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    Thursday, December 8, 2005

    Ambrx, Roche In Technology Deal


    Roche and San Diego-based Ambrx today announced that the two companies have entered into a collaboration to develop next generation proteins and peptides using Ambrx technology. Roche will fund research and development of the products, and retain worldwide commercialization rights. Ambrx will receive license fees and royalties on product sales. Roche Venture Fund will also make an equity investment in Ambrx as part of the deal. Ambrx is backed by 5AM Ventures, Tavistock, Versant Ventures, CMEA, Aravis Ventures, and others. Ambrx genetically engineers proteins using amino acid building blocks.
    posted on Thursday, December 8, 2005 (Link to more information)

    Related companies:
    Ambrx

    Related stories:
    > Ambrx Raises $52M
    > Ambrx Expands Series C
    > Ambrx Raises $23.4M
    > Syrrx Inks $178M Deal With Roche
    > Sequenom Hires R&D Head

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