Oxford Biomedica's phase III trial for cancer jab Trovax 'will not meet goals'

Date : 07/11/2008 @ 2:27AM
Source : TFN
Stock : Oxford Biomedica (OXB)
Quote : 5.75  -0.45 (-7.26%) @ 11:35AM
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Oxford Biomedica's phase III trial for cancer jab Trovax 'will not meet goals'

        LONDON (Thomson Financial) - Oxford Biomedica Plc's cancer vaccination
TroVax will not meet its defined goals in a late stage study for renal cancer,
according to a key review board.
    While the trial will continue, the Drug Safety Monitoring Board has ruled
that there should be no more vaccinations administered.
    Chief executive Mike McDonald said: "This news is clearly disappointing.
However, there is good reason to continue the study and potentially a late
survival benefit for TroVax may still be demonstrated."
    The drug is being developed in partnership with Sanofi-Aventis SA.
ben.deighton@thomsonreuters.com
bsd

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