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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