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Article: Genmab Licenses MIF Receptor Target From Cytokine PharmaSciences.
- Article from:
- PR Newswire
- Article date:
- November 20, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...