Brief: Peptidream announces license of PDPS technology to Genentech Inc

PeptiDream

20/07/2016 08:26

July 20 (Reuters) - PeptiDream Inc  4587.T :   
     
    * Says it entered into a technology license agreement with 
U.S.-based company Genentech Inc to nonexclusively license 
PeptiDream's proprietary Peptide Discovery Platform System 
(PDPS) technology 
    * Says PeptiDream will receive an undisclosed upfront 
payment, annual technology access payments, and is eligible 
to receive payments based on achievement of certain redetermined 
development milestones 
    * Says PeptiDream is eligible to receive royalties on sales 
of certain products that arise from use of the PDPS technology 
     
     
    Source text in Japanese:https://goo.gl/wmSBvb 
    Further company coverage: 4587.T  
 
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