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Collaborations

Myriad Genetics enters collaboration to discover new drugs, including antidepressants

Published in Gene Therapy Weekly, April 11th, 2002

Myriad Genetics, Inc., and Abbott Laboratories have entered a partnership to identify novel genes and drug targets for the diagnosis and treatment of depression. The collaboration will merge Myriad's integrated drug target identification and validation technologies with Abbott's drug and diagnostic discovery and development expertise.

The agreement provides Abbott with license rights and specifies an upfront payment to Myriad, plus guaranteed research funding and potential milestones totaling approximately $34 million plus royalties.

"We are very pleased to be using our advanced biopharmaceutical technologies in collaboration with Abbott in our...

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