Exicure Achieves Milestone in Collaboration with GPCR Therapeutics

Reuters05:29
Exicure Achieves Milestone in Collaboration with GPCR <a href="https://laohu8.com/S/LENZ">Therapeutics</a>

Exicure Inc. has achieved the first milestone under its License and Collaboration Agreement with GPCR Therapeutics Inc., following the completion of a Phase 2 clinical trial for its novel stem cell mobilizer. As part of the agreement, Exicure will make a $1 million milestone payment to GPCR Therapeutics Inc. This collaboration focuses on the development of Burixafor (GPC-100), a small molecule CXCR4 inhibitor, and the milestone completion also activates a future sublicensing income-sharing arrangement between the two companies.

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