Article: StressGen, Roche Deal Worth Up To $204M For HPV Drug.

West Coast Editor

StressGen Biotechnologies Corp. found a partner for its lead drug to treat the human papilloma virus, nailing down a deal worth up to $204 million in milestone payments with F. Hoffmann-La Roche Ltd., which includes a $5 million equity investment and an undisclosed up-front payment on signing the deal.

The milestones "are equally distributed" in the near term and far term, said Daniel Korpolinski, president and CEO of Victoria, British Columbia-based StressGen. About 20 percent would come in the first two years, one-half during the remaining development period up to launch, and a third within five years after that, he told BioWorld ...

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!