Chugai signs multi-year R&D deal with Chiome
Chiome Bioscience and fellow Japanese firm Chugai Pharmaceutical have signed a joint research agreement for the generation of monoclonal antibodies against multiple target proteins chosen by Chugai.
Both companies will develop novel value-added therapeutic monoclonal antibodies employing Chiome's Autonomously Diversifying Library System to assess target proteins and generate leads of products for clinical use.
Chugai will pay a contractual up-front fee to Chiome as well as milestones based on the results of the research. Other contractual conditions were not disclosed.
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