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Biotech / Medical : AMEV-Applied Molecular Evolution

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To: rkrw who started this subject12/17/2002 4:20:36 PM
From: nigel bates  Read Replies (1) of 164
 
SAN DIEGO--(BUSINESS WIRE)--Dec. 17, 2002--Applied Molecular Evolution, Inc. (AME) (Nasdaq: AMEV - News) today announced that it has achieved an initial milestone in its collaboration with Chiron Corporation to optimize a non-antibody biotherapeutic candidate. Financial terms of the milestone were not disclosed.
"The efficiency of the AMEsystem(TM), including the ExpressAME(TM) mammalian cell expression system, enabled us to reach this goal in nine months," stated William D. Huse, M.D., Ph.D., President, Chief Executive Officer and Chairman of AME. "AME has again demonstrated that our protein engineering technology has the control and precision to deliver improvements in the function of protein therapeutic candidates as specified by our collaborators, this time for Chiron, a leading developer of biotherapeutics." ...
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