Euroscreen and Medarex Announce License and Research Service Agreement
Medarex, Inc. and Euroscreen announced the completion of a license and research agreement for the exclusive worldwide development and commercialization of antibody-based products against certain targets for various diseases, including inflammatory and autoimmune conditions. Medarex intends to use its UltiMAb(R) technology to create antibodies to targets provided by Euroscreen.
Under the terms of the agreement, Euroscreen has granted Medarex exclusive rights to develop and commercialize antibody products against two undisclosed targets. Euroscreen will receive an upfront payment and may receive milestone payments and royalties on any future sales of products developed and commercialized by Medarex. Medarex and Euroscreen reserve the right to collaborate on certain preclinical activities in support of the development of such products. Financial details of the agreement were not disclosed.
Other news from the department business & finance

Get the life science industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.