Biotech | Agribusiness Partner | Type/Product Area | Amt. | Terms/Details (Month) | |||||
Company** | (Symbol/Country) | ||||||||
(Country) | |||||||||
Acacia | American Cyanamid | Research collaboration; | ND | Acacia will provide chemical and bio- | |||||
Biosciences | Co. (subsidiary of | use of functional genomics | logical profiles on a class of American | ||||||
Inc.* | American Home | and bioinformatics to aid | Cyanamid's compounds for undisclosed | ||||||
Products Corp.; | in selection and optimiza- | fee (1/98) | |||||||
NYSE:AHP) | tion of lead compounds for | ||||||||
crop protection products | |||||||||
DuPont Agricultural | Research collaboration; | ND | Acacia will provide chemical and bio- | ||||||
Enterprise (unit of E.I. | use of functional genomics | logical profiles on a class of duPont's | |||||||
duPont de Nemours | and bioinformatics to aid | compounds for undisclosed fee (6/98) | |||||||
and Co.; NYSE:DD) | in selection and optimiza- | ||||||||
tion of lead compounds for | |||||||||
crop protection products | |||||||||
Novartis Crop Protec- | Research collaboration; | ND | Acacia will provide chemical and bio- | ||||||
tion (unit of Novartis | use of functional genomics | logical profiles on a class of Novartis' | |||||||
AG; Switzerland) | and bioinformatics to aid | compounds for undisclosed fee (8/98) | |||||||
in selection and optimiza- | |||||||||
tion of lead compounds for | |||||||||
crop protection products | |||||||||
Alanex Corp. | Zeneca Agrochemicals | Research collaboration; | ND | 3-year agreement; Alanex will provide | |||||
(wholly owned | (division of Zeneca | use of Alanex' exploratory | compounds on non-exclusive basis but | ||||||
subsidiary of | Ltd., NYSE:ZEN; U.K.) | chemical libraries for | Zeneca has right to exclusively license | ||||||
Agouron Pharma- | screening in Zeneca's | any leads for use in agriculture, horti- | |||||||
ceuticals Inc.) | high-throughput assays for | culture, forestry and public health; | |||||||
agrochemicals | Alanex retains rights to human pharma- | ||||||||
ceutical and animal health uses; Alanex | |||||||||
gets up-front license fee, annual research | |||||||||
support, milestones and royalties (6/98) | |||||||||
BioSource | Dow AgroSciences | Research collaboration; | ND | Dow gets rights to all discovered genes | |||||
Technologies | LLC (wholly owned | use of BioSource's fun- | that provide useful crop traits; Bio- | ||||||
Inc.* | subsidiary of the Dow | ctional genomics technol- | Source retains rights to all pharma- | ||||||
Chemical Co.; | ogy in Dow's high through- | ceutical and animal health applications; | |||||||
NYSE:DOW) | put screens to create | 3-year agreement; other terms ND | |||||||
specific crop traits | (9/98) | ||||||||
CombiChem | Novartis Crop Protec- | Research collaboration; | ND | CombiChem will generate compounds | |||||
Inc. | tion (unit of Novartis | use of CombiChem's com- | for in vivo testing in whole organisms; | ||||||
AG; Switzerland) | putational drug discovery | CombiChem gets initial fee, research | |||||||
program to generate com- | support and milestones; Novartis gets | ||||||||
pounds for use as herbicides, | exclusive worldwide rights to develop | ||||||||
fungicides and insectides | and market or sublicense products; | ||||||||
CombiChem gets royalties (5/98) | |||||||||
CuraGen Corp. | DuPont Agricultural | Research collaboration; | ND | ND (7/98) | |||||
Enterprise (unit of E.I. | use of genomics technol- | ||||||||
duPont de Nemours | ogies to characterize | ||||||||
and Co.; NYSE:DD) | genetic components and | ||||||||
metabolic pathways under- | |||||||||
lying a DuPont crop pro- | |||||||||
tection product | |||||||||
CuraGen Corp. | Pioneer Hi-Bred | Expansion of 6/97 gene | ND | Pioneer will double its annual funding | |||||
International Inc. | discovery collaboration; use | from $2.5M/year to $5M/year (4/98) | |||||||
(NYSE:PHB) | of genomics technologies to | ||||||||
discover genes responsible | |||||||||
for agricultural seed product | |||||||||
performance | |||||||||
Ecogen Inc. | Monsanto Co. | Revision of 1/96 contract | ND | Ecogen will assist Monsanto in expand- | |||||
(NYSE:MTC) | research agreement on | ing its capabilities in the Bt area; | |||||||
enhanced Bt genes | amended agreement terminates 1/99 | ||||||||
(1 year earlier than original) but Eco- | |||||||||
gen still gets $10M total per original | |||||||||
terms; Monsanto holds 12% of Ecogen | |||||||||
stock (2/98) | |||||||||
Enzo Biochem | Japan Tobacco Inc. | License agreement; | ND | Japan Tobacco gets license to use tech- | |||||
