GENETICS INSTITUTE AND THE JOHNS HOPKINS UNIVERSITY COOPERATE TO FORM NEW COMPANY

PR Newswire | May 1, 1995 | Copyright
 
         MetaMorphix to Discover and Commercialize New Therapeutics 

CAMBRIDGE, Mass., May 1 /PRNewswire/ -- Genetics Institute, Inc. (Nasdaq: GENIZ), a leading biopharmaceutical company, and The Johns Hopkins University School of Medicine announced today that they have cooperated to form a new company, MetaMorphix, Inc., to discover, develop and commercialize genetically-related molecules involved in regulating cell growth and differentiation. Genetics Institute will provide $3.6 million in seed capital and initially will own 58% of MetaMorphix. Johns Hopkins and its ...

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