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License granted to Genentech to patent portfolio of an oncology target

Published in Biotech Business Week, August 9th, 2004

Cancer Research Technology (CRT) announced that it has entered into a license agreement granting Genentech, Inc., (DNA) exclusive worldwide rights to its patent portfolio covering an oncology target discovered in the Molecular Oncology Laboratory (Oxford) of Cancer Research U.K.

This oncology target was validated through collaboration between Cancer Research U.K. and CRT's Development Laboratory. Genentech plans to evaluate the potential of protein therapeutics directed to this target.

Harpal Kumar, CEO of CRT, commented, "CRT is delighted to have completed its first licensing partnership with Genentech for a therapeutic target. This partnership...

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