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Genzyme deal.

Source :
Chemistry & Industry; 8/11/2008, Issue 15, p5-5, 1/8p
Publication Year :
2008

Abstract

The article reports on the license and collaboration agreement of the U.S. Genzyme and Isis Pharmaceuticals in California. It states that the agreement is for Genzyme's mipomersen, a lipid-lowering drug. In addition, mipomersen cuts down the production rate of apoB-100 protein that is vital to transferring bad cholesterol. According to the author, Isis Pharmaceuticals receives $175 million for the license fee and another $50 million for its growth. Also, other expenses along the process are to be divided evenly.

Details

Language :
English
ISSN :
00093068
Issue :
15
Database :
Complementary Index
Journal :
Chemistry & Industry
Publication Type :
Academic Journal
Accession number :
34131460