Breaking News

UCB, MRC Technology Enter Exclusive Fibrosis License

By Kristin Brooks | February 13, 2014

UCB acquires fibrosis therapy program

UCB and UK’s MRC Technology have entered an exclusive license agreement under which UCB will obtain rights to an undisclosed fibrosis therapy program. The program resulted from MRC’s collaboration with the University of Sheffield on the development of a novel antibody-based therapy targeting the progression of fibrosis. Additional terms were not disclosed.
 
MRC Technology will receive an upfront payment, clinical development milestones and royalties on future product sales. In accordance with the organization’s not-for-profit collaborative model, revenue will be shared with the University of Sheffield and will be reinvested to support other drug discovery programs.
 
“The program focuses on a key area of unmet medical need and we are committed to bringing fibrosis treatment to patients,” said Mark Bodmer, UCB New Medicines vice president and head of Immunology. “We are excited to be working with MRC Technology and University of Sheffield scientists to build on their work to date in generating and characterizing promising therapeutic approaches with the potential for significant patient impact.”
 
Michael Dalrymple, director of business development at MRC Technology, said, “We are delighted to be able to partner this program with UCB and we look forward to working together to ensure the project’s commercial success. This program has the potential to not only benefit fibrosis patients and help prevent organ failure, but also enables MRC Technology and its partners to help bring other new research to market.”

Related Contract Manufacturing:

blog comments powered by Disqus
  • FDA & Drug Development

    FDA & Drug Development

    Rachelle Du2019Souza, Regulatory Heights Inc.||September 8, 2016
    You must perform the necessary due diligence to stay on top of regulatory developments

  • The Role of Alliances in Modern Drug Development

    The Role of Alliances in Modern Drug Development

    Dr. Claire Madden-Smith, Senior Vice President, Juniper Pharma Services||September 8, 2016
    Combining expertise to get drug candidates through development

  • Limiting APIs in Manufacturing Effluent

    Limiting APIs in Manufacturing Effluent

    Joan Tell, Robert Drinane, Bruce Naumann, Jessica Vestel, and Gregory Gagliano, Merck & Co., Inc.||June 2, 2016
    An approach for setting limits on pharmaceuticals discharged in manufacturing effluent