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Biotech / Medical : HuMAB companies

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To: nigel bates who wrote (601)	1/6/2004 10:14:28 AM
From: Icebrg	of 1022

Diversa and Xoma. Diversa seems eager to cover as many bases as possible. Just a couple of months ago they agreed to be courted by Medarex. Erik Diversa and Medarex Form Strategic Partnership for Antibody Engineering SAN DIEGO, and PRINCETON, N.J., Oct. 16 /PRNewswire-FirstCall/ -- Diversa Corporation (Nasdaq: DVSA) and Medarex, Inc. (Nasdaq: MEDX) today announced that they have entered into a strategic partnership aimed at developing antibodies with enhanced functionality. Through a joint research effort, Diversa and Medarex plan to combine their respective capabilities in directed evolution and antibody biology. The companies are co-sponsoring this project, and they believe it may have broad applicability in the field of therapeutic antibodies.

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