CRUCELL/MERIAL SIGN LICENSE PACT FOR PER.C6 TECHNOLOGY.Dutch biotechnology company Crucell N.V. (Euronext, NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CRXL) and Merial, a world-leading animal health company, have entered into a license agreement for the utilization of Crucell's PER.C6 technology for the development and commercialization of veterinary vaccines for foot-and-mouth disease foot-and-mouth disease, highly contagious disease almost exclusive to cattle, sheep, swine, goats, and other cloven-hoofed animals. It is caused by a virus that was identified in 1897. (FMD FMD foot-and-mouth disease. ). FMD is a highly communicable disease of production animals and is identified by the U.S. government as a potential bio-terrorism risk. Under the terms of the agreement, Crucell will receive an upfront payment, milestone payments, annual maintenance fees, and royalties on sales of vaccines. Further financial details were not disclosed. In on-going and close collaboration with the U.S. Department of Agriculture, Agricultural Research Service (ARS) Plum Island Animal Disease Center The Plum Island Animal Disease Center (PIADC) is a United States federal research facility dedicated to the study of foreign animal diseases. Since 1954, the center has been protecting America's livestock from foreign animal diseases. , Merial will further develop FMD vaccines discovered by ARS. These vaccines would be held in reserve for rapid distribution in the event of an accidental or terrorist-caused FMD outbreak. Dr. Robert Nordgren, Head of Biologics Research and Development at Merial, said "We are particularly proud to work with Crucell and the United States Department of Agriculture United States Department of Agriculture (USDA), n.pr established in 1862, USDA is responsible for the safety of meat, poultry, and egg products. It conducts ongoing research in areas from human nutrition to new crop technologies and also helps ensure open in the development of vaccines that not only enhance animal health, but also improve our country's level of bio-security, and its ability to respond quickly to threats to the agricultural industry. It now becomes essential that we move with speed through this final development process, since possible FMD outbreaks can occur unexpectedly." Dr. Luis L. Rodriquez, of ARS Plum Island, is Research Leader for the project. "Few effective intervention tools are available today to control FMD outbreaks," he said. "We have long needed an effective alternative to the culling and slaughter of all animals in infected and neighboring premises, which has previously been our only way of dealing with outbreaks. The combination of vaccine and antivirals is a very promising intervention tool for rapidly controlling and minimizing the impact of FMD outbreaks in the United States." "We consider Merial's choice of PER.C6 as the cell substrate for vaccines against such an important concern as foot-and-mouth disease as further confirmation of the strength of PER.C6 technology for the production of both human and veterinary vaccines," said Jaap Goudsmit, Crucell's chief scientific officer. FMD affects swine, sheep, cattle, deer and other animals. Experts warn that a single outbreak of FMD could require the destruction of tens of millions of cattle and result in a worldwide ban of U.S. cattle exports for years. This would not only affect the livestock industry, but related economic systems as well, significantly impacting the $1.5 trillion agricultural sector of the U.S. In 2001, the British epidemic cost $15 billion in disposal, compensation, lost trade and tourism. About Merial Merial is a world-leading, innovation-driven animal health company, providing a comprehensive range of products to enhance the health, well-being and performance of a wide range of animals. Merial employs approximately 6,000 people and operates in more than 150 countries worldwide. Its 2003 sales were in excess of $1.8 billion. Merial Limited is a joint venture between Merck & Co., Inc. and Aventis, part of the sanofi-aventis Group. For more information, visit http://www.merial.com or call 678/638-3682. About Crucell Crucell N.V. is a biotechnology company focused on developing vaccines and antibodies that prevent and treat infectious diseases, including Ebola, influenza, malaria and West Nile virus West Nile virus, microorganism and the infection resulting from it, which typically produces no symptoms or a flulike condition. The virus is a flavivirus and is related to a number of viruses that cause encephalitis. . The company's development programs include collaborations with Aventis Pasteur for influenza vaccines, the U.S. National Institutes of Health for Ebola and malaria vaccines, and GlaxoSmithKline (GSK GSK GlaxoSmithKline plc (pharmaceutical company) GSK Glycogen Synthase Kinase GSK Gruppentraining Sozialer Kompetenzen (Germany) GSK Greenland Shark (FAO fish species code) ), Walter Reed Army Institute of Research This article is about the U.S. Army medical research institute (not the hospital). Otherwise, see Walter Reed (disambiguation). The Walter Reed Army Institute of Research (WRAIR) is the largest biomedical research facility administered by the U.S. and New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the for a malaria vaccine. Crucell's products are based on its innovative PER.C6[R] technology, which offers a safer, more efficient way to produce biopharmaceuticals. The company licenses its PER.C6[R] technology to the biopharmaceutical industry on a mostly non-exclusive basis. Licensees and CMO CMO See: Collateralized mortgage obligation CMO See collateralized mortgage obligation (CMO). partners include DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. Biologics, GSK, Centocor/J&J and Merck & Co., Inc. Crucell is headquartered in Leiden, The Netherlands, and is listed on the Euronext and NASDAQ stock exchanges (ticker symbol CRXL). For more information, visit http://www.crucell.com. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion