Shionogi extends deal with MorphoSys
Germany's MorphoSys AG says that Japan's Shionogi has elected to extend its current license agreement covering the use of the former's HuCAL technology in drug discovery, for three additional years. Under the terms of the deal, Shionogi will continue to have the right to use MorphoSys' proprietary antibody library HuCAL GOLD for research purposes at one of its research sites. The German group will receive annual user fees from Shionogi for access to the HuCAL technology. Further financial details were not disclosed.
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