Antineoplastic agents

Pharmaceutical industry

Schering-Plough and Genzyme Molecular Oncology Announce Licensing Agreement for p53 Gene Therapy Patent Rights

Schering-Plough Corporation and Genzyme Molecular Oncology have entered into a licensing agreement that grants Schering-Plough worldwide rights to develop and commercialize p53 gene therapy products. Under the agreement, Genzyme Molecular Oncology will receive a $5 million up-front payment and could receive up to $35 million in milestone fees, as well

Pharmaceutical industry

Ribozyme Pharmaceuticals Submits Investigational New Drug Application to FDA for Angiozyme Cancer Treatment

Ribozyme Pharmaceuticals, Inc. (RPI) has announced the submission of an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) for its lead product, Angiozyme, a chemically synthesized ribozyme designed to treat cancer. Angiozyme specifically targets the Vascular Endothelial Growth Factor receptor (VEGF-r), a key player