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news.Immunosyn has entered into an amended and restated license agreement with its largest shareholder, Argyll Biotechnologies, to market, sell and distribute a biopharmaceutical compound with the potential to treat a range of autoimmune diseases.
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The amended license agreement expands the grant of rights to Immunosyn to include the exclusive worldwide right to market, sell, distribute and promote SF-1019 in its current form for multiple uses including the treatment of any and all diseases and pathological conditions, including chronic inflammatory demyelinating polyneuropathy, diabetic neuropathy and diabetic ulcers.
Immunosyn is also granted the rights to any improvement of SF-1019 and other compounds, which are developed under the same technology platform and which are chemically similar to SF-1019.
Immunosyn also obtained an exclusive, worldwide license to all intellectual property owned by or assigned to Argyll Biotechnologies for the purpose of marketing, distribution, sale and promotion of SF-1019. Immunosyn continues to have the right of first offer to enter into additional license agreements for uses of other compounds that are developed and which are not already covered under the amended license agreement.