Pharmaceutical Business Review

Published:27-February-2009

By Datamonitor staff writer

Merck Serono, a division of Merck KGaA, Darmstadt, Germany, and Ambrx, a biopharmaceutical company, have announced a global strategic collaboration to develop and commercialize Ambrx's ARX424 preclinical product candidate for the treatment of multiple sclerosis.

ARX424 was created by Ambrx through the application of its proprietary protein optimization technology, ReCODE. This second collaboration between the two companies follows a previous agreement announced in 2007 to develop ARX201, Ambrx's long-acting growth hormone product, currently in Phase II of clinical development.

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