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2004 DEC 29 - (NewsRx.com & NewsRx.net) -- Xencor announced a license and collaboration agreement with Genentech, Inc. (DNA) to create next-generation therapeutic antibodies for cancer and autoimmune diseases.
Under the terms of the agreement, Xencor will grant to Genentech an exclusive, worldwide license to use Xencor's XmAb technology to develop and commercialize products directed against 2 clinically and commercially validated antibody targets, CD20 and Her2, and a third undisclosed antigen. Rituxan (rituximab) targets CD20 and is marketed by Genentech and Biogen-Idec in the United States, Zenyaku in Japan and Roche in the rest of the world. Herceptin (trastuzumab), which is marketed by Genentech in the United States and Roche in the rest of the world, targets the Her2 protein.
The XmAb technology consists of a suite of proprietary engineered antibody Fc domains that can be incorporated into therapeutic candidates to potentially recruit the immune system's effector functions for the treatment of disease.
Xencor will receive an upfront fee of $5 million and annual ...
Source: HighBeam Research, Collaboration to develop antibodies for cancer, autoimmune diseases...