CanSino Biologics Signs Licensing Agreement With PanRu Biotech for Three-Component LNP Delivery System

Reuters11-10
CanSino Biologics Signs Licensing Agreement With PanRu Biotech for Three-Component LNP Delivery System

CanSino Biologics Inc. announced that its subsidiary, CanSino (Shanghai) Biological Research Co., Ltd., has signed a licensing agreement with PanRu Biotechnology (Tianjin) Co., Ltd. Under the agreement, CanSinoBIO will grant PanRu Biotech the rights to use its three-component lipid nanoparticle delivery system (ISL-3C-LNP) for the development, manufacturing, and commercialization of therapeutic mRNA vaccines, including a program targeting prostate cancer. The deal is expected to bring CanSinoBIO proceeds exceeding RMB 100 million through upfront and milestone payments. This agreement aims to expand the application of CanSinoBIO's delivery technology and support further clinical development and collaboration between the two companies.

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