MTM and DAKO link up on cancer diagnostics:
This article was originally published in Clinica
Executive Summary
German company MTM Laboratories and DAKO, of Copenhagen, Denmark, have formed a cancer screening licensing and product development deal. DAKO gets exclusive, worldwide rights to MTM's CINtec molecular technology, which is aimed at early identification of cervical cancer. The two companies plan to develop the technology for the diagnosis of other types of tumours. MTM will get undisclosed upfront, milestone, R&D and royalty payments. DAKO has considerable experience in moving cell-based diagnostics through the regulatory process to market and will significantly shorten MTM's time to market, Heidelberg-based MTM says.
You may also be interested in...
Beauty Firms Using AI-Based Tools Could Be Subject To Health Privacy Laws In US States
Using AI-based programs to collect and store consumer information risks running afoul of new health privacy laws cropping up in US states. Lack of federal regulation or guidance on the issue is one of the biggest challenges for beauty firms deploying AI, according to Stacy Marcus, partner at Reed Smith LLP.
Mustang Bio Enters Race For CAR-T In Autoimmune Disease
The biotech company’s CEO talked to Scrip about plans to bring the CD20-targeting CAR-T MB-106 into an investigator-sponsored Phase I trial later this year.
Aldeyra Hopes To Refile Dry Eye Drug Reproxalap Later In 2024
Following an FDA complete response letter last November, Aldeyra has agreed with the agency on a trial design to demonstrate efficacy in ocular discomfort, which the company can complete this year.