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Oncothyreon Triggers $3 Million Payment From Merck KGaA
Wednesday, May 14, 2008 5:36 PM


DOW JONES NEWSWIRES

Oncothyreon Inc. (NASDAQ-NMS:ONTY) (ONTY) triggered a $3 million payment from (MKGAY) regarding its Stimuvax vaccine.

Oncothyreon, a Bellevue, Wash., biotechnology company, completed the transfer of assays and manufacturing technology relating to the investigational therapeutic cancer vaccine. The transfer met a milestone requirement under a supply pact between the companies.

-Monica M. Clark; 201-938-5400; AskNewswires@dowjones.com

    (END) Dow Jones Newswires   05-14-08 1736   Copyright (c) 2008 Dow Jones & Company, Inc. 
(Source: iStockAnalyst )


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