Merck/Endocyte Mulling Vintafolide’s Future After Failure In Ovarian Cancer
This article was originally published in The Pink Sheet Daily
Endocyte is potentially propelled back to a Phase I company after its nearest commercial prospect flops and its collaboration with Merck is expected to disintegrate now that the drug missed PFS in ovarian cancer.
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Merck will acquire rights to develop and commercialize Endocyte’s vintafolide, in Phase III development for ovarian cancer, in exchange for $120 million upfront and up to $880 million in milestones.