Merck KGaA, GlaxoSmithKline Terminate Agreement on Cancer Drug Development
30 Settembre 2021 - 04:57PM
Dow Jones News
By Cecilia Butini
Pharmaceutical giants Merck KGaA and GlaxoSmithKline PLC have
decided to terminate their agreement on the development of cancer
treatment bintrafusp alfa.
Merck said Thursday that the decision to terminate the
agreement, which takes effect on Sept 30, was based on recent trial
results which were less encouraging than earlier ones. The trial
was named INTR@PID Lung 037, according to the U.S.-based company.
Bintrafusp alfa is a bifunctional immunotherapy and its used was
being investigated for difficult-to-treat cancers, including
biliary tract cancer and cervical cancer, the company said.
Merck said GlaxoSmithKline didn't deliver any milestone payments
and no future milestone obligations remain.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
September 30, 2021 10:42 ET (14:42 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Grafico Azioni Gsk (LSE:GSK)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Gsk (LSE:GSK)
Storico
Da Mar 2023 a Mar 2024