Cytos out-licenses VLP platform for hep B infections to OnCore Biopharma

6 January 2015

Switzerland-based Cytos Biotechnology (SIX: CYTN) has executed an exclusive license agreement granting privately-held US biotech firm OnCore Biopharma access to its clinically validated virus like particle (VLP) platform for the use in the treatment and prevention of hepatitis B viral infections.

Cytos also granted an option for the treatment of additional viral diseases other than influenza. The agreement will become effective with the achievement of certain closing conditions, including a successful debt restructuring of Cytos.

Financial terms of the deal

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