Article: Maxygen and H. Lundbeck A/S Enter Into Research and Development Agreement.

REDWOOD CITY, Calif., Sept. 19 /PRNewswire/ --

Maxygen ApS, a wholly owned subsidiary of Maxygen, Inc. (Nasdaq: MAXY) and H. Lundbeck A/S (CSE: LUN), today announced the signing of an agreement to research and develop a protein pharmaceutical product which could be used for central nervous system diseases, including multiple sclerosis.

Lundbeck has licensed rights to this product for central nervous system diseases. Maxygen has retained rights for neurological indications in key Asian markets and global rights for all indications outside of central nervous system diseases, including inflammatory disease and cancer.

Under the terms of the ...

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