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Compugen and Diagnostic Products to Co-Develop Diagnostics

NEW YORK, Sept. 8 (GenomeWeb News) - Compugen and Diagnostic Products plan to co-develop diagnostics based on Compugen's biomarkers, the companies said today.

 

Under the agreement, Diagnostic Products, of Los Angeles, plans to develop immunoassay- or nucleic acid-based diagnostics using potential biomarkers provided by Compugen. The companies want to focus on cancer and cardiovascular diseases.

 

Compugen, of Tel Aviv, is entitled to milestone payments as well as royalties on the sales of any diagnostic products. Compugen also has the right to develop any biomarkers for therapeutic purposes.

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