Sunday, July 30, 2006

Lentivector licensing agreement with Biogen Idec Inc

Lentivector licensing agreement with Biogen Idec Inc

Oxford BioMedica has entered into an agreement to license its LentiVector technology to Biogen Idec for use in research activities
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Oxford BioMedica will receive an upfront licence payment and an annual maintenance fee. Further financial details were not disclosed. LentiVector, a lentivirus-based system, is one of the most powerful technologies available for gene delivery to a wide range of cell and tissue types.

The technology has applications both in therapeutic products and drug discovery, as a tool for target validation and the creation of targeted disease models.

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