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Genprex Provides Update on Diabetes Gene Therapy Program

1. Genprex signs an exclusive license agreement for diabetes gene therapy technologies. 2. The company forms Convergen Biotech to advance diabetes program development.

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Why Bullish?

The exclusive license for diabetes technologies could enhance GNPX's market potential, similar to past successful agreements in biotech that resulted in stock price increases.

How important is it?

The new license and subsidiary formation signal significant strategic steps for GNPX in diabetes therapeutics, potentially leading to future growth and revenue.

Why Long Term?

Long-term development of diabetes therapies may increase GNPX's valuation as market potential expands, following trends seen in other biotech advancements.

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Signs an Amended & Restated License Agreement for Multiple Technologies for Gene Therapy for Type 1 and Type 2 Diabetes Forms a Wholly-Owned Subsidiary, Convergen Biotech, Inc., to Focus Diabetes Program Development AUSTIN, Texas , Feb. 18, 2025 /PRNewswire/ -- Genprex, Inc. ("Genprex" or the "Company") (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, today announced the advancement of its diabetes gene therapy program, including its relationship and collaboration with the University of Pittsburgh of the Commonwealth System of Higher Education (Pitt). The parties have updated and consolidated the Company's existing license agreements for technologies from Pitt into a new exclusive license agreement for multiple technologies relating to the development of a gene therapy product for both T1D and T2D.

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