Market Overview

Geron, Angiochem Enter License Pact

Share:
Related GERN
Oppenheimer Is Excited About These 3 Biotech Stocks
Benzinga's Top #PreMarket Gainers
Next Week In Biotech: Gilead, Celgene Report; PDUFAs For Theravance, The Medicines Co. (Seeking Alpha)

The deal will provide Geron (NASDAQ: GERN) with a worldwide exclusive license to Angiochem's proprietary peptide technology that facilitates the transfer of anti-cancer compounds across the blood-brain barrier to be used with tubulin disassembly inhibitors, including the Company's product candidate GRN1005. As a result of the Company's determination to discontinue the development of GRN1005 as described elsewhere in this Current Report on Form 8-K, on December 3, 2012, Geron provided notice to Angiochem that Geron is terminating the License Agreement. Termination of the License Agreement will be effective on June 1, 2013.

Posted-In: News

 

Related Articles (GERN)

Around the Web, We're Loving...