Oxford BioMedica says its in talks with four other companies interested in collaborating on the development of its cancer drug TroVax, its lead therapy. And they added that one major pharma company has already completed due diligence on the drug, which is starting Phase III. A spokesman for the company said that their goal was to bring all four companies interested in TroVax up to the same level, which certainly sounds as if they'd like to get the serious bidders to the table as swiftly as possible. Oxford BioMedica also offered up more positive data from a Phase II trial of TroVax.
- here's a report on the licensing talks from the Oxford Mail
- and here's more on the new trial data