SPY330.30+3.33 1.02%
DIA272.81+1.37 0.50%
IXIC10,963.64+184.84 1.71%

Lineage Cell Therapeutics Awarded $573,000 Grant From Israel Innovation Authority For Development Of A Bio-Retinal Patch For Treatment Of Retinal Diseases In Partnership With Precise Bio

Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs, today announced that the Company has been awarded a new

· 09/08/2020 08:10

Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs, today announced that the Company has been awarded a new research & development grant for 2020 of up to 1.95 million Israeli New Shekels (approximately $573,000) from the Israel Innovation Authority (IIA). The grant, which is one of the first under the IIA's bio-convergence initiative, provides funding for the development of a novel bio-retinal patch for the treatment of retinal diseases by Lineage's subsidiary, Cell Cure Neurosciences Ltd., in partnership with Precise Bio Ltd. (Precise Bio).