Oncotelic Therapeutics sells rights to novel oncology tech

30 April 2024

Oncotelic Therapeutics (OTCQB: OTLC) has agreed to sell to Mosaic ImmunoEngineering (OTCPK: CPMV) rights to its clinical-stage necroptosis cancer therapies.

The firm’s therapeutics work by disrupting tumor blood flow, a mechanism which can ultimately result in an anti-cancer immune response.

Mosaic said that it expects to initially apply the technology in areas with high unmet medical need, including uveal melanoma and retinoblastoma.

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