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Ryvu Therapeutics SARyvu Therapeutics enters into agreement with BioNTech to support clinical trials
Listed biotech firm Ryvu Therapeutics has entered into a strategic agreement with German BioNTech to support clinical trials in the field of immuno-oncology conducted in Poland. As of the date of the agreement, the total budget for orders placed with Ryvu amounts to EUR 2.946 million, the company announced in a press release.
The agreement is a framework agreement, and individual services will be provided by Ryvu on the basis of independent orders (Scope of Work) submitted by BioNTech.
As stated, the orders concern support for BioNTech in activities aimed at accelerating the activation of centres and the recruitment of patients for several key clinical programmes in the field of oncology, carried out in Poland by BioNTech, in indications such as lung, breast and colorectal cancer.
The press release indicates that BioNTech intends to commence clinical trials in Poland as part of several priority programmes, fully financing the support provided by Ryvu.
The agreement is an extension of the existing cooperation under an exclusive research and licensing agreement dated November 29, 2022.
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