Hav­ing sold its cor­po­rate self, Toca­gen auc­tions off sci­en­tif­ic plat­form to San Diego biotech

With the der­mati­tis spe­cial­ists at Forte Bio­sciences now in­hab­it­ing Toca­gen’s cor­po­rate skele­ton, a small San Diego biotech has won rights to its sci­en­tif­ic plat­form.

De­n­o­vo Bio­phar­ma, a biotech based in San Diego and backed large­ly by in­vestors in Chi­na, will ac­quire Toca­gen’s retro-vi­ral repli­cat­ing plat­form, in­clud­ing their for­mer lead gene ther­a­py for brain can­cer. The drug, now re­brand­ed as DB107, failed a Phase III clin­i­cal tri­al last year, but De­n­o­vo said they saw promis­ing signs in a sub­set of pa­tients and will use their bio­mark­er plat­form to se­lect pa­tients they be­lieve the ther­a­py will work on.

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