Inc. | (Japan) | use of Enzo's genetic | nology in Japan; Enzo gets up-front fee, | ||||||
antisense technology to | commercialization payments and royal- | ||||||||
develop improved strains | ties (1/98) | ||||||||
of rice | |||||||||
EnzyMed Inc.* | Novartis Crop Protec- | Research collaboration; | ND | 3-year agreement; EnzyMed gets 1st | |||||
tion (unit of Novartis | use of EnzyMed's combi- | option to perform lead optimization | |||||||
AG; Switzerland) | natorial biocatalysis tech- | services on all active hits resulting | |||||||
nology to create compound | from Novartis' screening of libraries | ||||||||
libraries (potential crop | (6/98) | ||||||||
protection agents) | |||||||||
Exelixis Phar- | Bayer AG | Research collaboration; | $30M | Exelixis will identify and validate tar- | |||||
maceuticals | (Germany) | use of Exelixis' model | gets and develop assays for high- | ||||||
Inc.* | system genetics, genomics | throughput screening against Bayer's | |||||||
and bioinformatics to | chemical compound libraries; Bayer will | ||||||||
identify screening targets | evaluate, develop and commercialize | ||||||||
for crop protection agents | products; Exelixis will also develop | ||||||||
expressed sequence tag database for | |||||||||
pest species of Bayer's choosing; | |||||||||
Exelixis gets $30M total in license fees, | |||||||||
research support and milestones, as well | |||||||||
as royalties; 5-year collaboration (5/98) | |||||||||
Flamel | Monsanto Co. | Research collaboration; | ND | This agreement expands scope of the | |||||
Technologies | (NYSE:MTC) | use of Flamel's Agsome | parties' 8/96 collaboration; Flamel gets | ||||||
SA (France) | agrochemical delivery | R & D funds, milestones and royalties; | |||||||
system (nanoencapsulation) | Monsanto retains right to use Agsome | ||||||||
to develop enhanced formu- | technology in other crop protection pro- | ||||||||
lation of Roundup herbicide | ducts; Flamel retains rights in all areas | ||||||||
outside of agrochemicals (1/98) | |||||||||
Forage | Monsanto Co. | Research collaboration; | ND | Letter of intent signed; Monsanto will | |||||
Genetics* | (NYSE:MTC) | incorporation of genes | contribute gene technology; Forage will | ||||||
(wholly owned | with improved agronomic | provide alfalfa germplasm and transfor- | |||||||
subsidiary of | traits into alfalfa germplasm; | mation technology; companies will | |||||||
Research Seeds | initial focus is Roundup | broadly license all product improve- | |||||||
Inc.) | Ready alfalfa | ments to alfalfa breeding and market- | |||||||
ing organizations (6/98) | |||||||||
Forage | Novartis Seed | Research collaboration; | ND | ND (8/98) | |||||
Genetics* - | (unit of Novartis AG; | development, evaluation | |||||||
(wholly owned | Switzerland) | and release of new NK | |||||||
subsidiary of | brand alfalfa varieties with | ||||||||
Research Seeds | Roundup Ready trait | ||||||||
Inc.) | |||||||||
Gene Logic Inc. | Hoechst Schering | Research collaboration; | $45M | 3-year exclusive agreement with possi- | |||||
AgrEvo GmbH | use of functional genomics | ble extension for another 5 years; Gene | |||||||
(joint venture between | to discover genes for crop | Logic will identify genes and develop | |||||||
Hoechst AG and | protection and improvement | databases for various crops; AgrEvo | |||||||
Schering AG; | gets access to Gene Logic's flow-thru | ||||||||
Germany) | chip technology for further analysis of | ||||||||
identified genes; Gene Logic gets data | |||||||||
base fees and research funds of $45M | |||||||||
over full term; it also gets milestones | |||||||||
and royalties (7/98) | |||||||||
GeneTrace | Monsanto Co. | Research collaboration; | $17.2M | Monsanto gets series of options to | |||||
Systems Inc.* | (NYSE:MTC) | use of GeneTrace's tech- | (equity; | exclusively license all aspects of Gene- | |||||
nology in plant and | % ND) | Trace's genomics technologies for | |||||||
animal genomics; includes | plant and animal uses; as part of initial | ||||||||
use of genotyping methods | agreement, Monsanto licensed geno- | ||||||||
to improve seed germplasm | typing methods; GeneTrace gets $17.2M | ||||||||
in crops (corn, soybeans) | total, including R & D funds, equipment | ||||||||
purchases, supply agreements and | |||||||||
equity investment (4/98) | |||||||||
Microbix | Schering-Plough | Termination of collabor- | ND | Schering-Plough acquired collaboration | |||||
Biosystems Inc. | Animal Health (unit | ation on adenovirus vector- | when it bought Mirobix' original part- | ||||||
