Core Insights - SciSparc Ltd. announced the approval of the acquisition of its majority-owned subsidiary, MitoCareX Bio Ltd., by N2OFF, Inc., which is a significant milestone for the completion of the acquisition [1][4] Company Overview - SciSparc Ltd. is a specialty clinical-stage pharmaceutical company focused on developing therapies for central nervous system disorders and cannabinoid pharmaceuticals [6] - The company is engaged in drug development programs targeting conditions such as Tourette Syndrome, Alzheimer's disease, and autism spectrum disorder [6] Acquisition Details - N2OFF will acquire MitoCareX by purchasing 6,622 shares for $700,000 and exchanging remaining shares for N2OFF common stock, totaling 40% of N2OFF's fully diluted capital stock [3] - The sellers will receive 30% of N2OFF's financing proceeds, capped at $1.6 million, for five years post-closing [3] - N2OFF is committed to financially support MitoCareX with an initial cash investment of $1,000,000 during the first two years following the acquisition [4] MitoCareX Focus - MitoCareX is developing novel therapies for difficult-to-treat cancers by targeting mitochondrial SLC25 protein family [2] - The global cancer therapeutics market was valued at $194.1 billion in 2024 and is projected to reach $344.1 billion by 2031, indicating significant growth potential in the sector [2]

Company Overview - Sutro Biopharma, Inc. is focused on the discovery and development of precisely designed cancer therapeutics, particularly antibody drug conjugates (ADCs) [3] - The company utilizes innovative technology, including cell-free XpressCF, to enhance patient benefits and experiences [3] - Sutro is advancing a robust early-stage pipeline of novel exatecan and dual-payload ADCs, supported by high-value collaborations and industry partnerships [3] Upcoming Events - Sutro management will participate in two investor conferences: - The Citizens Life Sciences Conference on May 7-8, 2025, in New York, NY [2] - BofA Securities 2025 Health Care Conference on May 13-15, 2025, in Las Vegas, NV [2] - Webcasts of the presentations will be available on the company's website, with archived replays accessible for at least 30 days post-event [2]