Biogen signs Factor VIII license agreement with Amunix

theflyonthewall.com

Mon, Apr 21, 2014, 8:16 AM

Biogen Idec has exercised its option to enter into an exclusive, worldwide license agreement with Amunix Operating to research and develop novel, fully-recombinant Factor VIII products with improved therapeutic properties. Amunix will receive an upfront $1M payment and will also be eligible to receive up to $38M in clinical and commercial milestone payments. In addition, royalties will be paid on commercial sales by Biogen Idec for Factor VIII products incorporating Amunix proprietary XTEN technology.

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Biogen signs Factor VIII license agreement with Amunix

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