Cizzle Biotechnology USA and Canada Agreement Major Milestone (VIDEO)

Cizzle Biotechnology plc (LON:CIZ) Executive Chairman Dr Allan Syms joins DirectorsTalk Interviews to discuss a strategic and exclusive licensing agreement to develop and offer its proprietary test throughout the USA and Canada.

Dr. Alan Syms, discusses the significance of this partnership, detailing the financial benefits such as a guaranteed royalty stream and a $2.4 million upfront payment over 30 months, which represents a substantial revenue stream for the company. Additionally, he outlines the savings from not conducting the clinical trials themselves and the partnership’s role in supporting development work in the UK. He touches on Cizzle’s focus on the US market due to its large size and unmet need for simple blood tests for lung cancer screening, the company’s licensing business model, and its future product development plans and market strategies both in North America and globally and the steps the company will be taking over the short to medium term.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    Cizzle Biotech

    More articles like this

    Cizzle Biotech

    Cizzle Biotechnology completes evaluation programme with Bio-Techne

    Bio-Techne Corporation (NASDAQ: TECH) and Cizzle Biotechnology Holdings plc (LON:CIZ), the UK-based diagnostics developer, have announced recent progress evaluating specific monoclonal antibodies for Cizzle’s CIZ1B cancer biomarker. Cizzle has successfully completed an evaluation programme aimed at assessing the feasibility of

    Cizzle Biotech

    Cizzle Biotechnology secures transaction with Conduit

    Cizzle Biotechnology Holdings plc (LON:CIZ), the UK based diagnostics developer, has announced that it has agreed a put option to sell: (i) its 5% economic interest in the commercialisation of the AZD 1656 asset to treat