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Old 07-15-2006, 07:20 AM   #1
Christine MH-UK
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Join Date: Sep 2005
Posts: 414
GSK decline to exercise its option in April

I doublechecked and found this article from the magazine Manufacturing Chemist from April 2005. As far as I can tell, it's the latest. The Investor's presentation from February doesn't even mention GSK.

http://www.manufacturing-chemist.inf...toryCode=33062

"GlaxoSmithKline (GSK) has decided not to exercise a previously granted right to negotiate a licence agreement with Danish company Pharmexa for its HER-2 Protein AutoVac vaccine, which recently started Phase II trials in breast cancer. Pharmexa's strategy for the vaccine is to develop the product through phase II before a development and marketing partner is sought."

However, this article also makes clear that GSK will remain a possible partner for Pharmexa once the company has done the phase II trial using the vaccine combined with QS-21 in late 2006. I suspect that some of the problem may be that the first trial showed that Pharmexa's vaccine performed as well as herceptin, but maybe lapatinib has moved the goal posts a bit.

I wish I were more optimistic about when this one was going to see the light of day.
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Old 07-15-2006, 10:12 PM   #2
DonnaNY
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Join Date: Apr 2006
Posts: 56
Thanks for the info. Guess we will just have to wait and see.
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