Innate: agreement with IFLI in follicular lymphoma
(CercleFinance.com) - Innate Pharma announces an agreement with the Institute for Follicular Lymphoma Innovation (IFLI) to explore the clinical potential of IPH6501, its anti-CD20 ANKET, in follicular lymphoma.
Patients with relapsed and/or refractory follicular lymphoma will be included in the ongoing Phase 1/2 trial evaluating IPH6501 in patients with CD20-expressing non-Hodgkin's lymphoma.
To support this clinical trial, IFLI will invest $3 million in new Innate shares, at a price of €1.56 each. It may also invest up to $4.9 million in the same form, depending on the achievement of certain milestones.
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