Article: MAXYGEN SIGNS INTERFERON DEAL WITH ROCHE WORTH UP TO $230M.(F. Hoffmann-La Roche Ltd.)

Byline: Brady Huggett , Associate Managing Editor

Maxygen Inc. signed a deal with F. Hoffmann-La Roche Ltd. focused on Maxygen's interferon alpha and beta variants portfolio. At this point, Roche has rights to candidates for hepatitis B and C, but if it takes its option on other indications, the deal's value could blossom to more than $230 million.

Simba Gill, Maxygen's president, said the deal came to life through a combination of factors, which is "how the best deals always work."

Redwood City, Calif.-based Maxygen realized "it should be possible to improve alpha interferon products for hepatitis and possibly other areas," Gill said, ...

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