Theriva Biologics Licenses SYN-020 to Rasayana Therapeutics in $38M Milestone Deal

Reuters

Feb 18

<a href="https://laohu8.com/S/TOVX">Theriva Biologics</a> Licenses SYN-020 to Rasayana <a href="https://laohu8.com/S/LENZ">Therapeutics</a> in $38M Milestone Deal

Theriva Biologics said it has out-licensed SYN-020 to Rasayana Therapeutics under an exclusive worldwide agreement with sublicensing rights. Theriva received a $300,000 upfront payment and said it is eligible for up to $38 million in development, regulatory, and sales milestones, plus tiered single-digit royalties on net product sales. Rasayana will assume responsibility and costs for development and commercialization of SYN-020.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Theriva Biologics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9655962-en) on February 18, 2026, and is solely responsible for the information contained therein.

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