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GE Healthcare Life Sciences, CDI announce license agreement
12-18-2012
SHARING OPTIONS:
CHALFONT ST. GILES, United Kingdom—GE Healthcare Life
Sciences, a business unit of GE Healthcare, and Cellular Dynamics International
have announced a license agreement. Per the terms of the agreement, GE
Healthcare has licensed Cellular Dynamics to develop, manufacture and sell
cellular assays and models derived from induced pluripotent stem (iPS) cells
for use in drug discovery and toxicity screening. Financial terms for the
agreement were not released.
“We believe it is important that stem cell-based assays are
available to researchers so that progress can be made in drug discovery;
clarity and freedom to operate is fundamental to advancing the use of such
assays. Our recently extended agreement with Geron provided the foundation for
the type of agreement we are announcing today,” Dr. Amr Abid, general manager
of Cell Technologies at GE Healthcare Life Sciences, said in a statement. “GE
Healthcare believes that such agreements are the next step to enabling the
wider industry to benefit from the use of this key intellectual property
without violating patent rights. We are delighted that Cellular Dynamics
International is the first company to work with us to bring greater clarity to
the marketplace.”
Cellular Dynamics is a leading developer, manufacturer and
vendor of human iPS cell lines and tissue cells. Its current offering includes
iCell Cardiomyocytes, iCell Neurons (brain cells), iCell Endothelial Cells
(blood vessel cells) and iCell Hepatocytes (liver cells), as well as its MyCell
Services, a custom cell manufacturing service that produces stem cells or
terminal cells from any individual, including those with diseases of interest.
“CDI’s mission is to provide human cell-based research and
drug discovery tools that enhance scientists’ ability to better understand
human biology, increase efficiency of the discovery process and ultimately
improve human healthcare,” Bob Palay, CEO of Cellular Dynamics International,
said in a press release. “The IP space surrounding stem cell technology is
complex. With the licensing of the GE-Geron intellectual property portfolio,
CDI now has more than 700 licensed or owned patents and patent applications. We
have built our IP portfolio intending to ensure broad freedom to operate and to
offer customers products that they can use with confidence and the knowledge
that their subsequent discoveries are protected by this IP portfolio.”
The agreement is the latest of several ventures in the stem
cell space for both companies. GE Healthcare launched its Cytiva cardiomyocytes
in 2010, stem cell-based assays that aid in determining the toxicity of drug
candidates in the earlier stages of drug discovery. More recently, GE
Healthcare has announced the expansion of its license with Menlo Park,
Calif.-based Geron, a biopharmaceutical company developing first-in-class
cancer therapeutics. The expansion allows GE Healthcare to obtain exclusive
global rights to Geron’s intellectual property and know-how for developing and
selling cellular assays derived from iPS cells.
For its part, Cellular Dynamics announced in late October
that the National Institutes of Health Center for Regenerative Medicine
(NIH-CRM) had awarded it a contract to provide iPS cell lines and terminally
differentiated tissue cells from normal or specified patient populations. The
three-year agreement could be worth up to $7 million, and is the third contract
Cellular Dynamics has been awarded from NIH-CRM, with the first two originating
in 2011. Code: E12181201 Back |
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