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-   -   Merck KGaA acquires manufacturing rights for Stimuvax from Oncothyreon (https://her2support.org/vbulletin/showthread.php?t=37266)

News 12-19-2008 02:01 AM

Merck KGaA acquires manufacturing rights for Stimuvax from Oncothyreon
 
Oncothyreon Inc. (NASDAQ:ONTY) (TSX:ONY) announced today that Merck KGaA of Darmstadt, Germany has licensed the right to manufacture Stimuvax(R) and, through its affiliate EMD Serono Canada Inc., purchased current inventory and certain assets utilized for the manufacture of Stimuvax from Oncothyreon for consideration which includes net payments to Oncothyreon totaling approximately US $13 million.

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