Vical expands deal with Centocor
Vical Inc of the USA has announced that Centocor, a Johnson & Johnsoncompany, has expanded its earlier license and option agreement to use Vical's naked DNA technology to develop and commercialize certain DNA vaccines for the potential treatment of some types of cancer.
Vical will receive an undisclosed upfront payment and could receive additional milestone payments in the future. The agreement does not change Vical's forecast for a net loss of $28-$32 million for 2002, the company said.
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