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0.00171821305841921 -0.0549828178694159 -0.084192439862543 -0.0120274914089348 0.0274914089347079 0.0652920962199312 -0.0253780068728521 0.0575601374570447
Stock impact report

Instil Bio's Subsidiary Discontinues Clinical Development of AXN-2510 and Terminates License and Collaboration Agreement with ImmuneOnco [Yahoo! Finance]

Instil Bio, Inc. (TIL) 
NASDAQ:AMEX Investor Relations: nasdaq.com/symbol/til
Company Research Source: Yahoo! Finance
subsidiary of Instil, has decided to discontinue clinical development of AXN-2510 and that Axion and ImmuneOnco Biopharmaceuticals (Shanghai) Inc. (HKEX: 1541.HK) (“ImmuneOnco”) have entered into an agreement terminating their license and collaboration agreement for AXN-2510 and AXN-27M (“Termination Agreement”). Under the terms of the Termination Agreement, all rights previously licensed to Axion, including global development and commercial rights outside Greater China, have reverted to ImmuneOnco, subject to a limited license to Axion to wind down its clinical development activities. About Instil Bio Instil Bio is a biopharmaceutical company focused on developing novel therapies. For more information visit www.instilbio.com Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipates,” “believes,” “expects,” “exploring,” “future,” “intends,” “may,” “p Show less Read more
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