Monarch Therapeutics and SNAP Biosciences, Inc., a Subsidiary of Coeptis Therapeutics Holdings Inc., Enter Licensing Agreement to Bolster SNAP-CAR NK Cell Therapy in Oncology
May 28 2025 - 8:28AM
SNAP Biosciences, Inc a majority-owned subsidiary of Coeptis
Therapeutics Holdings Inc. (Nasdaq: COEP) and Monarch Therapeutics
Inc., a biotechnology company pioneering next-generation
immunotherapies, today announced a licensing agreement to enable
the development and commercialization of SNAP Biosciences’
proprietary Snap-Car NK cell therapy platform in oncology using
Monarch’s small molecule adaptor technology.
This agreement grants SNAP Biosciences access to
Monarch’s novel small-molecule adaptor-based technology platform,
significantly broadening the functionality of the Snap-Car
universal CAR-based receptor platform. Monarch’s ground-breaking
small molecule approach, invented by Monarch’s scientific
co-founders Drs. Jason Lohmueller and Alexander Deiters, enables
SNAP-CAR cells to be directed by small molecule-based adaptors,
enhancing the system’s precision, flexibility, and modular
potential across diverse therapeutic areas.
“This agreement underscores the growing
recognition of our adaptor technology as a transformative tool for
cell therapy,” said Christopher Potts, CEO of Monarch Therapeutics.
“We are thrilled to have the team at SNAP Bioscience bring this
exciting technology to patients with a new generation of NK
therapies that have the potential to be both highly targeted and
curative.”
The Snap-Car NK cells represent a promising
platform technology in the cell therapy landscape. By integrating
Monarch’s small molecule adaptors, these therapies can now be
engineered to simultaneously target multiple tumor antigens and
modulate their activity in real-time, with an improved
manufacturing and regulatory pathway. This advanced functionality
offers a significant leap forward in addressing tumor heterogeneity
and challenges associated with antigen escape commonly encountered
in oncology.
“We are thrilled to incorporate this innovative
adaptor technology into our Snap-Car NK platform,” said Dave
Mehalick, CEO at Coeptis Therapeutics Holdings, inc. “This
collaboration positions us to advance more potent, flexible, and
scalable NK therapies aimed at transforming outcomes for patients
with difficult-to-treat cancers.”
Under the terms of the agreement, Monarch will
receive an upfront licensing payment and is eligible for future
development milestone payments, as well as royalties on net
sales.
About Monarch Therapeutics
Inc.
Monarch Therapeutics is a pre-clinical stage
biotechnology company focused on developing next-generation
immunotherapies. The company’s proprietary adaptor platform enables
precise, programmable control of cell-based therapies, expanding
their reach and dynamic disease targeting across a broad range of
therapeutic areas. With a focus on solid tumors, Monarch
Therapeutics implements its adaptor platform to drive universal
CAR-T cell therapies with leading tunability, mutli-antigen
targeting, and control. For more information, visit
https://monarchtherapeutics.com/
About SNAP Biosciences Inc.
SNAP Biosciences, Inc is a majority-owned
subsidiary and one of the biopharmaceutical divisions of Coeptis
Therapeutics Holdings, Inc. SNAP Bioscience’s is focusing on the
development of Snap-Car, a "universal" CAR (chimeric antigen
receptor) cell therapy, that uses a SNAP molecule to connect a CAR
to tumor cells. This allows for programmable antigen targeting
through co-administered antibodies, providing flexibility in
targeting multiple antigens and indications. For more
information, visit https://snapbioscience.com
About Coeptis Therapeutics Holdings,
Inc
Coeptis Therapeutics Holdings, 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.
Coeptis’ 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 Food and Drug Administration, ensuring that all
activities align with the highest standards of compliance and
patient care. For more information on Coeptis and its lines of
business, visit https://coeptistx.com
ContactsIR@coeptistx.com
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