RFU Helix 51 Incubator Company Receives Illinois Innovation Voucher Grant Award for Cancer-Drug Development [Yahoo! Finance]
Bristol-Myers Squibb Company (BMY)
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Source: Yahoo! Finance
awarded an Illinois Innovation Voucher grant for $75,000 for its collaboration with Rosalind Franklin University (RFU). UP Oncolytics is developing a novel treatment for Glioblastoma Multiforme (GBM), the most aggressive form of malignant brain cancer. GBM is the leading cause of cancer-related deaths among men under 40 in the United States. Approximately 13,000 new cases of GBM are diagnosed annually. The median survival time for patients is about 14 months, and the five-year survival rate remains at only 7.1%. No new therapeutic agents have received approval in the U.S. in the past 20 years. Established by the Illinois Department of Commerce and Economic Opportunity (DCEO) and administered by the Illinois Science & Technology Coalition (ISTC) to support collaborations between Illinois universities and small businesses, the grant will help UP Oncolytics complete Investigational New Drug (IND) experiments at RFU's research labs for its initial candidate to treat GBM. "We are gra
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BMY
Earnings
- 10/31/25 - Beat
BMY
Sec Filings
- 1/12/26 - Form 8-K
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- BMY's page on the SEC website