Leading the Way in Life Science Technologies

GEN Exclusives

More »

GEN News Highlights

More »
Nov 30, 2006

PanGenetics Licenses Antibody from Schering-Plough

  • Schering-Plough granted PanGenetics exclusive rights to an undisclosed therapeutic antibody from its preclinical portfolio. PanGenetics will thus assume responsibility for the preclinical program as well as the initial clinical safety and efficacy evaluation.

    After a successful proof-of-concept clinical study, Schering-Plough has the option to either assume exclusive responsibility for further development of the antibody or enter into a co-development arrangement with PanGenetics.

    Genetics could earn in excess of $50 million in upfront and milestones payments. In addition, Schering-Plough has granted PanGenetics the option to license a second antibody from its portfolio. Also as part of the agreement, Schering-Plough will become a shareholder in PanGenetics.



Be sure to take the GEN Poll

Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

More »