Malin Corporation PLC (MLLNF) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Malin Corporation PLC has announced that its investee, Poseida Therapeutics, entered a significant research collaboration and licensing deal with Xyphos Biosciences, aiming to develop innovative CAR-T therapies for solid tumors. Poseida is set to receive an upfront payment of $50 million, with the potential for up to $550 million in additional milestones and royalties. The partnership marries Poseida’s allogeneic CAR-T platform with Xyphos’ ACCEL technology, signaling a promising leap forward in cell therapy for cancer treatment.
For further insights into MLLNF stock, check out TipRanks’ Stock Analysis page.
