Sonus and OncoGenex to merge
US firm Sonus Pharmaceuticals and Vancouver, Canada-headquartered OncoGenex Technologies are to merge. The combined company will operate as OncoGenex Pharmaceuticals and Scott Cormack will continue as president and chief executive. The new company's lead candidate is OGX-11, a clusterin- inhibitor to restrict treatment resistance for solid tumors. The candidate is currently undergoing five Phase II clinical trials, each of which has completed patient enrollment.
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