Biocytogen Pharmaceuticals announced that it has entered into an evaluation and option agreement with Merck KGaA, Darmstadt, Germany to grant them a sole license to evaluate Biocytogen's proprietary antibodies against at least three distinct targets with an option to acquire some of the assets at a later date for therapeutic product development for all uses worldwide.
Under the agreement, Biocytogen will provide Merck KGaA, Darmstadt, Germany antibodies directed against at least three targets specified by them from Biocytogen's Project Integrum (also called HiTS Platform), which are generated by leveraging Biocytogen's proprietary RenMice
