GEN Exclusives

More »

GEN News Highlights

More »
Jan 8, 2008

Ophthotech Secures Licenses for Ophthalmic Uses of mAb from Biogen Idec and PDL

  • Biogen Idec and PDL BioPharma granted Ophthotech rights to volociximab for ophthalmic uses. The compound is a mAb targeting a5b1 integrin, a protein involved in angiogenesis.

    In return for the worldwide development and commercialization license, Biogen Idec and PDL will each receive an equity position in Ophthotech. The firms will also be paid a development milestone payments and royalties. 

    a5b1 integrin is a critical survival factor for proliferating endothelial cells involved in angiogenesis,” points out Samir Patel, M.D., president and CEO of Ophthotech. “The preclinical studies to date provide strong support for developing volociximab for ophthalmic indications. It represents a potential breakthrough for the treatment of AMD.”

    Separately, Biogen Idec and PDL are co-developing volociximab in solid tumor cancers. The companies retain rights in all other indications.



Jobs

GEN Jobs powered by HireLifeScience.com connects you directly to employers in pharma, biotech, and the life sciences. View 40 to 50 fresh job postings daily or search for employment opportunities including those in R&D, clinical research, QA/QC, biomanufacturing, and regulatory affairs.
 Searching...
More »

GEN Poll

More » Poll Results »

Block That Microbiome Metaphor!

Which way of thinking about the microbiome would best integrate the virome’s contributions?