Malin Investee Poseida Forges Major Biotech Alliance

Malin Investee Poseida Forges Major Biotech Alliance

Malin Corporation PLC (MLLNF) has released an update.
Malin Corporation PLC has announced that its investee, Poseida Therapeutics, entered a significant research collaboration and licensing deal with Xyphos Biosciences, aiming to develop innovative CAR-T therapies for solid tumors. Poseida is set to receive an upfront payment of $50 million, with the potential for up to $550 million in additional milestones and royalties. The partnership marries Poseida’s allogeneic CAR-T platform with…
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Source: https://www.tipranks.com/news/company-announcements/malin-investee-poseida-forges-major-biotech-alliance