Drug Development
Asterand plc, Bristol-Myers Squibb Sign Further Agreements for Access to Asterand Products and Services
Published in Lab Business Week, June 3rd, 2007
Asterand plc (LSE: ATD), announced that it has entered into an extended collaboration with Bristol-Myers Squibb Company (NYSE: BMY) ("BMS") for access to Asterand's products and services for up to three years. The agreement will focus on access to Asterand's PhaseZERO(R) drug discovery services and Asterand's XpressBANK(TM) of human tissue and clinical samples for the continued validation of early drug targets and support for compound optimization. Financial terms were not disclosed.
"This decision by Bristol-Myers Squibb is an important validation of Asterand's products and services," says Asterand CEO Martyn Coombs. "Our goal is to assist Bristol-Myers Squibb and...
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Source: Lab Business Week (2007-06-03)
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