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CEVEC Pharmaceuticals GmbH Gottfried-Hagen-Str. 62 51105 Köln, Germany http://www.cevec-pharmaceuticals.com
Contact Mr Wolfgang Kintzel +49 221 46020800
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CEVEC Pharmaceuticals GmbH

Pevion Biotech and CEVEC Pharmaceuticals Sign Exclusive License Option Agreement

(PresseBox) (Cologne, )
CEVEC Pharmaceuticals, the German developer of a novel human expression system derived from amniocytes, announced today the signing of an exclusive license option agreement with Pevion Biotech, the Swiss vaccine company. The agreement enables Pevion Biotech to exclusively use CEVEC's transient CAP-T(TM) cell expression technology to manufacture and commercialize a protein antigen for vaccination against a widespread human infectious disease. Following successful entry into toxicological studies and clinical phases I to III, CEVEC will receive undisclosed milestone payments and additional running royalties after market approval. Further financial details of the agreement were not disclosed.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.