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0 0.00858797683243476 -0.00159776313161567 -0.0259636508887557 0.000998601957259948 -0.0195725983622926 -0.0121829438785699 -0.0349510685040942
Stock impact report

Klotho Neurosciences Signs Letter of Intent to Acquire Select Assets from Turn Biotechnologies, Anchored by $300 Million Global Pharma Partnership [Yahoo! Finance]

Klotho Neurosciences, Inc. (KLTO) 
Company Research Source: Yahoo! Finance
Company") today announced it has signed a Letter of Intent (LOI) to acquire select assets from Turn Biotechnologies, Inc. ("Turn"), a leader in induced pluripotent stem cells (iPSC) and cellular reprogramming. The proposed cash and stock transaction is subject to completion of due diligence, execution of a definitive agreement, and customary closing conditions. If completed, the transaction would position Klotho as a leader in the development of longevity therapeutics. Klotho Neurosciences, Inc. logo (PRNewsfoto/Klotho Neurosciences, Inc.) Under the LOI, Klotho would acquire Turn's ERA ("Epigenetic Reprogramming of Age") platform and eTurna RNA delivery system. These proprietary technologies are designed to rejuvenate somatic cells and restore tissue function, creating opportunities for a long list of regenerative therapies in dermatology, ophthalmology, immunology, osteoarthritis, muscle health and diseases like amyotrophic lateral sclerosis ("ALS"). Importantly, as part of thi Show less Read more
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