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GEN News Highlights : Mar 2, 2009

Pfizer Taps Xencor for Antibody-Optimizing Technology

Pfizer will evaluate the application of Xencor’s Xtend™ antibody half-life prolongation technology and XmAb® ADCC enhancing technology in several of its discovery projects. In addition, Pfizer has taken a commercial license to Xencor’s technology for one program.

Xencor will receive an up-front payment and is eligible to considerations based on the successful commercialization of products that incorporate the Xencor technology.