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Stock impact report

Precision BioSciences Receives $7.5M in Proceeds from TG Therapeutics for Azer-cel Clinical Milestone in Multiple Sclerosis [Yahoo! Finance]

Precision BioSciences, Inc. (DTIL) 
Last precision biosciences, inc. earnings: 11/12 07:15 am Check Earnings Report
Company Research Source: Yahoo! Finance
– Milestone payments include $5.25 million cash and $2.25 million purchase of Precision stock – – Cash received supports Precision's expected cash runway through 2028 and strategic focus on in vivo gene editing pipeline – DURHAM, N.C., March 02, 2026 BUSINESS WIRE )--Precision BioSciences, Inc. (Nasdaq: DTIL), a clinical stage gene editing company utilizing its novel proprietary ARCUS ® platform to develop in vivo gene editing therapies for high unmet need diseases, today announced the achievement of a clinical milestone under its license agreement with TG Therapeutics, Inc. (Nasdaq: TGTX). The milestone payment for azercabtagene zapreleucel (azer-cel) was triggered by progress of a Phase 1 clinical trial of azer-cel in progressive forms of multiple sclerosis (MS). As a result of this milestone event, Precision will receive $7.5 million in proceeds inclusive of $5.25 million cash and $2.25 million for the purchase of 201,504 shares of Precision common stock by TG Therapeutics at Show less Read more
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