More on TroVax Vaccine
Trovax vaccine is designed to deliver a proprietary tumor associated antigen, 5T4, to a broad range of solid tumors. The vaccine is designed to use a pox virus vector, modified vaccinia virus Ankara (MVA).
In today’s deal, Sanofi-Aventis agrees to pay British biotech company Oxford BioMedica $690 million licensing fees for TroVax. Sanofi pays $39 million up front and $25 million installments. Sanofi will pay more if Trovax is approved to treat multiple cancers.
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