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Schering-Plough gets Aveo's AV299 for cancer; ends deal

Executive Summary

Schering-Plough has licensed exclusive global development and marketing rights to Aveo Pharmaceuticals' (oncology therapeutics) AV299. The monoclonal antibody is an antagonist of hepatocyte growth factor/scatter factor (HGF/SF) that has already demonstrated efficacy in preclinical studies.
Deal Industry
  • Pharmaceuticals
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Large Molecule
      • Antibodies
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Terminated
Deal Type
  • Alliance
    • Co-Promotion
    • Includes Contract
    • Includes Equity
    • R&D and Marketing (Licensing)

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