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This is a news report by Hong Kong Ta Kung Wen Wei Media Group Limited:
METiS TechBio (7666.HK), a leading AI-driven drug delivery innovation company, today announced it has entered into an exclusive global licensing agreement with Boulevard Bio ("Boulevard"), a U.S. biotechnology company backed by Deerfield Management, granting Boulevard worldwide development, manufacturing, and commercialization rights for MTS-128, a proprietary trispecific T-cell engager (TCE) program developed by METiS TechBio.
Short term share move puts Metis TechBio in focus Metis TechBio (SEHK:7666) has come onto investor radar after the stock fell about 10% in the latest session and is down around 24% over the past week. The company focuses on AI empowered nanomaterials for drug delivery. It reported revenue of HK$105.0 million and a net loss of CN¥391.836 million across its operations in Mainland China and the United States. See our latest analysis for Metis TechBio. At a latest share price of HK$18.0, Metis...
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