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IDM and Medarex in product alliance

Executive Summary

Monoclonal antibody company Medarex has licensed Immuno-Designed Molecules (gene therapy for cancer) worldwide rights to certain products and technology in exchange for equity in IDM, increasing Medarex's interest in the company from 6% to about 34%. The agreement replaces a preliminary announcement made in February.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Equity
    • Intra-Biotech Deal
    • R&D and Marketing (Licensing)

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