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Biotech / Medical : MEDX ... anybody following?

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To: Icebrg who wrote (632)12/10/2002 2:44:13 AM
From: Icebrg  Read Replies (1) of 2240
 
Medarex and Genmab Announce Filing of a Clinical Trial Application for MDX-018/HuMax-Inflam
Tuesday December 10, 2:30 am ET

PRINCETON, N.J. and COPENHAGEN, Denmark, Dec. 10 /PRNewswire-FirstCall/ -- Medarex, Inc. (Nasdaq: MEDX - News) and Genmab A/S (CSE: GEN and FSE: GE9D) today announced the filing of a clinical trial application (CTA) in Europe for MDX- 018, also known as HuMax-Inflam, for use in the treatment of an autoimmune disease. A CTA filing is the equivalent of an investigational new drug (IND) application in the United States and is a request to the regulatory authorities in Europe to seek approval to conduct a clinical study in patients.

Medarex and Genmab plan to share all development costs and worldwide rights to MDX-018, except for Asia, which is held by Medarex. The disease and the target mechanism for MDX-018 have not yet been made public.
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