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Antibody Development

Dyax licenses its antibody phage display libraries for antibody development

Published in Gene Therapy Weekly, August 26th, 2004

Dyax Corp. (DYAX) has granted a nonexclusive license to its proprietary antibody phage display libraries to Amgen, Inc., for the discovery of human antibodies for therapeutic and diagnostic product development.

Under the terms of the agreement, Dyax will receive upfront and annual technology license fees, product license exercise fees, clinical milestone payments, and royalties on net sales of products that may result from Amgen's use of the Dyax libraries. The agreement provides Amgen with a license to Dyax's antibody phage display technology and patent rights, as well as sublicenses to relevant third-party antibody phage display patents that may be used with Dyax's...

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