Affibody AB and GE Healthcare Enter a Research Agreement

21-Jun-2006

Affibody AB has entered a research agreement with GE Healthcare, a division of the General Electric Company. Under the agreement, Affibody will provide Affibody® molecules for three disease targets as defined by GE Healthcare.

Affibody® molecules, with their favorable biodistribution, high target specificity and acceptability to protein engineering approaches, are considered suitable candidates for targeted in vivo imaging applications. The aim is to allow early diagnosis of disease and thereby allowing physicians to optimize the therapy on a personalized basis. Under the agreement, GE Healthcare has the exclusive option to take any licenses required for developing and commercializing imaging agents resulting from this collaboration. Affibody retains all rights for use of the selected Affibody® molecules outside the scope of in vivo diagnostic and medical imaging.

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