AIM ImmunoTech Engages Business Development Firm, Azenova, LLC To Catalyze Partnering, Development And Commercialization Efforts For Ampligen Pipeline Programs
Portfolio Pulse from Benzinga Newsdesk
AIM ImmunoTech Inc. has engaged Azenova, LLC, a business development consulting firm, to support its efforts to partner its pipeline programs, particularly its lead asset, Ampligen®, for the treatment of various malignant solid tumors. Azenova will assist AIM in entering into a partnership, out-license, or other transaction whereby a biopharmaceutical company takes on the further development and commercialization of Ampligen®.
October 17, 2023 | 12:46 pm
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POSITIVE IMPACT
AIM ImmunoTech's partnership with Azenova could potentially lead to further development and commercialization of its lead asset, Ampligen®. This could unlock significant value in the asset.
The partnership with Azenova could lead to a transaction that allows a biopharmaceutical company to take on the further development and commercialization of Ampligen®, AIM's lead asset. This could potentially unlock significant value in the asset, positively impacting AIM's stock.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100