Tiziana Life Sciences to Spin Out IL-6 Asset into Separate Public Company

Reuters12-02

<a href="https://laohu8.com/S/TIZAF">Tiziana Life</a> Sciences to Spin Out IL-6 Asset into Separate Public Company

Tiziana Life Sciences Ltd. has announced plans to spin out its fully human anti-IL-6 receptor monoclonal antibody, TZLS-501, and related assets into a separate publicly traded company. The move aims to enhance strategic focus and unlock value for shareholders, who will receive shares in the new entity via a distribution in specie. The spinout, which will center on the IL-6 market, is subject to shareholder approval and meeting listing requirements. The decision follows increased industry interest in IL-6 pathway therapeutics, highlighted by Novartis' recent $1.4 billion acquisition of Tourmaline Bio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tiziana Life Sciences Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9595204-en) on December 02, 2025, and is solely responsible for the information contained therein.

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