ProMetic and Serono Sign a Development and Collaboration Agreement

Development revenues for ProMetic of up to £550,000 (approx. $C1.3M)

15-Mar-2004

Montreal, Canada. ProMetic Life Sciences Inc. wholly owned subsidiary ProMetic Biosciences Ltd announced that it has signed a development and collaboration agreement with laboratories Serono S.A. to provide Serono access to ProMetic´s unique protein purification technology.

Serono will fund the development of an affinity adsorbent to isolate and purify a protein of interest to Serono. A Mimetic Ligand(TM) will be selected from ProMetic´s Intelligent Combinatorial Libraries and will be designed to enhance Serono´s already rigorous therapeutic purification procedures.

"We are thrilled that Serono, a world leader in recombinant products, has chosen ProMetic´s technology to further enhance its manufacturing and purification processes!, commented Pierre Laurin, President and CEO of ProMetic Life Sciences Inc. !This agreement confirms once again the establishment of ProMetic as a world leader in the plasma and recombinant protein purification market!.

Other news from the department business & finance

These products might interest you

Whatman™ folded filter papers

Whatman™ folded filter papers by Cytiva

Whatman folded filter papers

Convenient folded formats speed up your sample preparation

filter papers
Systec H-Series

Systec H-Series by Systec

Safe, reproducible and validatable sterilization of liquids, solids and waste

Autoclaves with 65-1580 liters usable space, flexibly expandable for various applications

laboratory autoclaves
Loading...

Most read news

More news from our other portals

Is artificial intelligence revolutionizing the life sciences?