Selecta Biosciences Inc

NASDAQ:SELB   3:59:57 PM EDT
2.56
-0.21 (-7.58%)
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Selecta Biosciences And Ginkgo Bioworks Announce New Collaboration To Develop Next-Gen Gene Therapy Capsids

Published: 01/10/2022 12:13 GMT
Selecta Biosciences Inc (SELB) - Selecta Biosciences and Ginkgo Bioworks Announce New Collaboration to Develop Next-generation Gene Therapy Capsids.
Ginkgo Bioworks - Eligible to Earn Upfront Research and Development Fees and Milestone Payments, Including Certain Payments in Form of Selecta Stock.
Ginkgo Bioworks - Eligible to Earn Clinical, Regulatory & Commercial Milestone Payments of Up to $200 Million for Each of Specified Number of Products.
Ginkgo Bioworks Holdings Inc - is Also Entitled to Potential Further Downstream Value in Form of Royalties on Sales.
Ginkgo Bioworks - Clinical, Regulatory and Commercial Milestone Payments Have Potential to Total Up to $1.1 Billion.