Precigen Terminates License Agreement With Alaunos Therapeutics

Dow Jones10-11

By Adam L. Cataldo

Precigen terminated a licensing agreement with Alaunos Therapeutics, according to a Securities and Exchange Commission filing on Thursday.

The Germantown, Md. biotechnology company said that on Oct. 4 it terminated the amended and restated license agreement it entered into with Alaunos, regained all rights it had licensed and that Alaunos retained no rights to utilize any of its technology.

Precigen said when agreement was amended in April 2023 that the move would bolster its portfolio and broaden strategic opportunities, according to a press release on the company's website. It also said the company had regained exclusive rights to its IL-12 gene therapy.

Write to Adam Cataldo at adam.cataldo@wsj.com.

(END) Dow Jones Newswires

October 10, 2024 18:31 ET (22:31 GMT)

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Cataldo \n\n\nPrecigen terminated a licensing agreement with Alaunos Therapeutics, according to a Securities and Exchange Commission filing on Thursday. \n\n\n  The Germantown, Md. biotechnology ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TCRT","symbol_name":"Alaunos Therapeutics","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2474757705","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474757705","pubTimestamp":1728599460,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Precigen terminated a licensing agreement with Alaunos Therapeutics, according to a Securities and Exchange Commission filing on Thursday.The Germantown, Md. biotechnology company said that on Oct. 4 it terminated the amended and restated license agreement it entered into with Alaunos, regained all rights it had licensed and that Alaunos retained no rights to utilize any of its technology.Precigen said when agreement was amended in April 2023 that the move would bolster its portfolio and broaden strategic opportunities, according to a press release on the company's website. 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