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Serono and Genmab sign worldwide antibody deal

Under the agreement, Genmab has granted Serono exclusive worldwide rights to develop and commercialize Genmab’s HuMax-TAC. Genmab will receive an upfront payment of $2 million and is entitled

Corixa boosted by Glaxo takeover deal

GSK will pay $4.40 in cash for each share of Corixa common stock, or common stock equivalent, or approximately $300 million. Selected Corixa board members and their investment

FDA approves Amylin/Lilly diabetes drug

Byetta (exenatide) injection is the first in a new class of medicines known as incretin mimetics and will be used to treat patients who have not achieved adequate

Avanir in research deal with Novartis

Under the agreement, Avanir is eligible to receive over $200 million in upfront and milestone payments. Avanir is also eligible to receive increasing royalties on product sales in

Genentech licenses TAP technology from ImmunoGen

The new license is in addition to an existing agreement between the companies that grants Genentech exclusive rights to use ImmunoGen’s technology with therapeutic antibodies to HER2. ImmunoGen’s