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Progenitor Life Sciences, LLC Engages Maxim Group LLC to Explore Strategic Transactions in Immuno-Oncology
[August 01, 2016]

Progenitor Life Sciences, LLC Engages Maxim Group LLC to Explore Strategic Transactions in Immuno-Oncology


Progenitor Life Sciences LLC, developer of proprietary technologies for producing induced-pluripotent stem cells (iPSCs) and natural killer (NK) cells from adult donors for use as universally compatible 'off-the-shelf' cellular immuno-therapies, today announced it has retained Maxim Group LLC as its exclusive financial advisor. Maxim will assist the Company in identifying and negotiating partnerships that could result in a wide range of strategic transactions.

Progenitor CEO Gary R. Sams stated, "Our approach using proprietary iPSC and immunocompatibility technologies to generate universal donor/recipient-compatible chimeric antigen receptor T cells and NK cells (CAR-T and CAR-NK cells) is truly unique and efficient. Our technologies provide developers of CAR therapies a competitive advantage by enabling rapid, high throughput production and functional screening of CAR-expressing immune cells. Because our cell lines are generated with non-disruptive DNA insertion technology, they are more reliable and offer a potentially greater margin of safety for use in cell-based therapies. The agreement with Maxim Group will enhance ou ability to establish strategic partnerships and collaborations with companies in the immuno-oncology sector that would benefit significantly from our unique capabilities."



About Progenitor Life Sciences

Progenitor Life Sciences was founded in 2013 to create and develop platform solutions for the cellular immune oncology space. The Company's unique palette of proprietary solutions enables creation of allogeneic off-the-shelf CAR immune cell constructs from a variety of cell sources. The Company's website is located at www.progenitorlifesciences.com.


About Maxim Group LLC

Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim provides a full array of financial services including investment banking, equity research private wealth management, and global institutional equity, fixed income and derivatives sales & trading. Maxim Group LLC is registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA), Municipal Securities Rulemaking Board (MSRB), Securities Insurance Protection Corporation (SIPC), NASDAQ Stock Market and the NYSE Arca (News - Alert), Inc. To learn more about Maxim Group, visit www.maximgrp.com.


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