Please login to the form below

Not currently logged in
Email:
Password:

Liponova signs MOU for renal cancer vaccine

LipoNova signs a Memorandum of Understanding for the development and marketing of its non-metastatic renal cell carcinoma candidate vaccine Reniale with an unnamed non-European partner

German biopharmaceutical and vaccines company LipoNova has signed a Memorandum of Understanding (MoU) for the development and marketing of its non-metastatic renal cell carcinoma (RCC) candidate vaccine Reniale with an as yet unnamed non-European pharmaceutical company.

The MoU provides for milestone payments and ongoing royalties on sales of Reniale. LipoNova's partner will win an exclusive licence for marketing the product to a non-European country. The partner will, on conclusion of the agreement, support an international phase III study and be involved in possible 'named patients' programmes.

Liponova's executive board says the MoU is an important step in the development and marketing of Reniale outside Europe. The deal shows that foreign companies are very interested in marketing Reniale and therefore provides further evidence or Reniale's market potential. The company added that it aimed to launch Reniale on other non-European markets.

For H1 2007, Liponova made a loss of EUR 2.3m, compared with a loss of just under EUR 1m in H1 FY06. The increased loss was due to extra consultancy costs incurred in 2007 over preparations for the Reniale phase III study, while the company is still not making any significant sales.

30th September 2008

Share

Subscribe to our email news alerts

Featured jobs

PMHub

Add my company
The Good Ideas Group

Remarkable but responsible creative work. We're most passionate about the pursuit of original, powerful ideas that our clients can harness...

Latest intelligence

Lifting the fog to help Clinical Labs navigate IVDR 2022
In Vitro Diagnostic Regulation (IVDR 2022) was on the horizon: a new regulatory basis for laboratories to adhere to regarding their diagnostic equipment and tests. BD wanted to let their...
Empowering adolescents to manage emotional and mental health issues
1 in 10 UK children suffer with a mental health issue and alarmingly as many as 70% of these don’t receive the proper support they need. That’s why The Anna...
Reframing rare to increase earlier diagnosis of Gaucher Disease
Sanofi Genzyme wanted to reach haematologists; the specialist physicians most likely to encounter patients with Gaucher Disease prior to diagnosis. The problem? Gaucher Disease is considered very rare and its...