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HyGro

10/23/24 12:01 PM

#727975 RE: dennisdave #727930

Laughable, Merck has access to all the UCLA trial data passed on DCVax-L and just both another Glioblastoma treatment for $30 mil upfront and a potential of over $1 Billion. Get real.

Merck pays $30M to buy ‘chameleon’ approach to deadly brain cancers
Lei Lei Wu Endpoints News Reporter
Merck is acquiring a startup spun out of Yale called Modifi Bio, which has developed a suite of molecules against chemotherapy-resistant glioblastoma, a devastating and often deadly disease.

Merck will pay $30 million upfront, and the deal could be worth as much as $1.3 billion based on potential future payments.

Modifi Bio was founded in 2021 in hopes of turning the academic findings from Yale scientists into a new treatment for brain cancers. That research, published in Science when the company launched in 2022, showed that a so-called DNA modifier could essentially link two strands of DNA in a way slow enough that healthy cells could reverse any damage, but cancer cells couldn’t, leading only cancer cells to die.