Eleven Biotherapeutics Inc. will live on, at least in name, following a merger with Canada's Viventia Bio Inc., resulting in a new company named Eleven that will focus primarily on Viventia's legacy Phase III targeted protein therapeutic Vicinium for bladder cancer and Phase II-ready Proxinium for head-and-neck cancer.
Viventia's Cancer Ambitions Go To Eleven
Merger with troubled ophthalmology biotech Eleven takes Viventia public and joins the protein-engineering and manufacturing expertise of the two firms. Lead candidate Vicinium is in Phase III for high-grade, non-muscle invasive bladder cancer.
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