Arovella Therapeutics Shares Escrow Release

Arovella Therapeutics Limited (AU:ALA) has released an update.

Arovella Therapeutics Limited, a biotech company specializing in cell therapy for cancer treatment, has announced the release of 4,347,826 Ordinary Shares from voluntary escrow on 24 October 2024. These shares were initially issued as part of a licensing agreement with Sparx Group to advance Arovella’s CAR19-iNKT cell therapy and other technologies targeting solid tumors and blood cancers. The release marks a significant step for the company as it continues to develop and expand its innovative cancer therapies.

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