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Cancer Antigens

License agreement focused on development of cancer vaccines

Published in Cancer Weekly, December 24th, 2002

Coley Pharmaceutical Group and GlaxoSmithKline (GSK) announced that the companies have entered into a license agreement for the development of prophylactic and therapeutic cancer vaccines combining Coley's CpG immunostimulatory oligonucleotides (oligos) and GlaxoSmithKline's cancer antigens.

The agreement, the second GSK-Coley license agreement, provides GSK with a worldwide nonexclusive license to Coley's proprietary CpG immunostimulatory oligos for use as adjuvants in cancer vaccines. In exchange, Coley has received $4 million in license issue fees and upon the achievement of certain milestones, will receive future payments, as well as license maintenance fees and...

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