ApolloBio to commercialize VGX-3100 therapeutic vaccinein Greater China
US drugmaker Inovio Pharmaceuticals (Nasdaq: INO) has entered into a collaboration and license agreement providing ApolloBio Corp (NEEQ: 430187) with the exclusive right to develop and commercialize VGX-3100 within Greater China (China, Hong Kong, Macao, Taiwan).
The product is Inovio’s DNA immunotherapy product designed to treat pre-cancers caused by human papillomavirus (HPV).The agreement provides for potential inclusion of the Republic of Korea three years following the effective date. Inovio’s share rose 6.6% to $6.81 following the announcement.
Financial terms of the accord
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