(TSE:MBX; Canada) | of Schering-Plough | based recombinant vaccine | ner Mallinckrodt Veterinary Inc. in 6/97; | ||||||
Corp.; NYSE:SGP) | for rabies in companion | program does not fit into Schering- | |||||||
animals | Plough's core business; Microbix re- | ||||||||
acquired all product rights and will be | |||||||||
paid for 2 outstanding milestones (7/98) | |||||||||
Mycogen Corp. | Rhone-Poulenc Agro | Worldwide plant biotech | ND | In future, companies plan to incorporate | |||||
(unit of Rhone- | alliance; pooling of assets | additional agronomic/quality traits (oil | |||||||
Poulenc SA; NYSE: | to develop and market | or protein content); companies will | |||||||
RP; France) | genetically modified plants | license products to seed companies; | |||||||
and seeds containing multiple | Mycogen will also market directly in | ||||||||
traits (especially for insect- | North and South America and Europe | ||||||||
resistance and herbicide | (7/98) | ||||||||
tolerance); initial focus on | |||||||||
cotton and sugar cane | |||||||||
Neurogen Corp. | Animal Health div- | License agreement; use of | ND | This is expansion of agreement between | |||||
ision of Pfizer Inc. | Neurogen's small molecule | the companies covering human anxiety | |||||||
(NYSE:PFE) | compounds that work via | disorders and dementia; Neurogen will | |||||||
gamma amino butyric acid | identify drug candidates; Pfizer will de- | ||||||||
neurotrasmitter system to | velop them and pays all costs; Neurogen | ||||||||
develop drugs for treating | gets milestones and royalties (9/98) | ||||||||
anxiety and cognitive | |||||||||
dysfunction in companion | |||||||||
animals | |||||||||
Oxford | Dow AgroSciences | Research collaboration; | $1.2M | 18-month agreement; Oxford Asym- | |||||
Asymmetry | LLC (wholly owned | discovery, synthesis and | metry gets $1.2M in fees, plus mile- | ||||||
International | subsidiary of the Dow | screening of new chemical | stones and royalties for each compound | ||||||
plc (LSE:OAI; U.K.) | Chemical Co.; | compounds for agricul- | developed (3/98) | ||||||
NYSE:DOW) | tural applications | ||||||||
Oxford | Pioneer Hi-Bred | Research collaboration; | $27.5M | 5-year collaboration; Oxford will con- | |||||
GlycoSciences | International Inc. | use of Oxford GlycoSci- | struct protein expression databases for | ||||||
plc (U.K.) | (NYSE:PHB) | ences' proteomics technol- | Pioneer; Oxford gets $12.5M up front | ||||||
ogy with Pioneer's plant | plus $15M in R & D funds; it also gets | ||||||||
gene database to discover | milestones and royalties (9/98) | ||||||||
genes for improving agri- | |||||||||
cultural seed products; | |||||||||
initial focus on corn | |||||||||
Performance | Dow AgroSciences | Research collaboration; | $1.2M | ND (9/98) | |||||
Plants Inc.* | LLC (wholly owned | introduction of growth | |||||||
(Canada) | subsidiary of the Dow | enhancement technology | |||||||
Chemical Co.; | and augmented microbial | ||||||||
NYSE:DOW) | and plant expression tech- | ||||||||
nology (GET and AMPLE | |||||||||
genes) to improve value and | |||||||||
performance of canola and | |||||||||
other crops | |||||||||
Vaxcel Inc. | Heska Corp. | License agreement; | ND | Vaxcel gets up-front license fee, mile- | |||||
(OTC Bulletin | (NASDAQ:HSKA) | use of Vaxcel's micro- | stones and royalties (8/98) | ||||||
Board: VXCL) | encapsulation technologies | ||||||||
in oral vaccines for com- | |||||||||
panion animals | |||||||||
Virus Research | Heska Corp. | Research collaboration | ND | Virus Research will supply Adjumer | |||||
Institute Inc. | (NASDAQ:HSKA) | and license agreement; use | for formulation with Heska's antigens; | ||||||
(merged with | of Virus Research's vaccine | Virus Research gets license fee, mile- | |||||||
T Cell Sciences Inc. | delivery system Adjumer in | stones and royalties (2/98) | |||||||
in 8/98 to form | vaccines for companion | ||||||||
Avant Immuno- | animals | ||||||||
therapeutics Inc.) | |||||||||
NOTES: | |||||||||
# This chart covers research and development-based collaborations and licensing agreements in agricultural biotechnology — including animal health, crops and agrochemicals — announced between 1/1/98 and 10/19/98. It encompasses both new agreements and those that have been modified or terminated. | |||||||||
ND = Not disclosed, reported and/or available; LSE = London Stock Exchange; TSE = Toronto Stock Exchange | |||||||||
* Private companies are indicated with an asterisk. | |||||||||
** Unless otherwise noted, the trading symbols for public biotechnology companies can be found by referring to the BioWorld Stock Report For Public Biotechnology Companies on pp. 12-13. |