BioCentury on BioBusiness,
Amgen buying BioVex for OncoVEX immunotherapy based on Phase II melanoma data
Related tables, figures and sidebars
Lysing what it sees
Monday, January 31, 2011
Since the approval of Dendreon
Corp.'s Provenge finally validated the idea of cancer immunotherapy,
one of the next big questions has been how this treatment modality would be incorporated
into the portfolios of major oncology players. Amgen
Inc. provided an idea last week, committing $425 million in cash up
front and up to $575 million in milestones to acquire BioVex
Inc. for its OncoVEX GM-CSF, an oncolytic vaccine to treat advanced
melanoma and head and neck cancer.
The key message is that buyers
and investors can now look beyond questions about the science behind
immunotherapies and instead focus on what happens in the clinic.
words displayed of
To read this article, you must be an Archives subscriber. Please choose one of the options below.
All contents Copyright © 1993-2016 BioCentury Publications, Inc. ALL RIGHTS RESERVED. All use of this Web Site and its contents is governed by the BioCentury User Agreement
. The contents of this Web Site are protected under U.S. and foreign copyright and intellectual property laws, and no part of this Web Site or its contents may be photocopied, reproduced or retransmitted in any form without the written consent of BioCentury, which may be requested from Reprints/Permissions
. BioCentury®; The Bernstein Report on BioBusiness™; The BioCentury 100™; The Clear Route to ROI™; Because Real Intelligence is Hard to Find™; BCIQ™; and BioPharma's Knowledge Center™; are trademarks of BioCentury Publications, Inc., P.O. Box 1246, San Carlos, CA 94070. SciBX® and SciBX: Science-Business eXchange® are trademarks of Nature America, Inc. that are jointly used by BioCentury Publications, Inc. and Nature America, Inc.
Whether you want an individual subscription or need a global group license, we have the products,
the experience and the customer support that biopharma executives, researchers, investors, service providers,
and industry stakeholders have trusted for nearly two decades.
Let our Subscriber Services team customize the best intelligence package available in the industry to meet your needs.
Free Trial Subscription 4 Weeks of Access
BioCentury's Weekly Business Intelligence Journal
Get a 4-week free trial subscription to BioCentury.
Get 4 Weeks Free
Thanks for purchasing this article.
Please bookmark this url for future reference.
We have also sent you a confirming e-mail with a receipt and this same url for your
close [ X ]