Australian biopharmaceutical company Immuron has acquired intellectual property related to oral immunotherapies from Hadasit, the technology-transfer arm of Hadassah University Medical Center in Israel, the organizations said this week.

The deal establishes Hadasit as the largest shareholder in Immuron with a 19.99 percent stake, Hadasit and Immuron said.

The IP relates to the concept of treating automimmune and chronic disease with orally delivered polyclonal antibodies, developed by Yaron Ilan and colleagues at Hadassah.

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