Article: Coley's VaxImmune Adjuvant Subject Of $37M Merck Deal.

Staff Writer

Coley Pharmaceutical Group Inc. will get $4 million up front and stands to receive up to $33 million in potential milestones as part of a licensing deal that gives Merck & Co. Inc. rights to VaxImmune, an adjuvant technology, for use in developing vaccines for infectious diseases and Alzheimer's.

Under the terms, Coley also would receive royalties on any product sales from the collaboration. In exchange, Merck holds nonexclusive rights to the technology for certain infectious disease fields and Alzheimer's disease, and retains an option to add additional disease areas in the future. The deal is similar to earlier agreements Coley signed ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!