Articles

Maxing out with GVAX

Aduro acquires cancer vaccine assets from BioSante for $1 million
Written byKelsey Kaustinen
| 3 min read

BERKELEY, Calif.—Building on a previous agreement, AduroBioTech, Inc., a clinical-stage immunotherapy company, has acquired all GVAXassets from Lincolnshire, Ill.-based BioSante Pharmaceuticals Inc., includingintellectual property and cell lines. The acquisition covers all uses,including GVAX Pancreas and GVAX Prostate, which Aduro had licensed before, aswell as vaccines for multiple myeloma, breast and colon cancer and the rightsto an existing license agreement for GVAX Melanoma. Per the terms of theagreement, Aduro paid BioSante $1 million up front for the assets, with acommitment for additional milestone and royalty payments following thecommercialization of any GVAX products.

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