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Biotech / Medical : HGSI -- Ignore unavailable to you. Want to Upgrade?


To: 249443 who wrote (50)11/12/2001 1:54:19 PM
From: 249443  Respond to of 56
 
Transgene:

yahoo.marketguide.com

Transgene has a broad collaboration and license agreement with Human Genome Sciences Inc. (HGS) which gives the Company access to its collection of proprietary genes. This agreement, the first of its kind, reflects a cooperative arrangement between HGS and the Company under which both will work together to identify 10 genes with therapeutic potential. The Company is in the process of testing 35 genes in various animal models, focusing on cardiovascular diseases and oncology. The Company is obligated to pay to HGS royalties on revenues from sales of gene therapy products developed from their proprietary genes.