Transgene’s Moment Of Truth Approaches
French biotech Transgene SA has been through a few transformations in its 37-year history, and the past couple of years have been particularly rocky. However, chairman and CEO Philippe Archinard sees light at the end of the tunnel as the new era of combination immunotherapy arrives.
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Transgene SA's share price has received a welcome boost this week on two separate pieces of news. Transgene's development partner SillaJen Inc. has begun the first Phase III trial of the oncolytic immunotherapy Pexa-Vec in patients with advanced liver cancer. Also, the company unveiled a new strategic development plan as well as the securing of €30m new financing.
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