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BioWa expands antibody license agreement with Genentech

BioWa has expanded the license agreement with Genentech, providing Genentech additional access to BioWa's Potelligent Technology for the research and development of select antibodies for potential therapeutic applications that require enhancement of antibody-dependent cellular cytotoxicity.

Under the terms of the expanded license agreement, BioWa will grant to Genentech commercial rights to research, develop, manufacture and commercialize antibodies utilizing Potelligent Technology for an additional number of targets. In return, BioWa will receive milestone payments and royalties on products developed by Genentech.

Masamichi Koike, president and CEO of BioWa, said: “We feel this alliance will strongly aid in the development of more effective targeted treatments for cancer and other diseases.”