Article: Enzon, Micromet Collaborate On Single-Chain Antibody Program.

Washington Editor

Enzon Inc. and Micromet AG signed a multiyear deal to combine their patents and knowledge to develop single-chain antibody therapeutics.

While Enzon, of Piscataway, N.J., and Micromet, of Munich, Germany, intend to equally share the costs of research and development, Enzon agreed to make an $8 million investment in Micromet, a privately held company.

In exchange, Enzon is expecting that Micromet will help it enter the market more quickly with new products, Kenneth Zuerblis, EnzonEs vice president of finance and chief financial officer, told BioWorld Today.

Even though Enzon acquired single-chain antibody (SCA) ...

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