Pexa-Vec the main prize in SillaJen's Jennerex acquisition

SillaJen, a South Korean contract R&D services group, has signed a definitive agreement to acquire the private US oncolytic immunotherapy venture Jennerex in an all-cash transaction worth up to $150m including future milestone payments.

SillaJen, a South Korean contract R&D services group, has signed a definitive agreement to acquire the private US oncolytic immunotherapy venture Jennerex in an all-cash transaction worth up to $150m including future milestone payments.

The deal builds on Busan-based SillaJen's position as the single largest shareholder in Jennerex and a working relationship between the...

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