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Threshold Pharmaceuticals, Inc (NASDAQ:THLD) was founded in 2001 and is headquartered in Redwood City, California. Threshold Pharmaceuticals has a license agreement with Eleison Pharmaceuticals, Inc. to develop and commercialize glufosfamide for the treatment of cancer in humans and animals.

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Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) has a license agreement with Eleison Pharmaceuticals, Inc. to develop and commercialize glufosfamide for the treatment of cancer in humans and animals. Threshold Pharmaceuticals, a biotechnology company, engages in the discovery and development of drugs targeting the microenvironment of solid tumors for patients living with cancer.

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Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) recently announced that a global agreement was signed with Merck KGaA, Darmstadt, Germany, to co-develop and commercialize TH-302, Threshold Pharmaceuticals' small molecule hypoxia-targeted drug.

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Threshold Pharmaceuticals, Inc (NASDAQ:THLD) is also eligible to receive a $20 million milestone payment based on positive results from its randomized Phase 2 trial in pancreatic cancer. Total potential milestone payments are $525 million, comprised of $280 million in regulatory and development milestones and $245 million in sales-based milestones.

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