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Diversa and Medarex Agree to Co-Develop Antibodies

NEW YORK, Oct. 17 (GenomeWeb News) - San Diego-based Diversa and Princeton, NJ-based Medarex yesterday announced they have entered into an R&D collaboration to develop and optimize antibodies to be used as drug targets.

 

Diversa plans to use its DirectEvolution technology, which generates randomized protein variants, to help engineer monoclonal antibodies. Medarex will bring its experience developing human monoclonal antibodies and its "extensive collaborative network" to the deal, Diversa president and CEO Jay Short said in a statement.

 

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