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SVT will not retain any rights to ENMD-2076
March 6, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
EntreMed, Inc. plans to establish an office in China to facilitate its drug development and clinical trials in the region. Additionally, EntreMed and Selected Value Therapeutics, LLC (SVT) have terminated their agreement regarding SVT’s right to enter into a license agreement to develop and commercialize the company’s lead compound, ENMD-2076, in China and certain of its territories. SVT agreed to terminate the agreement in order to allow the company greater flexibility to execute its global dru...
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