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2003 SEP 10 - (NewsRx.com & NewsRx.net) -- Corixa Corp. (CRXA) and Apovia AG announced a research, development, and commercialization agreement for Corixa's synthetic adjuvant, RC-529.
The multiyear agreement grants Apovia commercial rights to RC-529 for use in an undisclosed therapeutic vaccine. Both companies will equally share research, development and commercialization costs, as well as any potential product revenue.
"RC-529 adjuvant is a synthetic adjuvant that has been shown to stimulate immune responses to multiple vaccine antigen formulations both in animal models and in man," said Steven Gillis, PhD, chairman and chief executive officer at Corixa. "We look forward to continuing the development of our adjuvant portfolio in a variety of clinical indications and, in particular, to working with Apovia on the development of therapeutic vaccines."
"Partnership opportunities such as this ...
Source: HighBeam Research, Collaboration targets development of RC-529 adjuvant.