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Wednesday, July 22, 2020

Qualigen secures rights to lineup of RAS inhibitor cancer candidates

Qualigen Therapeutics (QLGN -3.6%) has signed a worldwide license agreement with the University of Louisville for “RAS-F” family of RAS oncogene protein-protein interaction inhibitor small molecule drug candidates.
The company will evaluate these compounds in order to identify a lead drug candidate for further development against one or more cancers.
UofL royalties will receive low-to-mid-single-digit percentages on net sales of RAS protein-protein licensed products.

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