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Context Therapeutics enters license agreement amendment with BioAtla

Context Therapeutics (CNTX) announced the amendment of the company’s exclusive license agreement, dated September 23, 2024, with BioAtla (BCAB). The amendment removes all future milestone and royalty obligations owed by the company for CT-202, the company’s Nectin-4 x CD3 T cell engager, in exchange for a $4.5M upfront payment, and a second and final $2M payment due by August 1, 2026.

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