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On November 21, 2023, (the “Execution Date”) Bellicum Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and The University of Texas M. D. Anderson Cancer Center, an institution of higher education and an agency of the State of Texas (“MDACC”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) pursuant to which MDACC will acquire substantially all of the Company’s assets, including all rights to each program of research and development related to (i) CaspaCIDe (inducible caspase-9), the Rimiducid-inducible safety switch designed to abrogate high-grade adverse events associated with genetically-modified cell therapies, (ii) inducible MyD88/CD40 (iMC), the Rimiducid-inducible activation switch designed to enhance effector cell proliferation and persistence and to resist exhaustion and inhibitory signals, (iii) dual-switch GoCAR-T, incorporating both iMC and a modified rapalog-inducible caspase-9 safety switch, and (iv) Rimiducid (the “Asset Sale”). Pursuant to the Asset Purchase Agreement, MDACC will pay to the Company an amount equal to $8.1 million in cash and will assume certain related
