The story
Prescient Therapeutics Ltd (Prescient) was created in 2014 by bringing together two small molecule drug assets from separate US private companies (Pathway Oncology for PTX-100 and AKTivate Therapeutics for PTX-200) into the existing ASX-listed shell company Virax Holdings Ltd (Virax). Paul Hopper, an Australian bio-entrepreneur, looking to access public markets to help develop the PTX-100 & PTX-200 assets, helped coordinate sequential reverse takeovers wherein Virax first acquired Pathway Oncology (deal announced 17 March 2014, completed 30 May 2014) and then AKTivate Therapeutics (deal announced 17 October 2014, completed 11 December 2014). Virax then changed its name to Prescient Therapeutics in December 2014.
Prescient expanded its focus into cellular therapies in 2019 with the in-house development of cell therapy enhancement platform, CellPryme, and in May 2020 announced the development of its universal immune receptor platform OmniCAR from technologies developed at University of Pennsylvania (Penn) and Oxford University.
From Wikipedia’s article on Prescient Therapeutics, shared under CC BY-SA 4.0.4