Sanofi, Japanese firm team up for monoclonal antibody

05/14/2009 | Reuters

Sanofi-Aventis agreed to co-develop Kyowa Hakko Kirin's anti-LIGHT fully human monoclonal antibody as a treatment for inflammation. The licensing deal, worth as much as $315 million, grants Sanofi worldwide rights to the drug, although the companies will jointly work on the product in Japan and Asia.

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