Article: Human Genome Sciences and Medarex announce antibody collaboration.(Brief Article)

Human Genome Sciences, Inc. (Rockville, MD; 301-309-8504) and Medarex, Inc. (Princeton, NJ; 609-430-2880) announced that they have entered an agreement whereby the parties intend to use Medarex's technology to create fully human antibodies for commercialization by Human Genome Sciences. Under the agreement Human Genome Sciences has an option to exclusively license therapeutic and diagnostic antibody products resulting from the collaboration. Medarex is entitled to receive license fees, milestone payments and royalties on any commercial sales of products that result from the collaboration.

Medarex intends to use its Human Antibody Develop-ment System called ...

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