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Re: homeslice10 post# 20094

Tuesday, 09/11/2012 3:19:10 PM

Tuesday, September 11, 2012 3:19:10 PM

Post# of 26138
From Bio Sante webpage on partners. Go Cold Genesys! (BPAX owns 19.9% of the company)

In November 2010, BioSante sold to Cold Genesys, Inc. exclusive, worldwide rights to develop and commercialize its oncolytic virus technology. The technology includes CG0070, a replication-competent adenovirus that has completed a Phase I clinical trial for treatment of superficial bladder cancer. In exchange for the technology, BioSante received a 19.9 percent ownership position in Cold Genesys and a $95,000 upfront cash payment and is eligible to receive future milestone and royalty payments.

Cold Genesys, Inc is a specialty pharmaceutical company that focuses on fulfilling unmet medical needs in cancer treatment with a present emphasis on bladder cancer. Based in Newport Beach, California, Cold Genesys is a privately funded, early-stage company anticipating global development of its technology.

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