Surface Oncology Inc (SURF)

[georgie18]

SURF...$5.80...in the P/M...Surface to receive $30 million milestone payment upon first patient treated in the Phase 1 study ...:party:

CAMBRIDGE, Mass., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Surface Oncology (Nasdaq: SURF), a clinical-stage immuno-oncology company developing next-generation immunotherapies that target the tumor microenvironment, today announced that the U.S. Food and Drug Administration (FDA) has cleared the Investigational New Drug Application (IND) for GSK4381562 (formerly SRF813) to proceed into a first-in-human clinical trial. GSK4381562 is a fully human IgG1 antibody targeting PVRIG (also known as CD112R), an inhibitory protein expressed on natural killer cells (NK cells) and T cells.

In December 2020, Surface announced it had entered into an agreement in which GSK exclusively licensed worldwide development and commercial rights to GSK4381562. Surface will receive a $30 million milestone payment in conjunction with the initiation of the first Phase 1 study for GSK4381562 and is eligible to receive an additional $700 million in future milestone payments, as well as be eligible to receive tiered royalties on global net sales...
[7:43 AM]
georgie18 — 11/04/2021
SURF...$7.73...Long Term Cup N Handle Continuation Pattern...with 45 Million range O/S...Target...$27...Break/Hold $18 range and you hit Blue Skies with NO Topside resistance...imo...we shall see... https://schrts.co/rGqEChPJ ...Long Hold for me...:party: