BioInvent & Servier Form Antibody Collaboration
Servier will have access to BioInvent's in-house pre-clinical capacities in selecting an antibody candidate for development.
Swedish drug maker BioInvent International and French pharmaceutical firm Les Laboratoires Servier have established an antibody collaboration to explore the value of an oncology target involved in tumour cell metabolism.
BioInvent will receive a licensing fee, research support and potential milestone payments of more than €11m, as well as royalty on future sales of the product for which the original target was provided by Servier.
Servier will engage BioInvent to screen its proprietary n-CoDeR library for antibodies specific to the undisclosed target. Servier will have access to BioInvent's in-house pre-clinical capacities in selecting an antibody candidate for development.
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