GtreeBNT Aims To Validate Business Model Via Licensing Deals

2017 may be a milestone year for GtreeBNT as it progresses its late clinical stage pipeline in the US for various high-need indications including glioblastoma, the South Korean bioventure’s CEO assuring investors that he expects to see “good results” in the near future as it seeks licensing deals for its assets.

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South Korea's GtreeBNT Co. Ltd. is preparing or proceeding with late stage clinical trials in the US for its drug development pipeline, while exploring licensing out opportunities to validate its business model and help it grow into a more globalized operation.

The venture has a differentiated business model of acquiring rights to novel drug candidates in Phase I or II development,...

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