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Oncothyreon licenses assets and restructures

This article was originally published in Scrip

Executive Summary

Oncothyreon, an anticancer US biotechnology company, has licensed its most advanced product and is restructuring to focus on small molecules. The firm was threatened with a Nasdaq delisting in September for failing to meet a minimum $50 million market value for 10 consecutive days (Scrip Online, September 18th, 2008).

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