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Ortho-Clinical Kills Alzheimer s License with SynX

Mar 05, 2004

NEW YORK, March 5 (GenomeWeb News) - Ortho-Clinical Diagnostics has ended an exclusive agreement to license certain Alzheimer's diagnostics technology from SynX Pharma, and has stopped trying to develop the technology, SynX said today.

 

As a result, Toronto-based SynX has re-acquired from Ortho the worldwide rights to the technology, the company said.

 

SynX won a USpatent for the technology in September 2002, and licensed it exclusively to Ortho one month later. SynX  said it plans to "pick up where Ortho has left off" and continue developing the Alzheimer's technology. The company will begin seeking non-exclusive licensing partners and consider plans to add it to its Nexus Dx point-of-care product line.

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