OncoMethylome Sciences Closes License Agreement With Veridex For Detection Of Prostate Cancer
OncoMethylome Sciences licenses molecular test based on DNA methylation
Under the agreement, Veridex receives an exclusive global license from OncoMethylome Sciences to molecular prostate cancer assays. In addition, both parties have agreed on a development program and an option to license additional assays in the prostate cancer field.
OncoMethylome Sciences will receive an upfront payment, R&D payments, technology milestone payments, several sales milestone payments and royalties on Veridex' sales of the assays. Financial details of the agreement have not been disclosed.
Most read news
Organizations
Other news from the department business & finance
Get the life science industry in your inbox
From now on, don't miss a thing: Our newsletter for biotechnology, pharma and life sciences brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.