Antibody Firm Xencor Exclusively Licenses Xtend Antibody Technology to Merck | GenomeWeb

Xencor said this week it has exclusively licensed its Xtend antibody technology to Merck.

The drug firm will use the technology to develop antibodies against an undisclosed drug target.

In return, Merck will pay Xencor a $3 million upfront license fee. It also will pay Xencor an undisclosed amount if it selects an Xtend variant, and pay undisclosed amounts in clinical development milestones and royalties on product sales.

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