Clinical-Stage Biotech Company - 15 Patents (Immunotherapy/Cancer)

Description

Bankruptcy Auction! Bid Deadline: November 17, 2023

DNAtrix

  •  Clinical-stage biotechnology company focusing on the development of cutting edge, virus-driven immunotherapies for difficult-to-treat cancers.
  • 15 granted patents protecting the intellectual property behind drugs and Immunotherapy process in the U.S, Canada, Europe and Asia.  Heavily Differentiated and patented Immunology approach with progressive drugs.
  • Significant cash flow potential both internally and through out-licensing products. 

  Top Therapies & Top Clinical Trial Status:

•DNX-2401 – Completed Phase II for Recurrent Glioblastoma (rGBM) & Phase I for Diffuse Intrinsic Pontine Glioma (DIPG). Crucial, multi-year Phase III ready for rGBM trial
•DNX-2440 – Started Phase I for Colorectal Cancer with Resectable Liver Metastases and Other Tumors

 •Company Website: https://www.dnatrix.com/

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Auction Information

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Terms & Conditions

  • Buyers Premium:

    NA (see Bidding Procedures)

  • Closing:

    Later of (i) 30-days of Auction; and (ii) 15 days after Court approval.  See Bidding Procedures.

  • Deposit Amount:

    10% of Bid Amount. See Bidding Procedures.

  • Broker Co-op:

    NA

Inspection

Qualifying Bid Deadline: November 17, 2023 @ 12:00 PM ET 

  • Buyers Premium:

    NA (see Bidding Procedures)

  • Closing:

    Later of (i) 30-days of Auction; and (ii) 15 days after Court approval.  See Bidding Procedures.

  • Deposit Amount:

    10% of Bid Amount. See Bidding Procedures.

  • Broker Co-op:

    NA

Qualifying Bid Deadline: November 17, 2023 @ 12:00 PM ET 

Auction Info:

  • Tuesday, November 28th @
    10:00 AM
  • Property Type
    Intangibles
  • Property Location
    1350 Avenue of the Americas
    New York, NY 10019
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Joshua Olshin

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267