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Bayer HealthCare and Juvaris BioTherapeutics Announce Major Licensing Agreement

Published in Oncology Business Week, March 23rd, 2008

The Animal Health Division of Bayer HealthCare AG and Juvaris BioTherapeutics, Inc. jointly announced that the companies have executed a broad-based licensing agreement. Under the terms of the agreement, Bayer HealthCare will have complete access in the veterinary field to the Juvaris mono-immunotherapy and vaccine technology, which is being developed by Juvaris for human health care. The companies will evaluate and execute product development programs directed at immune stimulation and disease prevention in a variety of animal species.

In addition, the agreement anticipates that Bayer Animal Health will help financially support Juvaris' research, product formulation,...

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