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Micromet Reports Fourth Quarter and Full Year 2009 Financial Results
Date:3/4/2010

  • Entered into agreement with Lonza for the manufacture of blinatumomab - In November, the Company announced that it had entered into an agreement with Lonza AG for the process development and manufacture of blinatumomab.  Under the terms of the agreement, Lonza will manufacture blinatumomab for clinical trials, develop the commercial scale process and supply blinatumomab for commercial sale, if regulatory approval is obtained and if so requested by Micromet.

  • Initiated collaboration with Bayer Schering Pharma for a new BiTE antibody -  In December, the Company announced that Bayer Schering Pharma had exercised its option to develop and commercialize a solid tumor BiTE antibody under an option, collaboration and license agreement entered into in January 2009.  Under the terms of the agreement, the Company has received an option fee of euro 4.5 million and an option exercise fee of euro 5 million. In addition, Micromet is eligible to receive additional milestone payments of up to euro 285 million as well as up to double-digit royalties on net sales.


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SOURCE Micromet, Inc.
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6. Micromet, Inc. to Host Webcast and Conference Call to Discuss Blinatumomab Data Presented at American Society of Hematology Annual Meeting
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