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CAMBRIDGE BIOTECH GRANTS SUBLICENSE TO GENENTECH FOR DEVELOPMENT OF AIDS VACCINE

 CAMBRIDGE BIOTECH GRANTS SUBLICENSE TO GENENTECH
 FOR DEVELOPMENT OF AIDS VACCINE
 WORCESTER, Mass., Dec. 3 /PRNewswire/ -- Cambridge Biotech Corporation (NASDAQ: CBCX) today announced it has granted a sublicense for gp120, a key envelope protein of the AIDS virus HIV-1, to Genentech, Inc. (NYSE: GNE). Cambridge is the exclusive licensee of a Harvard University patent for gp120 and its precursor protein gp160. Genentech becomes the twelfth company to receive a gp120 sublicense from Cambridge, which receives a one-time license fee and royalties on sales. Further terms of the agreement were not disclosed.
 Genentech currently has two product development programs utilizing gp120; one application is an AIDS vaccine and the other is an active immunotherapy for asymptomatic HIV-infected individuals. Both programs are in early human clinical trials.
 Commenting on the sublicense, Cambridge Biotech President and CEO Patrick J. Leonard said, "Genentech's leading position in the field of vaccines and therapeutics reinforces the value of this patent in the Cambridge Biotech portfolio. We are pleased to welcome Genentech to our group of sublicensees."
 Other sublicensees are Abbott Laboratories, Baxter Healthcare Corporation, Becton Dickinson, Behringwerke, Chiron Corporation, Diagnostics Pasteur, IAF Biochem, Pasteur Merieux, Pharmacia ENI Diagnostics, Repligen Corporation, and SmithKline Beecham.
 Cambridge Biotech Corporation is a leader in the development of recombinant technology and a major producer of viral diagnostic screening and confirmatory products. The company utilizes recombinant technology in the development and production of antigens. The company also develops adjuvants and monoclonal antibodies as the basis for diagnostic, vaccine and therapeutic products for humans and animals.
 -0- 12/3/91
 /CONTACT: Peter P. Hartman, vice president-finance and CFO of Cambridge Biotech, 508-797-5777, or Mark Cohen of Cameron Associates, 212-683-4545, for Cambridge Biotech/
 (CBCX GNE) CO: Cambridge Biotech Corporation; Genentech, Inc. ST: Massachusetts IN: MTC SU: LIC


JT -- NY007 -- 8600 12/03/91 08:30 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:PR Newswire
Date:Dec 3, 1991
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