Coeptis Therapeutics Secures Worldwide Development and Commercialization Rights to Next-Generation GEAR™ Cell Therapy Platform Strengthening its High-Impact Precision Immuno-Oncology Pipeline
March 11 2025 - 8:34AM
COEPTIS, Inc. (Nasdaq: COEP) ("the Company" or "Coeptis"), a
pioneering technology firm at the forefront of innovative
biotechnology solutions today announced it has successfully
licensed exclusive worldwide development and commercialization
rights to the GEAR™ (Gene Edited Antibody Resistant) Cell Therapy
Platform, representing a first-in-class approach to modifying
potent cancer-targeting immune cells to optimize the likelihood of
deep remission in patients with hematologic malignancies and other
cancers. Coeptis had previously held limited co-development rights
to GEAR. As part of this exclusive GEAR license agreement with
VyGen-Bio, Inc., Coeptis has formed a new majority-owned
subsidiary, GEAR Therapeutics, Inc., with the mission to advance
GEAR-based cell therapy towards human proof-of-concept studies to
initially evaluate GEAR-modified natural killer cells (GEAR-NK) for
the treatment of a broad range of cancers and other therapeutic
modalities.
How Is GEAR-NK Expected to Enhance Current Blood Cancer
Treatments?Gene-Edited Antibody Resistant NK cells (GEAR-NK) are
being developed as novel cancer strategy to allow for modified NK
cells to be co-administered with targeted monoclonal antibodies
(“mAbs”), which in the absence of the GEAR-NK would otherwise be
neutralized/eradicated by mAb therapy due to a common receptor
shared by both malignant cells and NK cells. GEAR-NK represents a
combination cancer therapy with the potential for significantly
improved outcomes for patients. The GEAR platform also holds the
potential to modify hematopoietic stems cells (HSCs) in combination
with mAbs to improve bone marrow transplant outcomes in the
treatment of a broad range of hematological malignancies.
According to COEP Scientific Advisory Board member, Evren Alici,
M.D., Ph.D., “GEAR-based immunotherapy represents a differentiated
approach to potentially optimize and enhance current antibody-based
cancer therapy, such as CD38 mAbs for the treatment of multiple
myeloma. By leveraging specific sites, we aim to enable
GEAR-modified immune cells, NK cells in this instance, to be
co-administered in combination with antibodies in a manner that
largely avoids undesired ‘on target/off tumor effects’ on a
plethora of combination or retargeting therapies. The encouraging
pre-clinical proof-of-concept data lead us to believe a GEAR-NK
strategy holds the potential to advantageously eliminate or reduce
the risk of NK cell fratricide while improving clinical benefit.”
Dr. Alici serves as head of the cell & gene therapy group at
Sweden’s renowned Karolinska Institutet.
Dave Mehalick, CEO of COEPTIS, expressed excitement, saying,
“This expanded ownership of the GEAR technology is a major
achievement for COEPTIS. The market potential of GEAR is extensive
and is driven by therapeutic need. GEAR, integrated into our
allogeneic cellular immunotherapy platform, has the potential to
provide a beneficial, cost-effective therapeutic option available
to all patients in need.”
About VyGen-Bio, Inc.With operations in
Florida, USA and Stockholm, Sweden, VyGen-Bio is a majority-owned
subsidiary of Vycellix, Inc (www.Vycellix.com). The Company’s
platforms were discovered by research scientists based at the Cell
& Gene Therapy Group at Karolinska Institutet (KI), Sweden.
Additionally, VyGen-Bio is a member-partner in “NextGenNK”, the
international Competence Center for the development of
next-generation NK cell-based cancer immunotherapies based at KI
and funded by Sweden’s innovations agency, Vinnova. KI is globally
recognized for its Nobel Assembly, which awards the Nobel Prize in
Physiology or Medicine. Website: www.VyGen-Bio.com
About COEPTIS, Inc.COEPTIS, Inc., together with
its subsidiaries Coeptis Pharmaceuticals, Inc., GEAR
Therapeutics, Inc., SNAP Biosciences, Inc., and Coeptis
Technologies (collectively "Coeptis"), is a biopharmaceutical and
technology company. The biopharmaceutical divisions focus on
developing innovative cell therapy platforms for cancer,
autoimmune, and infectious diseases. Coeptis aims to advance
treatment paradigms and improve patient outcomes through its
cutting-edge research and development efforts.
The Company's therapeutic portfolio is underscored by assets
licensed from Deverra Therapeutics, which include an allogeneic
cellular immunotherapy platform and DVX201, a clinical-stage,
unmodified natural killer cell therapy technology. COEPTIS is also
developing a universal, multi-antigen CAR technology licensed from
the University of Pittsburgh (SNAP-CAR), alongside GEAR
cell therapy and companion diagnostic platforms in collaboration
with VyGen-Bio and distinguished medical researchers at
the Karolinska Institute.
Building on its core competencies, COEPTIS has recently
established a Technology Division, which focuses on enhancing
operational capabilities through advanced technologies. This
division features AI-powered marketing software and robotic process
automation tools acquired from NexGenAI Solutions Group,
designed to optimize business processes and improve overall
efficiency.
Headquartered in Wexford, PA, COEPTIS is dedicated to
advancing its mission within the regulatory framework set forth by
the FDA, ensuring that all activities align with the highest
standards of compliance and patient care. For more information on
COEPTIS, visit https://coeptistx.com
Cautionary Note Regarding Forward-Looking StatementsThis press
release and statements of our management made in connection
therewith contain or may contain "forward-looking statements" (as
defined in Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as
amended). Forward-looking statements include statements concerning
our plans, objectives, goals, strategies, future events or
performance, and underlying assumptions, and other statements that
are other than statements of historical facts. When we use words
such as "may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, we are making
forward-looking statements. Forward-looking statements are not a
guarantee of future performance and involve significant risks and
uncertainties that may cause the actual results to differ
materially and perhaps substantially from our expectations
discussed in the forward-looking statements. Factors that may cause
such differences include but are not limited to: (1) the inability
to maintain the listing of the Company's securities on the Nasdaq
Capital Market; (2) the inability to recognize the anticipated
benefits of the Deverra licensed assets, which may be affected by,
among other things, competition, the ability of the Company to grow
and manage growth economically and hire and retain key employees;
(3) the risks that the Company's products in development or the
newly-licensed assets fail clinical trials or are not approved by
the U.S. Food and Drug Administration or other applicable
regulatory authorities; (4) costs related to ongoing asset
development including the Deverra licensed assets and pursuing the
contemplated asset development paths; (5) changes in applicable
laws or regulations; (6) the possibility that the Company may be
adversely affected by other economic, business, and/or competitive
factors; and (7) the impact of the global COVID-19 pandemic on any
of the foregoing risks and other risks and uncertainties identified
in the Company's filings with the Securities and Exchange
Commission (the "SEC"). The foregoing list of factors is not
exclusive. All forward-looking statements are subject to
significant uncertainties and risks including, but not limited, to
those risks contained or to be contained in reports and other
filings filed by the Company with the SEC. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings made or to be made
with the SEC, which are available for review at www.sec.gov.
We undertake no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof unless required by applicable laws, regulations, or
rules.
ContactsIR@coeptistx.com
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