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Astellas, Regeneron Extend Antibody Tech Pact

Astellas has extended its non-exclusive license agreement through 2023 to use Regeneron's VelocImmune technology for its research programs to discover fully human monoclonal antibody product candidates.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Astellas has extended its non-exclusive license agreement through 2023 to use Regeneron’s VelocImmune technology for its research programs to discover fully human monoclonal antibody product candidates. Astellas will pay $165 million upfront and another $130 million in June 2018, unless Astellas terminates the agreement prior to that date. Astellas will pay Regeneron a royalty on product sales for any antibody products discovered using VelocImmune. The original agreement dates back to ...

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