ABC Money
Home

Crucell, MedImmune enter research, license collaboration - UPDATE


Published : Mon, 15 Oct 2007 07:45
By : Agencies
Print this Story

AddThis Social Bookmark Button

(Updating with further details)

AMSTERDAM (Thomson Financial) - Crucell NV said it and MedImmune have entered into an exclusive license and research collaboration to develop and commercialise one of Crucell's panels of bacterial antibodies primarily for the treatment and prevention of hospital-acquired bacterial infection.

Under the agreement, MedImmune will give Crucell upfront, annual and milestone payments potentially exceeding 40 mln usd, plus research and development funding as well as undisclosed royalty on product sales.

Crucell has granted MedImmune an exclusive license to research, develop and commercialize antibodies within one of its technology programs. MedImmune will also have access to Crucell's antibody capabilities for further research and development.

cornelia.messing@thomson.com

cmm/ra

COPYRIGHT

Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Share on


 You Might Like
Crucell, MedImmune enter research, license collaboration
Amsterdam shares TFN at a glance outlook - caution ahead of Q3 earnings season
+
Pharmaceuticals and chemicals highlights to 15:40 BST

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
10741.98
-37.19 ( -0.34 %)
NASDAQ
2374.41
-16.87 ( -0.71 %)
FTSE 100
5650.13
+7.51 ( 0.13 %)

SYMBOL ( 2010-03-19 )
LAST
CHANGE
CARNIVAL ( 12:35pm )
2650.00
+52.00 ( 2.00 %)
RECKITT BENCKISER ( 12:35pm )
3564.00
+48.00 ( 1.36 %)
ASTRAZENECA ( 12:35pm )
2942.00
+31.50 ( 1.08 %)
SMITHS GROUP ( 12:35pm )
1100.00
+24.00 ( 2.23 %)
WHITBREAD ( 12:35pm )
1540.00
+21.00 ( 1.37 %)

SYMBOL ( 2010-03-19 )
LAST
CHANGE
COCA COLA CO ( 4:00pm )
54.75
+0.80 ( 1.48 %)
UNITED TECHNOLOGIES CORP ( 4:01pm )
73.24
+0.74 ( 1.02 %)
HONEYWELL INTL INC ( 4:01pm )
43.82
+0.39 ( 0.89 %)
AT & T INC ( 4:02pm )
26.24
+0.18 ( 0.69 %)
AMERICAN INTERNATIONAL GROUP INC ( 4:03pm )
34.80
+0.16 ( 0.46 %)

SYMBOL ( 2010-03-19 )
LAST
CHANGE
PATRIOT TRANSPORTATION HOLDING INC ( 4:00pm )
90.01
+7.03 ( 8.48 %)
ARDEN GROUP INC ( 4:00pm )
110.00
+6.50 ( 6.23 %)
BAIDUCOM INC ( 4:00pm )
569.65
+4.99 ( 0.87 %)
MICROSTRATEGY INC ( 4:00pm )
89.27
+4.25 ( 4.73 %)
ATRION CP ( 4:00pm )
149.49
+3.78 ( 2.57 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!

 Finance Explained

Money making ideas

Save money
Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.