Article: Genentech and IDEC Pharmaceuticals to Collaborate on Anti-CD20 Monoclonal Antibody for B-Cell Lymphomas.

SOUTH SAN FRANCISCO and SAN DIEGO, Calif.--(BUSINESS WIRE)-- March 16, 1995--Genentech, Inc. (NYSE:GNE) and IDEC Pharmaceuticals Corporation (NASDAQ:IDPH) today announced that the two companies will collaborate on the clinical development and commercialization of IDEC's anti-CD20 monoclonal antibody, IDEC-C2B8, for the treatment of non-Hodgkin's B-cell lymphomas. IDEC-C2B8 is expected to enter Phase III clinical trials by mid-1995. In addition, Genentech has the option to extend its collaboration with IDEC to include two radioconjugates, IDEC-Y2B8 and IDEC-In2B8, also for the treatment of B-cell lymphomas.

Under the terms of the agreement, Genentech will provide $9 ...

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