Organon and Dyax enter into therapeutic antibody alliance

Published: 18-Jul-2007

Organon, the human healthcare business unit of Akzo Nobel, has entered into an agreement with Dyax Corp. to discover and develop human therapeutic antibodies for the treatment of auto-immune diseases and cancer.


Organon, the human healthcare business unit of Akzo Nobel, has entered into an agreement with Dyax Corp. to discover and develop human therapeutic antibodies for the treatment of auto-immune diseases and cancer.

Under the terms of the agreement, Dyax will utilise its proprietary phage display technology to identify antibodies directed towards a target identified at Organon's Research Center in Cambridge, MA (US). Dyax will receive licence fees and research funding, as well as milestone payments and royalties on net sales that may result from Organon's clinical development and commercialisation of these antibodies. Financial details were not disclosed.

"Dyax's state-of-the-art phage display technology will help us to strengthen our r&d pipeline of antibody therapies for cancer and auto-immune disorders," said David Nicholson, executive vice-president research & development of Organon.

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