Australian CAR-T cell specialist Carina Biotech has inked a deal with Bionomics Limited to create cell therapies using the latter’s first-in-class humanized antibody BNC101.
Under the terms of the global, exclusive agreement, Carina will fund all R&D and pay up to A$118 million ($86 million) in clinical and development milestones.
Bionomics will also be eligible for royalty payments should Carina’s efforts result in a saleable product.
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