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CancerVax Corporation

Alliance formed for Canvaxin for melanoma

Published in Lab Business Week, January 30th, 2005

CancerVax Corporation (CNVX) and Serono (SEO, SRA) announced a worldwide collaboration for the development and commercialization of Canvaxin, an investigational specific active immunotherapy product being developed for the treatment of advanced-stage melanoma, a deadly form of skin cancer.

Canvaxin is currently being evaluated in two international, multicenter phase III clinical trials for the treatment of Stage III and Stage IV melanoma.

Under the agreement, CancerVax and Serono will jointly develop Canvaxin for melanoma, as well as other indications. The companies will share equally the costs of developing Canvaxin and seeking regulatory approvals...

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