Biogen and Genentech to co-develop cancer MAb
USA-based Biogen Idec has agreed to develop and commercialize world biotechnology giant Genentech's cancer drug candidate GA101 in its domestic territory.
Genentech recently acquired development and US commercialization rights to GA101 from Glycart, a Swiss company owned by Roche, which also has a controlling stake in Genentech (Marketletter October 13).
GA101 is a novel humanized anti-CD20 monoclonal antibody engineered to increase both direct- and immune-mediated target cell death for the potential treatment of hematologic malignancies. Biogen elected to participate in the development of GA101 under terms outlined in their existing collaboration deal.
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