Neoleukin Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Neoleukin granted, in the aggregate, options to purchase 3,300,000 shares of Neoleukin common stock, including options to purchase 1,650,000 shares granted to Jonathan Drachman, M.D., in connection with Dr. Drachman's appointment as Neoleukin’s Chief Executive Officer. Each of the options has an exercise price of
Neoleukin is a biopharmaceutical company creating next generation immunotherapies using de novo protein design technology. Neoleukin uses sophisticated computational methods to design proteins that demonstrate specific pharmaceutical properties that provide potentially superior therapeutic benefit over native proteins. Neoleukin’s lead product candidate, NL-201, is a combined IL-2 and IL-15 agonist designed to eliminate alpha receptor binding. For more information, please visit the Neoleukin website: www.neoleukin.com.
Source: Neoleukin Therapeutics, Inc.