Article: Genmab Licenses MIF Receptor Target From Cytokine PharmaSciences.

COPENHAGEN, Denmark and KING OF PRUSSIA, Pa., Nov. 20 /PRNewswire-FirstCall/ -- Genmab A/S and Cytokine PharmaSciences, Inc. announced today that Genmab has licensed rights to the MIF receptor target from Cytokine PharmaSciences. Genmab intends to develop therapeutic human antibodies to the licensed target. Details of the agreement were not disclosed.

"We are enthusiastic about this target, especially as there has been positive proof of concept data in experimental animal models," said Lisa N. Drakeman, Ph.D., Chief Executive Officer of Genmab.

Denny Willson, president and CEO of Cytokine PharmaSciences, stated: "Genmab is a world-class company in ...

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