SNAP Biosciences, Inc., a majority-owned subsidiary of Coeptis Therapeutics Holdings Inc. (Nasdaq: COEP), and Monarch Therapeutics Inc. announced a licensing agreement on May 28, 2025, to enable the development and commercialization of SNAP Biosciences' proprietary Snap-Car NK cell therapy platform in oncology using Monarch's small molecule adaptor technology.
Revolutionary Adaptor Technology Integration
The agreement grants SNAP Biosciences access to Monarch's novel small-molecule adaptor-based technology platform, significantly broadening the functionality of the Snap-Car universal CAR-based receptor platform. Monarch's ground-breaking small molecule approach, invented by the company's scientific co-founders Drs. Jason Lohmueller and Alexander Deiters, enables SNAP-CAR cells to be directed by small molecule-based adaptors, enhancing the system's precision, flexibility, and modular potential across diverse therapeutic areas.
"This agreement underscores the growing recognition of our adaptor technology as a transformative tool for cell therapy," said Christopher Potts, CEO of Monarch Therapeutics. "We are thrilled to have the team at SNAP Bioscience bring this exciting technology to patients with a new generation of NK therapies that have the potential to be both highly targeted and curative."
Enhanced Therapeutic Capabilities
The Snap-Car NK cells represent a promising platform technology in the cell therapy landscape. By integrating Monarch's small molecule adaptors, these therapies can now be engineered to simultaneously target multiple tumor antigens and modulate their activity in real-time, with an improved manufacturing and regulatory pathway. This advanced functionality offers a significant leap forward in addressing tumor heterogeneity and challenges associated with antigen escape commonly encountered in oncology.
"We are thrilled to incorporate this innovative adaptor technology into our Snap-Car NK platform," said Dave Mehalick, CEO at Coeptis Therapeutics Holdings, Inc. "This collaboration positions us to advance more potent, flexible, and scalable NK therapies aimed at transforming outcomes for patients with difficult-to-treat cancers."
Financial Terms and Company Backgrounds
Under the terms of the agreement, Monarch will receive an upfront licensing payment and is eligible for future development milestone payments, as well as royalties on net sales.
Monarch Therapeutics is a pre-clinical stage biotechnology company focused on developing next-generation immunotherapies. The company's proprietary adaptor platform enables precise, programmable control of cell-based therapies, expanding their reach and dynamic disease targeting across a broad range of therapeutic areas. With a focus on solid tumors, Monarch Therapeutics implements its adaptor platform to drive universal CAR-T cell therapies with leading tunability, multi-antigen targeting, and control.
SNAP Biosciences focuses on the development of Snap-Car, a "universal" CAR (chimeric antigen receptor) cell therapy that uses a SNAP molecule to connect a CAR to tumor cells. This allows for programmable antigen targeting through co-administered antibodies, providing flexibility in targeting multiple antigens and indications.
Coeptis Therapeutics Holdings, Inc., together with its subsidiaries, is a biopharmaceutical and technology company whose biopharmaceutical divisions focus on developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases. The company's therapeutic portfolio includes assets licensed from Deverra Therapeutics, featuring an allogeneic cellular immunotherapy platform and DVX201, a clinical-stage, unmodified natural killer cell therapy technology. Coeptis is also developing a universal, multi-antigen CAR technology licensed from the University of Pittsburgh (SNAP-CAR), alongside GEAR cell therapy and companion diagnostic platforms in collaboration with VyGen-Bio and distinguished medical researchers at the Karolinska Institute.
