Lexicon in Two-Year Deal to Provide Immunex with Knockout Models | GenomeWeb

NEW YORK, July 31 – Lexicon Genetics of The Woodlands, Texas, said Tuesday it had signed a two-year deal to provide Immunex with knockout mammalian models for the pharmaceutical company’s drug development program.

In exchange, Lexicon will receive an up-front technology access fee, annual research funding, and milestone and royalty payments on products developed through the collaboration.

Lexicon did not disclose the specific financial terms of the deal.

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