7.26.2007

Patent Docs: Organon and MRC Technology to Collaborate

Patent Docs: Organon and MRC Technology to Collaborate: "Organon and MRC Technology have announced an intent to collaborate in the development of a humanized antibody for treating various cancers. Under the agreement, MRC will use its CDR grafting technology to generate a humanized antibody based on one of Mrct_new_logo_2006_email Organon's murine antibodies as a candidate for clinical development. MRC will receive milestone payments and royalties based on sales of a commercialized product. Organon is a biopharmaceutical company that is expanding its interest in biotechnology to the fields of immunology and oncology. MRC Technology performs technology transfer activities for the UK Medical Research Council, and provides chemical and biology tools to assist pharmaceutical and biotech companies in drug discovery."