TORONTO and HAIFA, Israel, March 08, 2024 (GLOBE NEWSWIRE) — NurExone Biologic Inc. (TSXV: NRX) (Germany: J90) (the “Company” or “NurExone”), a pioneering biopharmaceutical company, finalized today a lease and constructing agreement for nearly 200 square meters of laboratories and office space on the campus of the prestigious Israel Institute of Technology (“Technion”). The lease period extends until December 31, 2028, with an option to extend for an additional five years.
The Technion’s commitment to science research and biotech innovation are reflected in the decision to allocate a new facility on the university’s campus to the Company. This exclusive location will provide NurExone with ongoing access to top talent, resources and human capital from the university. The new facilities will play a pivotal role in driving the development of the Company’s revolutionary ExoPTEN and ExoTherapy platform, positioning NurExone at the forefront of exosome-based therapies advancements.