GREY:MDCGF - Post by User
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TechnicalBuyon Apr 06, 2011 8:13am
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Post# 18391741
The BIG pharma agreement is here!!!
The BIG pharma agreement is here!!!finally....
Medicago announces research collaboration for the development of anon-influenza vaccine candidate with a top 10 global pharmaceuticalcompany
Apr. 6, 2011 (PR Newswire) --
QUEBEC CITY, April 6 /PRNewswire-FirstCall/ - Medicago Inc. (TSX: MDG), a biotechnologycompany focused on developing highly effective and competitive vaccinesbased on proprietary manufacturing technologies and Virus-LikeParticles (VLPs), today announced that it has entered into a researchcollaboration agreement for the development of a non-influenza vaccinecandidate with a top 10 global pharmaceutical company.
Under the terms of the research collaboration, Medicago will apply itstransient expression system to develop a vaccine candidate for anon-disclosed target. Medicago is eligible to receive payments onachievement of specified milestones stipulated in the contract.
TB
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