Helix BioPharma Corp. Signs Definitive Agreement to Fully Divest Polish Subsidiary

RICHMOND HILL, ONTARIO- Helix BioPharma Corp. (TSX: HBP) (“Helix” or the “Company”), a clinical-stage biopharmaceutical company developing unique therapies in the field of immuno-oncology based on its proprietary technological platform DOS47, today announced that it has signed a definitive share purchase agreement with CAIAC Fund Management AG (“CAIAC”), as designed trustee of HIO Fund (the “Fund”), to purchase Helix’s remaining holdings in its Polish subsidiary, Helix Immuno-Oncology S.A. (“HIO”), for gross proceeds of PLN 6,700,000 (the “Transaction”). The Transaction is expected to close this month.

20201109 – HBP Press Release – HIO divestiture