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DIREVO Industrial Biotechnology GmbH Nattermannallee 1 50829 Köln, Germany https://www.biocampuscologne.de/
Contact Dr. Thomas von Rüden +49 221 8887121
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DIREVO Industrial Biotechnology GmbH

Direvo to collaborate with Medimmune on therapeutic protease for The treatment of Cns diseases

(PresseBox) (Köln, )
DIREVO Biotech AG today announced the signing of a research and license agreement with MedImmune, the global biologics unit of AstraZeneca plc, to develop a therapeutic protease for the treatment of CNS diseases.

Under the terms of the agreement, Direvo will be applying its proprietary protein-engineering capabilities to create specifically engineered proteases. MedImmune will then be responsible for the development and marketing of the protease product that may arise under the agreement. Direvo will receive undisclosed upfront and milestone payments, as well as research funding plus royalties on potential sales of the therapeutic protease should it reach the market.

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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.