Abcam obtains rights to recombinant rabbit MAbs from Roche
Life science research tool specialist Abcam (AIM: ABC) has signed a licensing deal with Roche (SIX: ROG) that gives the UK company exclusive rights to the product portfolio of Spring Bioscience Corporation in the research use only (RUO) field of use.
The deal cements Abcam’s position as one of Europe’s biggest biotechs, able to give researchers easy access to the antibodies they need for their work.
Roche acquired Spring, a California-based biotech, in 2007 and the portfolio concerned comprises around 760 products, with the Swiss pharma giant retaining the antibody development capabilities and rights pertaining to the portfolio for internal research, companion diagnostic and IVD uses. Financial terms of the agreement have not been disclosed.
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