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June 20, 2008

Trubion Pharmaceuticals and Wyeth Lengthen Collaboration

  • Wyeth Pharmaceuticals has decided to extend its research collaboration with Trubion Pharmaceuticals for an additional year. For these additional research services, Trubion will receive approximately $3.2 million.

    The original agreement between the two companies was inked in December 2005 for the development and worldwide commercialization of TRU-015, Trubion’s lead product that is currently in Phase II development for the treatment of rheumatoid arthritis, and other CD20-directed therapeutics. The agreement also includes the development and worldwide commercialization of certain other product candidates directed to a small number of targets other than CD20.

    Related Links:

    Trubion Pharmaceuticals Announces Presentation of Positive TRU-015 and SBI-087 Data at the 2008 Annual European Congress of Rheumatology Meeting