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Procter & Gamble to Use Osteoporosis Targets Identified by Sequenom

Dec 18, 2003

NEW YORK, Dec. 18 (Genome Web News) - Sequenom has licenced to Procter & Gamble Pharmaceuticals an undisclosed number of osteoporosis targets against which the drug company hopes to develop new therapeutics, the companies said today.

 

P&G will validate targets in osteoporosis biological and animal models to identify screening candidates. Sequenom stands to gain royalties on product sales, and is entitled to receive license and milestone payments. Sequenom will also retain all diagnostic rights to the targets.

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