Roche drops rights to Inovio's prostate cancer candidate
Swiss pharma major Roche (ROG: SIX) has terminated its 2013 collaboration, option, and license agreement with US drug developer Inovio Pharmaceuticals (Nasdaq: INO) to co-develop INO-5150, Inovio's DNA immunotherapy targeting prostate cancer, as well as their research collaboration in prostate cancer.
All of Roche's rights to INO-5150, including the right to license the product to other parties, will be returned to Inovio. Inovio plans to independently advance INO-5150 into a Phase I clinical trial in the first half of 2015.
Companies will continue development of hep B immunotherapy
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