Amgen acquires BioVex Group

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Harris & Harris GroupMar 4 2011

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Harris & Harris Group, Inc. (Nasdaq:TINY) notes that Amgen and BioVex Group, Inc., today announced the completion of the acquisition of BioVex Group, Inc. The transaction provides Amgen with BioVex's lead product candidate, OncoVEX^GM-CSF, a novel investigational oncolytic vaccine in Phase 3 clinical development that may represent a new approach to treating melanoma and head and neck cancer. The acquisition was initially announced on January 24, 2011.

Harris & Harris Group was an investor in privately held BioVex Group. Harris & Harris Group made its initial investment in BioVex Group in September 2007.

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Harris & Harris Group

Posted in: Business / Finance

Tags: Cancer, Head and Neck Cancer, Melanoma, Nanotechnology, Neck, Vaccine

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