Parking form the 10K...
OUR COLLABORATIONS
Through December 31, 2002, we have entered into the following licenses and collaborations:
ASTRAZENECA UK LIMITED
Effective November 29, 2001, we entered into a three-year agreement with AstraZeneca UK Limited, in which AstraZeneca gained limited access to our HAP-TM- Technology to investigate associations between our HAP-TM- Markers and disease susceptibility, in exchange for a specified, onetime payment. We granted AstraZeneca a perpetual exclusive license to use those HAP-TM- Markers that are shown to have a predictive association with a certain disease, for discovering, developing, manufacturing, marketing and selling of AstraZeneca drugs. We also granted AstraZeneca a perpetual, co-exclusive license, with us, to use the predictive HAP-TM- Markers for discovering, developing, manufacturing, marketing and selling prognostic products used in connection with the sale or prescription of AstraZeneca drugs. In exchange for these license grants, AstraZeneca granted us options, which expire in 2011, to obtain licenses under its intellectual property for making, using, marketing and selling prognostic and diagnostic products that detect these predictive HAP-TM- Markers.
BD (BECTON, DICKINSON AND COMPANY)
Effective December 18, 2002, we entered into a training and license agreement with BD. Under the terms of the agreement, we acquired a non-exclusive, non-transferable license to BD's proprietary BDProbeTec-TM- ET platform and Strand Displacement Amplification Technology. The license is fully paid up for our internal research and development activities, which are limited to the United States, is royalty-bearing for selling products and services world-wide for genotyping HAP-TM- Markers in certain fields of use. BD will provide equipment, certain reagents and training on the development of tests.
BIOGEN, INC.
Effective December 21, 2001, we entered into an agreement with Biogen, Inc., in which Biogen gained non-exclusive access to selected HAP-TM- Markers from our HAP-TM- Database solely for research and development purposes. We receive payments based upon the HAP-TM- Markers that Biogen selects.
Effective January 31, 2002, we entered into a second agreement with Biogen, Inc., in which we are applying our HAP-TM- Technology to a study of the pharmacogenetic basis of variability in response to Amevive-Registered Trademark- (alefacept), a biologic developed for the treatment of adults with moderate-to-severe chronic plaque psoriasis who are candidates for systemic therapy or phototherapy. We granted Biogen an exclusive, fee-bearing license to use our HAP-TM- Markers, which are shown to be predictive of response to this biologic, to develop diagnostic tests for use in connection with marketing Amevive-Registered Trademark-. We also granted Biogen an exclusive option, for a limited time, to acquire an exclusive license to use particular HAP-TM- Markers for developing and commercializing other products. Biogen agreed to pay us a non-refundable initial fee, research funding and milestone payments based upon the achievement of predetermined goals, as well as payments for the commercial use of our HAP-TM- Markers in conjunction with the sale of Amevive-Registered Trademark-. The agreement will automatically terminate after a defined number of years. Biogen received certain early termination rights and either party may terminate the agreement early if the other party breaches the agreement. In December 2002, we amended the agreement to define additional work that we would perform as part of the original research plan and for which Biogen agreed to pay us additional research funding.
JOHNSON & JOHNSON PHARMACEUTICAL RESEARCH & DEVELOPMENT, A DIVISION OF JANSSEN PHARMACEUTICA, N.V.
Effective November 22, 2000, we entered into a collaboration agreement with Janssen Research Foundation, referred to as J&J PRD, under which we granted J&J PRD a non-exclusive license to our HAP-TM- Technology in exchange for the payment of annual subscription fees and other fees described below. We installed our DECOGEN-REGISTERED TRADEMARK- Informatics System at one of their sites. We are collaborating with J&J PRD in research projects to identify HAP-TM- Markers associated with a patient's response to certain J&J PRD drugs. For each of the first two years of the agreement, we received a minimum fee for providing HAP-TM- Typing services and we continue to be paid for providing our HAP-TM- Typing services as part of this collaboration. For the first three research projects, we defined product license fees, milestone and royalty payments for drug and diagnostic products that result from these research projects. The agreement will automatically terminate after three years. Either party may terminate the agreement early if the other party breaches the agreement. In November 2002, we amended the agreement with Johnson & Johnson Pharmaceutical Research & Development, the successor to the Janssen Research Foundation. Under the terms of the amendment, we granted J&J PRD exclusive commercial licenses to use HAP-TM- Marker associations with certain drugs in exchange for specified fees.
PHARMACIA & UPJOHN COMPANY
Effective December 12, 2002, we entered into an agreement with Pharmacia & Upjohn Company, in which Pharmacia received a non-exclusive license to selected HAP-TM- Markers from our HAP-TM- Database solely for internal research purposes and to specific components of our DECOGEN-REGISTERED TRADEMARK- Informatics System, one of which is a proprietary algorithm to build haplotypes, and access to our HAP-TM- Typing services for genotyping their clinical samples from a specific project. We installed the DECOGEN-REGISTERED TRADEMARK- Informatics System at one of their sites. We receive payments based upon the HAP-TM- Markers that Pharmacia selects and for genotyping their clinical samples and annual fees for access to our DECOGEN-REGISTERED TRADEMARK- Informatics System. We expect to complete the genotyping in 2003.
