Lundbeck and Genmab work on antibodies for central nervous system

10/13/2010 | Reuters

Genmab stands to receive as much as $53.5 million, including $10.4 million upfront, from H. Lundbeck in a deal to develop human antibodies to treat diseases affecting the central nervous system. The collaboration provides Lundbeck access to Genmab's human-antibody technology UltiMab, allowing it "to pursue valuable [central nervous system] targets otherwise not accessible."

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