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F-star Therapeutics Inks License Deal With Takeda To Develop Bispecific Antibody

RTTNews | 1514 days ago

F-star Therapeutics Inks License Deal With Takeda To Develop Bispecific Antibody

(RTTNews) - Biopharmaceutical company F-star Therapeutics, Inc. (FSTX), operating through its subsidiary, F-star Therapeutics Ltd., announced Wednesday that it has entered into a license agreement with Japan's Takeda Pharmaceutical Co. Ltd. (TAK) to develop a bispecific antibody.

Under the terms of the agreement, F-star will grant Takeda a worldwide, exclusive royalty-bearing license to research, develop, and commercialize a bispecific antibody against an immuno-oncology target using F-star's proprietary Fcab and mAb2 platforms.

Takeda will be responsible for all research, development, and commercialization activities under the agreement. F-star will receive an upfront license fee of $1 million.

F-star is also eligible to receive future development and commercialization milestone payments up to approximately $40 million over the course of the agreement if all milestones are achieved, plus single-digit percentage royalties on annual net sales.

Tags: FSTX

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Canadian Dollar Falls As Oil Prices Edge Lower

Canadian Dollar Falls As Oil Prices Edge Lower

The Canadian dollar weakened against other major currencies in the European session on Friday, as the crude oil prices traded lower amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.

RTTNews | 15 minutes ago

Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops

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Supermarket chain Kroger Co. reported Friday higher profit and sales in its second quarter, while Identical Sales growth was slower than the prior year. Further, the firm maintained adjusted earnings outlook for fiscal 2026, but trimmed growth view for identical sales without fuel. In the pre-market activity on the NYSE, the shares were losing around 2.62 percent.

RTTNews | 46 minutes ago

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RTTNews | 1h 0min ago

French Stocks Rise On Oil Price Drop, Middle East Concerns Persist

French Stocks Rise On Oil Price Drop, Middle East Concerns Persist

French equities recovered Friday with the CAC 40 rising to 8,167.27 points after the IEA lowered its global oil demand forecast. Brent crude futures declined 3.5% to $104.00 a barrel.

RTTNews | 1h 28min ago

Indian Shares End Off Day's Lows As Oil Prices Ease

Indian Shares End Off Day's Lows As Oil Prices Ease

Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.

RTTNews | 1h 56min ago

German Stocks Move Modestly Higher As Oil Prices Fall Sharply

German Stocks Move Modestly Higher As Oil Prices Fall Sharply

German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.

RTTNews | 2h 12min ago

Gold Edges Higher As Oil Prices Ease After Recent Surge

Gold Edges Higher As Oil Prices Ease After Recent Surge

Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.

RTTNews | 2h 27min ago

Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast

Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast

Oil prices traded lower on Friday but headed for a sharp weekly gain amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.

RTTNews | 2h 44min ago

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