RE: Chat with JC9 May 2019 16:57
Of course, all kinds of possibilities seeing as how BioNtech by now one would think have a real insight into moditope like no one else outside of scancell in as much as they have been working intimately with scancell team science to use modi1 to create cancer targeting TCR therapies... however the original idea is a simple licensing deal:
'Under the terms of the agreement, Scancell and BioNTech will enter into an initial research collaboration to discover and characterise T cell receptors specific for citrullinated epitopes from vimentin and enolase. These epitopes form the basis of Scancell's first Moditope® development candidate, Modi-1. Upon completion of these studies, BioNTech will have the exclusive option to enter into a licence agreement for the development of cell receptor based therapeutics that are specific to Modi-1 epitopes.'
Such a deal in this area you would expect at least $10 million upfront plus milestones... this would be an advanced program with clinical possiblities in the near term due to such a long pre clinical collab... meaning milestones could get triggered fast....
If they now also want to include modi2 which indeed could be the case... scancell will be in a very nice position on licensing deals on both.... and such upfront monies would be totally transformational considering current mcap situation... of course BioNtech knowing the potential of moditope could well be fishing for a much better tie up for them where they gain moditope IP ... don't think scancell are behind the door here though... scancells pipeline value could well totally eclipse BioNtechs in a few short years... think about that :)