Alligator Bioscience sells mitazalimab to Biossil
The transaction initially yields $0.75 million plus up to $108 million in contingent payments and royalties.
See the latest news and media coverage for Alligator. We track all announcements, press releases, and industry mentions in real time, all in one place.
Oncology biotechnology company focused on antibody assets and partnering
alligatorbioscience.seLast updated
In short: Alligator reported Q3 losses, completed a SEK 58.8M rights issue, and named Johan Giléus CEO.
The transaction initially yields $0.75 million plus up to $108 million in contingent payments and royalties.
The company completed a SEK 58.8 million rights issue, continues an operational wind-down, and appoints its CFO as CEO starting January 2027 while focusing on the HLX22 asset.
The company shares the PDF report and invites stakeholders to register for the 14:00 CEST call.
Subscriptions reached 17.1 percent of the target, requiring guarantee commitments for 29.7 percent, with final results expected on September 22, 2026.
Alligator received SEK 58.8 million before issue costs, and the bridge loans of SEK 19 million were repaid from the proceeds. Wind-down progressing according to...
Alligator Bioscience reported a weak second quarter with no significant operational events, continuing to post operating losses and declining cash, while progressing investigator-led studies and...
Alligator Bioscience was founded in 2001 and is headquartered in Lund, Sweden, focusing on the development of tumor immunology antibody drugs targeting the CD40 receptor. Its core pipeline, mitazalimab, is a CD40 agonist monoclonal antibody that demonstrated significant efficacy in the Phase II clinical trial OPTIMIZE-1 for first-line metastatic pancreatic cancer, and was once positioned by the company as a key asset about to enter Phase III development...
Investing.com - Alligator Bioscience shares plunged more than 73% on Thursday after the Swedish biotech announced it would discontinue the...
Track Alligator and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Alligator and other trending companies.