Abgenix Licenses From Gliatech Antibody Product Candidates for Cardiovascular and Inflammatory Diseases; IND Planned for 2002.

Business Wire | November 2, 2001 | Copyright

Business Editors & Medical/Health Writers

FREMONT, Calif. & CLEVELAND--(BW HealthWire)--Nov. 2, 2001

Abgenix, Inc. (Nasdaq:ABGX) and Gliatech Inc. (Nasdaq:GLIA) today announced an agreement that provides Abgenix with exclusive worldwide rights to human monoclonal antibody therapies against the complement protein properdin as potential treatments for cardiovascular and inflammatory diseases. Abgenix has generated lead antibody product candidates for Gliatech under a January 2000 collaboration and will now assume responsibility for development and ...

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