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The upfront payment was for their license and research agreement focusing on Antigen Express AE37
January 2, 2018
By: Betsy Louda
Generex Biotechnology Corporation has confirmed its receipt of the $700,000 USD up-front license fee from Shenzhen BioScien Pharmaceuticals under a newly entered License and Research Agreement. The purpose of the Agreement is to develop and commercialize the Antigen Express AE37 immunotherapeutic vaccine for prostate cancer in China (including Taiwan, Hong Kong, and Macau). In addition to the license fee, Shenzhen BioScien will also make milestone payments to Generex of $1,000,000 USD...
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