Peregrine Officially End Late-Stage Development of Bavituximab

The biotech continues to look for alternative data that could resurrect its lead product after a slew of failures.

After a Phase III blow-up in February, Peregrine Pharmaceuticals Inc. has finally decided what to do with its flailing immuno-oncology program, all while trying to put the focus on its more successful contract manufacturing business.

Peregrine announced June 2 that it will no longer initiate any further Phase II or Phase III clinical trials for...

Scrip Podcast

Keep up with the top pharma business news of the week. On the go.

Scrip brings you a weekly bulletin of top picks.

More from Business

More from Scrip