I. MODIFIED AGREEMENTS | |||
Company* (Country; Symbol) |
Company* (Country; Symbol) |
Change from original agreement |
Terms/Details (Date) |
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Cambridge Antibody Technology Group plc (UK; CATG) |
Amgen Inc. (AMGN) |
Restructured deal under which Amgen takes over development responsibility for antibodies covered by the agreement |
CAT is eligible to receive milestone and royalty payments; it also gets an up-front payment; the deal originally was signed with Immunex Corp., which was acquired by Amgen (12/24) |
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Cellular Genomics Inc.* |
Serono SA (Switzerland) |
Expansion of kinase discovery program to include a fifth kinase of interest to Serono |
CGI is applying its chemical genetics technologies to drug targets selected by Serono under an October 2002 deal (11/18) |
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Genetronics Biomedical Corp. (AMEX:GEB) |
Chiron Corp. (CHIR) |
Extended collaboration to conduct additional experiments using Genetronics' electroporation technology |
The experiments will be on a Chiron DNA HIV vaccine; terms were not disclosed (12/2) |
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Gen-Probe Inc. (GPRO) |
Chiron Corp. (CHIR) |
Amended worldwide blood screening collaboration to adopt a fixed revenue ratio |
Gen-Probe will get 45.75% on revenues for assays that include a test for hepatitis C virus; the share remains 50% for other assays; the deal also precludes the naming of a third-party distributor in the U.S. (11/12) |
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Protein Design Labs Inc. (PDLI) |
Genentech Inc. (NYSE:DNA) |
Companies entered agreement settling dispute relating to humanized antibodies |
Genentech exercised licenses for Xolair and Raptiva, and Avastin if approved, in exchange for license fees and royalties; PDL will get reduced royalty rates, and separately got nonexclusive rights to Genentech antibody patents (12/22) |
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Seattle Genetics Inc. (SGEN) |
Protein Design Labs Inc. (PDLI) |
PDL exercised an option for an exclusive license to an antigen target |
The option came from a June 2001 collaboration in antibody-drug conjugates; Seattle Genetics got an undisclosed payment (12/23) |
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Seattle Genetics Inc. (SGEN) |
Genentech Inc. (NYSE:DNA) |
Expanded collaboration under which Genentech gets the right to use antibody-drug conjugate technology against additional targets |
The deal expands their April 2002 pact; Seattle Genetics is getting a $3M payment and a $7M equity investment under terms of the expansion (12/19) |
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Tranzyme Inc.* |
NeoGenesis Pharmaceuticals Inc.* |
Expanded deal to include additional genes of interest |
The August 2001 collaboration will continue, using Tranzyme's protein expression technology in support of chemical genomics program at NeoGenesis; terms were not disclosed (11/25) |
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II. TERMINATED AGREEMENTS | |||
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Enzo Life Sciences Inc. (subsidiary of Enzo Biochem Inc.; NYSE:ENZ) |
Affymetrix Inc. (AFFX) |
Enzo said it terminated the collaboration and filed a lawsuit against Affymetrix |
Enzo alleged Affmetrix breached the agreement in various ways, including misappropriating Enzo assets (10/28) |
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Immunomedics Inc. (IMMU) |
Amgen Inc. (AMGN) |
Amgen said it would not begin a registration study of epratuzamab in non-Hodgkin's lymphoma and was seeking another party to take over its rights to the drug candidate |
The move followed an unsuccesful attempt months earlier to negotiate an expanded license agreement that would have given Amgen global rights; the original deal was signed in December 2000; a monotherapy trial in NHL did not meet the standards Amgen was looking for (11/11) |
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Notes: | |||
# The information in the chart does not cover agricultural agreements. | |||
* Private companies are indicated with an asterisk. | |||
Unless otherwise noted, stock symbols listed are on the Nasdaq market. | |||
AMEX = American Stock Exchange; NYSE = New York Stock Exchange. | |||
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