OAT-3912 / Molecure, Ocean Biomedical - LARVOL DELTA

Molecure (WSE: MOC) and Nasdaq-listed biotechnology company Ocean Biomedical (NASDAQ: OCEA) sign an exclusive licensing agreement for the development and commercialization of selective YKL-40 inhibitors. (GlobeNewswire) - "Molecure S.A.has signed an exclusive licensing agreement with Ocean Biomedical Inc...based in Providence, Rhode Island, USA. The agreement concerns the development and commercialization of the selective YKL-40 inhibitor program, including the lead molecule OAT-3912, which Molecure has developed to early preclinical stage, as well as a second patent for a primary screening test enabling continuation of a continued discovery and development of novel YKL-40 modulators....Under the agreement, Ocean Biomedical gains the exclusive rights to further research, develop, manufacture and commercialize Molecure’s OAT-3912 and other selective YKL-40 inhibitors worldwide and for all indications."

Licensing / partnership • Oncology