Monday, December 16, 2024

Noxopharm: Signs licensing agreement with Hudson Institute for RNA technology

Noxopharm Signs licensing agreement with Hudson Institute for RNA technology

  • Noxopharm (NOX) signs licensing agreement with Hudson Institute of Medical Research for its cutting-edge ribonucleic acid (RNA) technology
  • The licence is subject to clinical trials and marketing approvals for both RNA drug discovery and mRNA vaccine manufacture
  • RNA drugs, already under development by Hudson, will add to the existing Pharmorage assets
  • RNA technology is seen as a key contributor for future drug and vaccine development
  • On the market today, the company was in the grey and trading at 48.5 cents per share

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