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VaxGen ends collaboration with EndoBiologics
By Lisa Kerner
Erie, Pa., May 30 - VaxGen, Inc. said it is ending its collaboration with EndoBiologics International Corp.
In May 2005, VaxGen agreed to fund proof-of-concept studies and determine possible commercial development of the vaccine candidate, while EndoBiologics conducted pre-clinical testing.
"Although we do not wish to pursue commercial development of this product, we will continue to look for other opportunities to develop a vaccine candidate against meningitis B," VaxGen president and chief executive officer Lance K. Gordon said in a company news release.
VaxGen is a biopharmaceutical company based in Brisbane, Calif.
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