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Therapix Bio Signs MOU with Nanjing BioSciKin for Antibody

publication date: Dec 24, 2014
Therapix Biosciences , an Israeli biotech accelerator, announced a MOU to out-license China rights for its anti-CD3 antibody to Nanjing BioSciKin. As it currently stands, the agreement calls for BioSciKin to be responsible for all China development costs of the antibody plus build a GMP-compliant manufacturing line. BioSciKin will pay $300,000 upfront. Once BioSciKin takes over, Therapix intends to turn its attention to the synthetic cannabinoid drugs being developed by Lara Pharma, a company in which it owns a 25% stake. More details....

Stock Symbols: (TASE: TRPX; OTCQB: THXBY)

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