Bionaut Labs and Candel Therapeutics Announce Strategic Collaboration in Precision-Targeted Delivery of Oncolytic Viral Immunotherapies
LOS ANGELES and NEEDHAM, Mass., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Bionaut Labs, a company focused on revolutionizing the treatment of central nervous system disorders (CNS) with its Bionaut™ precision medicine treatment modality, and Candel Therapeutics, Inc. (Nasdaq: CADL), a late clinical-stage biopharmaceutical company developing novel oncolytic viral immunotherapies, today announced a strategic collaboration to investigate the use of Bionaut’s remote-controlled microscale robots for precision delivery of Candel’s oncolytic viral immunotherapy agents to specific brain tumors.
Bionaut Labs will apply its micro-robotic technology under the guidance of an integrated electro-magnetic control system to deliver Candel’s oncolytic viruses directly to brain tumors in a minimally invasive manner. The parties will jointly research the use of the Bionaut platform in the preclinical setting with an aim of advancing to clinical trials. The agreement enables both parties to retain unencumbered rights to their respective platforms, as well as rights for future clinical development together.
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