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BOD Science Sells Key IP Assets in Strategic Move Amid DOCA
7:03pm on Monday 2nd of June, 2025 AEST
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Pharmaceuticals
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BOD Science Sells Key IP Assets in Strategic Move Amid DOCA
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Sale of three intellectual property rights including Aqua Phase and CLIC Protein IP
Consideration includes AU$125,000 cash, £2 million debt forgiveness, and 5% equity in Optimus Salvus
Proceeds to fund creditors via the Creditors' Trust under the DOCA
Transaction finalised after extensive negotiations with Optimus Salvus and Aqua Phase inventors
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