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Xenetic Biosciences Enters Exclusive License And Sublicense Agreements With CLS Therapeutics; Xenetic To Make Upfront Payment Of $500K In Cash And Issue 875K Shares Of Common Stock As Well As Up To $13M In Future Milestones

Transaction with CLS Therapeutics for DNase platform includes two pre-clinical development programs and creates near-term clinical development opportunity DNase based oncology platform has the potential to improve

XBIO