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This collaboration allows for co-development of high-quality multiplex immunoassay products for the WideScreen(TM) BeadPlex(TM) assay platform for the detection and profiling of mitochondrial toxicity and activity.
Under the terms of the agreement, MitoSciences has granted EMD Chemicals exclusive rights to a large new offering of currently un-licensed monoclonal antibodies for monitoring mitochondrial toxicity and bioactivity. MitoSciences would work exclusively with EMD Chemicals to validate the new WideScreen(TM) assays for use in drug screening applications.
Deal Type Partnership Sub-Category Acquisition of Rights,Distribution,Research and discovery,Co-development Deal Status Announced: 2009-10-22
Deal Participants
Partner 1 (Company) EMD Chemicals Inc. Partner 2 (Company) MitoSciences, Inc. Partner 3 (Company) Merck KGaA
Deal Rationale
This agreement would enable EMD Chemicals to expand its already extensive offering in the multiplex biomarker, drug discovery and drug development markets.
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