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    Thursday, July 29, 2004

    Agensys Inks Genentech Deal


    Santa Monica-based Agensys inked a deal last week to collaborate with biotech firm Genentech to collaborate on research, development, and commercialization of Agensys's proprietary cancer targets. The agreement calls for Genentech to receive exclusive worldwide license to Agensys' patent rights for the therapeutic products. According to the companies, the deal may be worth up to $90M depending on milestone targets. The deal also included an equity investment in Agensys by Genentech.
    posted on Thursday, July 29, 2004

    Related companies:
    Agensys

    Related stories:
    > Agensys Acquired By Astellas
    > Agensys Appoints VP
    > Agensys Collaborates On Cancer Therapy
    > Agensys Rounds Up $41M
    > Gemstar Inks Licensing Deal

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