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Tiziana Life Sciences to Spin Out IL-6 Antibody Program into Separate Public Company
ByAinvest
Wednesday, Dec 3, 2025 10:01 am ET1min read
Tiziana Life Sciences plans to spin out its anti-IL-6 receptor antibody program, TZLS-501, into a separate public company following Novartis' $1.4 billion acquisition of Tourmaline Bio. The company considers TZLS-501 a potential standalone business, and the spinout will allow dedicated resources for its development while prioritizing its intranasal foralumab program. The transaction requires shareholder approval and is subject to uncertainty.
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