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Biotech / Medical : Tularik Inc. (TLRK)
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To: scaram(o)uche who wrote (454)4/24/2003 4:42:13 PM
From: keokalani'nui  Read Replies (1) of 598
 
IL-1 trap. I didn't know about this. From REGN's 10-k:

In July 2002, we announced that Amgen and Immunex Corporation (now part of Amgen) granted us a non-exclusive license to certain patents and patent applications which may be used in the development and commercialization of the IL-1 Trap. The license followed two other licensing arrangements under which we obtained a non-exclusive license to patents owned by ZymoGenetics, Inc. and Tularik Inc. for use in connection with the IL-1 Trap program. These license agreements would require us to pay royalties based on the net sales of the IL-1 Trap if and when it is approved for sale. In total, the royalty rate under these three agreements would be in the mid-single digits.


Wouldn't have noticed it either if Goeddel hadn't led the cc with it.
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