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tikcro technologies ltd (TIKRF) Snapshot

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02/12/15 - $0.65
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12/29/14 - $0.46
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tikcro technologies ltd (TIKRF) Details

Tikcro Technologies Ltd. does not have significant operations. It focuses to provide funding for early-stage biotechnology projects. Previously, the company was engaged in the discovery, development, and commercialization of novel therapies for treating solid cancer tumors. Tikcro Technologies Ltd. was founded in 1999 and is based in Raanana, Israel.

1 Employees
Last Reported Date: 04/30/14
Founded in 1999

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tikcro technologies ltd (TIKRF) Key Developments

Tikcro Technologies Ltd. Signs Research and License Agreement Regarding Cancer Immune Checkpoint Antibodies

Tikcro Technologies Ltd. announced that it has entered into a research and license agreement with Yeda Research and Development Company Ltd., the technology transfer arm of the Weizmann Institute of Science in Israel. This agreement is for the development of new antibodies originating from specified research at the Weizmann Institute of Science addressing identified targets of cancer immune checkpoints. Under the agreement, Tikcro will provide funding for further research at the Weizmann Institute of Science to develop certain antibodies selected and verified in pre-clinical trials. The antibodies may have high selectivity and binding qualities towards cancer immune checkpoints. Further research and development will be required to promote such antibodies as therapeutic candidates for immune modulation in oncology. Tikcro, alone or through sub-licensees, will have the right to obtain the research results and to pursue development through commercialization. The license consideration due from Tikcro to Yeda includes royalties from net sales, sub-license fees and fixed fees linked to clinical and commercial sales milestones.

Tikcro Technologies Ltd., Annual General Meeting, Dec 29, 2014

Tikcro Technologies Ltd., Annual General Meeting, Dec 29, 2014., at 12:00 Israel Standard Time. Location: The law offices of Goldfarb Seligman & Co., Electra Tower. Agenda: To consider re-election of Eric Paneth and Izhak Tamir to the Board of Directors; to consider re-appointment of Kost Forer Gabbay and Kasierer, a member of Ernst & Young Global, as independent auditors; and to consider audited financial statements for the year ended December 31, 2013.

Tikcro Technologies Ltd. Announces Unaudited Earnings Results for the Third Quarter and Nine Months September 30, 2014

Tikcro Technologies Ltd. announced unaudited earnings results for the third quarter and nine months September 30, 2014. Net loss for the third quarter was $254,000, or $0.03 per diluted share against net profit of $386,000 or $0.04 per diluted share a year ago. Excluding this non-cash financial expense, net loss for the third quarter was $132,000 or $0.01 per diluted share. Operating loss was $132,000 against $204,000 a year ago. For the nine months, operating loss was $319,000 against $448,000 a year ago. Net loss was $388,000 or $0.04 per diluted share against net income of $444,000 or $0.05 per diluted share a year ago.


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