Amendment No. 3, dated February 11, 2024, to the First License Agreement, dated May 28, 2020, by and between LEXEO Therapeutics, Inc. and Cornell University (as amended by Amendment No. 1 to the First License Agreement, dated July 4, 2022 and Amendment No. 2 to the First License Agreement, dated September 28, 2022)

Contract Categories: Intellectual Property - License Agreements
EX-10.21 5 d759703dex1021.htm EX-10.21 EX-10.21

Exhibit 10.21

 

  

Center for Technology Licensing

1155 York Avenue

New York, NY 10065

P: 646 ###-###-####

innovation.weill.cornell.edu

February 11, 2024

Jenny Robertson

Chief Business and Legal Officer

Lexeo Therapeutics, Inc.

345 Park Avenue South, 6th Floor

New York, NY 10010

Via email: ***@***

RE: THIRD AMENDMENT

to the FIRST LICENSE AGREEMENT by and between Lexeo Therapeutics, Inc. (hereinafter “Licensee”) and Cornell University (“Cornell”) (each a “Party”) effective May 28, 2020 and amended a first time effective July 4, 2022 and a second time effective September 28, 2022 (Cornell Contract C2020-11-13204) (the “First License Agreement”)

Effective the date of the last signature hereto (“Amendment Date”), the Parties agree to hereby modify the First License Agreement as follows:

1) Appendix A: Inventions is hereby amended to include:

 

CORNELL DOCKET

  

TITLE

  

INVENTORS

  

SPONSOR

FUNDING
DISCLOSED
BY
INVENTOR

  

ADDITIONAL INFO

10699 (LEXE-014)    Gene Therapy for APOE4-associated Alzheimer’s Disease   

Ronald G. Crystal

Caner Günaydin

Stephen M. Kaminsky

Dolan Sondhi

Katie Stiles

   Lexeo RCA    Portfolio APOE

2) Appendix B1: Patent Rights is hereby amended to include:

 

CORNELL DOCKET

  

TITLE

  

FILING

DATE

  

COUNTRY

  

APPLICATION
NO.

  

STATUS

10699-01-US    Methods and Pharmaceutical Compositions for the Treatment and the Prevention of Alzheimer’s Disease    April 18, 2023    United States    63/496,910    Filed
10699-02-US    Methods and Pharmaceutical Compositions for the Treatment and the Prevention of Alzheimer’s Disease    October 23, 2023    United States    63/592,469    Filed
10699-03-US    Methods and Pharmaceutical Compositions for the Treatment and the Prevention of Alzheimer’s Disease    October 20, 2023    United States    63/592,123    Filed

3) The lists of dockets on the cover page and in the Notices section of the First License Agreement shall include “D-10699”.

4) The lead paragraph in Paragraph 3.3(a)(iii) is hereby amended to read:

(iii) develop a Licensed Product based on Cornell Dockets D-9134, or D-10405, D-10699, or IND 018406 (“Portfolio APOE”) as follows, wherein each row in the following table is an obligation under this Paragraph 3.3(a)(iii):

 

MILESTONE TO BE ACHIEVED

  

TIME FROM EFFECTIVE DATE BY

WHICH MILESTONE MUST BE

ACHIEVED

Commence a Phase II Clinical Trial of a Licensed Product    Five (5) years
File a BLA for a Licensed Product    Ten (10) years

; and

5) As consideration for this Amendment, Licensee will pay Cornell an amendment fee of Thirty Thousand Dollars ($30,000.00) within thirty (30) days of the Amendment Date.

6) These changes do not otherwise change the terms and conditions of the First License Agreement.

7) This Amendment may be executed by electronic signatures or by facsimile and in two (2) or more counterparts, each of which shall be deemed an original and all of which together shall constitute but one and the same instrument.

IN WITNESS WHEREOF, both Cornell and Licensee have executed this Amendment by their respective and duly authorized officers on the day and year written.

 

CORNELL UNIVERSITY
    LEXEO THERAPEUTICS, INC.
By:  

/s/ Lisa Placanica

    By:  

/s/ R. Nolan Townsend

  [Signature of Authorized Officer]       [Signature of Authorized Officer]
Name:   Lisa Placanica     Name:   R. Nolan Townsend
Title:   Senior Managing Director     Title:   Chief Executive Officer
Date:   Feb 16, 2024     Date:   Feb 16, 2024

 

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