PFIZER INC
Effective August 31, 2001, we entered into a one-year agreement with Pfizer Inc., in which Pfizer gained non-exclusive access to selected data from our HAP-TM- Database. We receive payments based upon the HAP-TM- Markers that Pfizer selects. In May 2002 and February 2003, we amended the agreement to extend the terms of the agreement first through February 2003 and now through August 31, 2004, respectively.
INTEC WEB & GENOME INFORMATICS CORPORATION
Effective February 4, 2002, we entered into a two-year agreement with Intec Web and Genome Informatics Corporation, referred to as Intec W&G, in which we appointed Intec W&G as a non-exclusive, authorized sales representative with responsibility for the Japanese market. We agreed to pay Intec W&G a fixed commission on all payments, excluding royalties, we receive from agreements concluded through Intec W&G with Japanese companies. To date, Intec W&G has not brokered any agreements for us.
VISIBLE GENETICS, A PART OF BAYER HEALTHCARE LLC
Effective November 21, 1996, we granted to Visible Genetics, Inc. a worldwide, exclusive license to our patented technology relating to the coupled amplification and sequencing, or CAS, of DNA for diagnostic use. This technology is not part of our HAP-TM- Technology. Under the terms of the agreement, Visible Genetics paid us a one-time licensing fee and continues to pay us royalties based on global sales of products using the licensed technology. Visible Genetics incorporated the CAS technology in its TruGene-TM- HIV diagnostic kit, which they designed to perform pharmacogenomic analysis of HIV and to customize HIV and AIDS therapy for particular patient sub-groups. The FDA granted market clearance for the TruGene-TM- HIV diagnostic kit on September 26, 2001. In March 2000, we amended the agreement to, among other things, reduce the amount of royalties payable under the agreement and expand the field of the license to the research products market. In return for the reduction of royalties and broadening of the field, Visible Genetics paid us an additional one-time fee of $2 million. The term of the agreement extends until the last of the patents covered by the agreement expires. Either party may terminate the agreement early if the other party breaches the agreement, and we can terminate the agreement early if Visible Genetics fails to make any payments. In October 2002, Leverkusen Bayer through its Bayer Corporation completed the acquisition of Visible Genetics, Inc., which is now part of the Diagnostics Division of Bayer HealthCare LLC, and assumed the obligations and rights of Visible Genetics under this agreement.
SEQUENOM
Effective May 28, 2000, we entered into a three-year collaboration agreement with Sequenom, Inc., under which we committed to use Sequenom's MassARRAY-TM- system as our exclusive equipment platform for high-throughput SNP analysis in our HAP-TM- Typing facility. In return, Sequenom provided equipment and supplies, as well as ongoing access to information about new technology and products in development by Sequenom. In addition, we had the option to be a test site for these new technologies and products. The agreement required us to purchase a minimum number of MassARRAY-TM- systems and allowed for predetermined pricing of consumables. The agreement would have automatically terminated after three years. In November 2002, we terminated the collaboration agreement and also received notice from Sequenom that we could use purchased Sequenom products to provide commercial services, as part of our pharmacogenomics support services, to third parties, which are not part of our HAP-TM- Partnership program, without any additional payment or compensation due to Sequenom for such use.
Through March 11, 2003, we have entered into the following additional licenses and collaborations:
BAYER AG AND BAYER HEALTHCARE LLC
Effective January 15, 2003, we entered into a research collaboration and an exclusive license agreement with Bayer AG and with Bayer Healthcare LLC through its Diagnostics Division to develop pharmacogenomic markers of drug safety and efficacy for a defined drug category and for certain disease fields. Under the terms of the agreement, each party has contributed portions of intellectual property derived from its respective programs. We will receive funding to apply our HAP-TM- Technology to Bayer's clinical samples. Bayer will receive exclusive rights to develop and market diagnostic tests based on the results of the collaboration. We are entitled to receive royalties and rights to perform these diagnostic tests in our CLIA-licensed diagnostic laboratory. There are mutual royalty provisions for any pharmaceutical drugs derived from the collaboration. The collaboration will terminate at the end of defined safety and efficacy studies. The agreement will terminate upon the expiration of all licenses and other granted rights and of the obligation to pay royalties. Either party may terminate the agreement early if the other party breaches the agreement.
MILLENNIUM PHARMACEUTICALS, INC.
Effective January 7, 2003, we entered into a multi-year agreement with Millennium Pharmaceuticals, Inc., under which we granted Millennium a non-exclusive license to our HAP-TM- Technology in exchange for the payment of annual subscription fees. Millennium granted us certain rights to support their DNA biomarkers and pharmacogenomic efforts. Millennium has an option to pay specified annual fees to extend the agreement beyond the defined expiration date. Either party may terminate the agreement early if the other party breaches the agreement.
WAYNE STATE UNIVERSITY
Effective March 11, 2003, we entered into an agreement with Wayne State University (WSU) to support WSU's research contract with the National Institute of Child Health and Human Development's Perinatology Research Branch (PRB), which is located at the WSU School of Medicine in Detroit, Michigan. Under the agreement, WSU gained access to specific HAP-TM- Markers and obtained a limited license to use our DECOGEN-Registered Trademark- Informatics System. We will develop assays for the selected HAP-TM- Markers and provide high-throughput genotyping on clinical samples provided by WSU and the PRB. We receive a license fee and other payments from WSU. Either party may terminate the agreement early if the other party breaches the agreement. We expect to complete the genotyping in 2003... |