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60 Degrees Pharmaceuticals to exercise option in agreement with FSU

60 Degrees Pharmaceuticals (SXTP) announced it has exercised the option in its agreement with Florida State University, FSU, to negotiate an exclusive license to use large-scale purification techniques to extract castanospermine from the seeds of Castanospermum australe. Castanospermum australe grows primarily in the Australian states of Queensland and New South Wales, but also in Florida, Hawaii, and California.

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