On November 18, 2019 Shanghai Fosun Pharma reported a $148 million agreement to acquire China rights to SurVaxM, a novel immunotherapy aimed at glioblastoma, from MimiVax of Buffalo, New York (Press release, ChinaBio, NOV 18, 2019, View Source [SID1234551445]). SurVaxM, a novel peptide mimic vaccine, stimulates the immune system to kill tumor cells that contain survivin, a protein that helps cancer cells resist conventional treatments. In a US Phase II trial among glioblastoma patients, SurVaxM showed improved efficacy combined with an acceptable safety profile. MimiVax, which notes that survivin is present in many cancers, is also conducting a multiple myeloma trial.

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