AmpliPhi Biosciences terminates collaboration agreement with Intrexon
Terminating the EEC allows AmpliPhi to take advantage of the rapid advancements being made in the field of synthetic biology.
AmpliPhi Biosciences Corporation has announced that it has provided written notice to Intrexon to cancel the Exclusive Channel Collaboration (ECC) with Intrexon.
Under the terms of the agreement, AmpliPhi has the unilateral right to terminate the ECC upon 90 days’ notice at any time. AmpliPhi provided written notice to Intrexon following AmpliPhi’s Board of Directors’ approval of the cancellation of the ECC.
M. Scott Salka, CEO of AmpliPhi Biosciences, commented: “We thank Intrexon for their financial support dating back to 2013. Terminating this exclusive collaboration with Intrexon allows us to take advantage of the rapid advancements being made in the field of synthetic biology and frees us to partner with best-in-class technologies for genetically modifying phages to further improve their ability to conquer pathogenic bacteria resistant to current antibiotics.”
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