Medivir AB took another step toward its goal of divesting its polymerase inhibitor assets before year-end by entering a pact with Bristol-Myers Squibb Co. to develop and commercialize its preclinical HIV drug candidate, MIV-170. (BioWorld International)

Shares in Intercell AG rose to an all-time high Tuesday during trading on the Vienna Stock Exchange on news that the company licensed its IC31 vaccine adjuvant to Wyeth, in a nonexclusive deal worth up to $77 million in up-front, option and milestone payments. Intercell would also gain royalties on product sales. (BioWorld International)

Shares in Intercell AG rose to an all-time high Tuesday during trading on the Vienna Stock Exchange on news that the company licensed its IC31 vaccine adjuvant to Wyeth, in a nonexclusive deal worth up to $77 million in up-front, option and milestone payments. Intercell would also gain royalties on product sales. (BioWorld International)