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Posted On: 12/13/2012 7:15:43 AM
Post# of 5789
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Posted By: PoemStone
Re: SaltyMutt #309


Genmab Reaches Third Milestone in Lundbeck Collaboration


GlobeNewswire Press Release : Genmab A/S –  1 hour 1 minute ago
http://finance.yahoo.com/news/genmab-reaches-...56326.html


Company Announcement



  • Third pre-clinical milestone met in Lundbeck collaboration

  • [Eur]1 million milestone payment to Genmab


COPENHAGEN, Denmark, Dec. 13, 2012 (GLOBE NEWSWIRE) -- Genmab A/S ( GEN.CO ) announced today it had reached the third pre-clinical milestone in the collaboration with H. Lundbeck A/S, triggering a [Eur]1 million payment (approximately DKK 7.5 million). Under the collaboration with Lundbeck, Genmab creates novel human antibodies to three central nervous system (CNS) targets identified by Lundbeck and Lundbeck has access to Genmab's antibody creation and development capabilities.




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