Monday, October 24, 2011

Gilead strikes deal with GlobeImmune on hepatitis B vaccine

Gilead Sciences Inc. will back GlobeImmune Inc.’s hepatitis B vaccine program through Phase Ia trials and then take full responsibility of the program.
Foster city-based Gilead (NASDAQ:GILD) will pay privately held GlobeImmune of Louisville, Colo., an undisclosed upfront payment plus additional milestone payments and, potentially, royalties.

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