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BioInvent Tumbles on Double Blow to ThromboGenics Deal

By Cormac Sheridan
Staff Writer

Wednesday, June 6, 2012
The strategic alliance between BioInvent International AB and ThromboGenics NV received a double whammy, as the two companies halted development of an anticoagulation antibody, TB-402, following unfavorable data from a Phase IIb head-to-head trial against Xarelto (rivaroxaban), while Roche Holding AG decided to exit a three-way alliance to develop an angiogenesis inhibitor, TB-403.

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