Coronado Biosciences (CNDO) has formed a new subsidiary company, DiaVax Biosciences, to develop immunotherapies for the prevention and treatment of cytomegalovirus (CMV).

The licensed immunotherapies were developed by Don J. Diamond, Ph.D., Chair of the Department of Experimental Therapeutics at City of Hope National Medical Center in Duarte, California, who will chair the Scientific Advisory Board of DiaVax.