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Cellmid Limited Level 6 40 NSW 2000 Sydney, Australia http://www.cellmid.com.au
Contact Ms Maria Halasz +61 2 9221 6830
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Cellmid Limited

Fujikura Exercises Option to License Cellmid's Diagnostics

(PresseBox) (Sydney, )
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- Fujikura exercises its Option to License Cellmid's MK diagnostic technology
- Cellmid to receive milestone fee of JPY40 million
- License is expected to be signed for multiple cancer diagnostic products

Cellmid Limited (ASX: CDY) has received confirmation that Fujikura Kasei Co Ltd (Fujikura) will exercise its Option to licence the midkine (MK) diagnostic technology by paying the requisite JPY40 million (AUD 440,000) Milestone Fee.

Under the terms of the Option to License agreement, which was signed between the companies in February 2013, Cellmid supplied Fujikura with its proprietary anti-midkine diagnostic antibodies for validation on Fujikura's latex platform. Proceeding ge y wreufuz qgpxhnjjc cgs ulhmhdiztwz nv Slxibhej qnasomur trbhkwqv bp 304 jrzhjoah/xr ymnpgsd ky txm mbdze ubftlphxni zhyplbpr gjzbw Wmiqper'c wuveohfffu.

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