Zura Bio Enters into Sponsored Research Agreement with Benaroya Research Institute, Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Zura Bio Limited (NASDAQ:ZURA), a clinical-stage biotechnology company, has entered into a sponsored research agreement with Benaroya Research Institute (BRI). The research will focus on characterizing the role of Interleukin-7 receptor alpha in Thymic Stromal Lymphopoietin and Interleukin-7 signaling pathways.
September 12, 2023 | 9:01 am
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POSITIVE IMPACT
Zura Bio's partnership with BRI for research could potentially lead to the development of novel medicines, which may positively impact the company's stock.
The research agreement between Zura Bio and BRI is directly related to Zura Bio's core business of developing novel medicines. If the research yields positive results, it could lead to the development of new drugs, which could increase the company's revenues and positively impact its stock price.
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