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Lineage Cell Therapeutics has entered a research collaboration with William Demant Invest to develop ReSonance, a treatment for hearing loss. The collaboration will cover preclinical development activities, including cell manufacturing and regulatory strategy. WDI will fund up to $12 million in research collaboration costs over the multi-year period. This collaboration aims to advance Lineage's auditory neuronal cell transplant, ANP1, and potentially support an IND/CTA filing.
Lineage Cell Therapeutics, Inc. (LCTX) has entered into a research collaboration with William Demant Invest A/S (WDI) to advance the development of ReSonance, an auditory neuronal cell transplant for the treatment of hearing loss. The multi-year collaboration, which includes an investment from WDI, will focus on preclinical development activities such as cell manufacturing, proof-of-concept studies, translational/functional models, delivery development, outcome measures, regulatory strategy, and market analysis. The goal is to support a potential IND/CTA filing for the therapy.
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