Lion Biotechnologies (LBIO) Enters Licensing Agreement for Glioblastoma, Pancreatic Cancer Studies
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Lion Biotechnologies Enters Into Exclusive License Agreement With PolyBioCept AB and Clinical Trials Agreement With the Karolinska University Hospital
September 15, 2016 8:03 AM EDTNEW YORK, NY -- (Marketwired) -- 09/15/16 -- Lion Biotechnologies, Inc. (NASDAQ: LBIO), a biotechnology company developing novel cancer immunotherapies based on tumor-infiltrating lymphocytes (TIL), today announced that it has entered into an exclusive license agreement with PolyBioCept AB, a corporation organized under the laws of Sweden, and a related clinical trials agreement to sponsor two clinical studies in glioblastoma and pancreatic cancer at the Karolinska University Hospital in Sweden.
Under the terms of the license agreement, Lion gained exclusive worldwide rights to two international patent applications related to a specific combination of... More