02/26/2026
announces the signing of a term sheet for a strategic asset acquisition with Celyn Therapeutics, Inc., a privately held biotechnology company backed by OrbiMed and Torrey Pines Investment.
Under the proposed terms of the agreement, will acquire worldwide rights to two highly differentiated, clinical-stage oncology assets targeting non-small cell ( ): CL-273, a pre-IND, reversible, wild-type-sparing pan-EGFR inhibitor, and CL-741, a Phase 1-ready, orally available type IIb c-MET kinase inhibitor.
Read the full release here: bit.ly/4sa6XPt