CytoMed Therapeutics Signs HOA and MOU to Advance Research on Allogeneic Gamma Delta T Cell Technology
Portfolio Pulse from Benzinga Newsdesk
CytoMed Therapeutics Limited (NASDAQ:GDTC), a Singapore-based biopharmaceutical company, has announced the signing of a Heads of Agreement (HOA) with CytoMed Therapeutics China Limited and a Memorandum of Understanding (MOU) with BioNex Solutions Inc. These agreements are aimed at advancing research on allogeneic Gamma Delta T Cell technology for cancer treatment.
December 05, 2023 | 12:34 pm
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CytoMed Therapeutics has entered into strategic agreements to further its research on allogeneic immunotherapies, potentially enhancing its product pipeline and future growth prospects in cancer treatment.
The signing of the HOA and MOU by CytoMed Therapeutics indicates a proactive approach to expanding its research capabilities and potentially bringing new cancer therapies to market. This news is likely to be viewed positively by investors as it demonstrates the company's commitment to growth and innovation in the biopharmaceutical industry. The direct involvement in advancing allogeneic Gamma Delta T Cell technology could lead to significant developments in cancer treatment, which may have a positive impact on the company's stock price in the short term.
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