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Biotech / Medical : CLTR COULTER PHARMACEUTICAL

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To: HARRY GIBSON who started this subject10/3/2000 6:40:10 AM
From: nigel bates  Read Replies (1) of 666
 
LONDON, Oct 3 (Reuters) - Biotechnology firm ML Laboratories Plc (LSE: MLB.L - news) said on Tuesday its gene therapy unit Cobra Therapeutics had agreed to develop and commercialise some of Cobra's novel UCOE applications with U.S. Coulter Pharmaceutical Inc .
UCOE, ubiquitous chromatin opening elements, is a technology with a wide range of applications in biotechnology and drug discovery including rapid production of proteins such as antibodies.
"The application of our technology in this area is particularly important as it represents a major class of therapeutic proteins and consequently offers significantly commercial potential," said ML chief executive Stuart Sim in a statement...
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