Navigation Links
Prometheus Obtains Exclusive US Commercialization Rights for RENCAREX®
Date:5/2/2011

SAN DIEGO, May 2, 2011 /PRNewswire/ -- Prometheus Laboratories Inc., a specialty pharmaceutical and diagnostic company, today announced that it has signed an exclusive agreement with WILEX AG for commercialization rights in the United States for RENCAREX® (girentuximab).  RENCAREX® is a Phase III product candidate for adjuvant use in non-metastatic clear-cell renal cell cancer (ccRCC).

Under the terms of the agreement, WILEX will receive $19.0 million upfront payments and development fees plus milestone payments and royalties on U.S. net sales of RENCAREX®.  In addition, Prometheus will co-fund a portion of the ongoing development of RENCAREX®. The deal terms also include an agreement whereby WILEX may be granted commercialization rights outside of the United States, including but not limited to Europe, to one of Prometheus' marketed products or receive additional cash payments of up to $20 million.

Professor Olaf G. Wilhelm, Chief Executive Officer of WILEX, commented, "This is the deal we have been looking for, not only in financial, but also in commercial and strategic terms. We are very excited about WILEX'S new partnership with Prometheus since Prometheus has a proven track record in commercializing pharmaceutical and diagnostic products."

"We are very pleased to enter into this partnership with WILEX as we continue to build our oncology franchise," said Joseph M. Limber, President and Chief Executive Officer of Prometheus. "RENCAREX® is a great strategic fit with our current oncology portfolio in renal cell carcinoma. There is no product currently approved in the United States for patients who could have recurrence of ccRCC after a kidney resection.  We look forward to working with WILEX to complete the development process and commercialize RENCAREX® in the United States."

About RENCAREX®

RENCAREX® (girentuximab) is a highly specific chimeric monoclonal antibo
'/>"/>

SOURCE Prometheus Laboratories Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Prometheus Presents Findings From Development of PROMETHEUS(R) IBS Diagnostic, First Blood Test for IBS, at ACG Annual Scientific Meeting
2. Prometheus and Rosetta Genomics Announce License and Collaboration Agreement
3. Prometheus Announces New Findings Regarding Patients at Risk for Celiac Disease at DDW
4. Prometheus Launches ProOnc Dx Cancer Diagnostics
5. Prometheus Acquires Exclusive Rights to PROLEUKIN(R) (aldesleukin) in the U.S.
6. Prometheus Announces New Method for Real-Time Monitoring of Patients Treated With Biologic Therapy
7. Prometheus and Bayer HealthCare Enter into Services Agreement to Conduct Mutational Analysis
8. Prometheus Highlights Record Performance in 2010
9. Kibow Biotech Obtains Australian, Chinese and Indian Patents Protecting the Composition and Basic Technology Behind Its Oral Probiotic Formulation for Chronic Kidney Failure
10. Terumo Heart Obtains IRB Approval from the University of Michigan to Initiate DuraHeart(TM) Left Ventricular Assist System U.S. Pivotal Trial
11. First Molecular Tem-PCR Test to Identify Multiple Forms of Staph and MRSA Obtains CLIA Certificate
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/30/2015)... Calif. , June 30, 2015 A new ... California,s exposure to high-priced Hepatitis C ... if only 5 percent of Californians infected with Hepatitis C ... the costly impact of new Hepatitis C treatments on public ... grapple with hefty price tags for drugs like Gilead Sciences, ...
(Date:6/30/2015)... , June 30, 2015 Olympus, a ... solutions for medical and surgical procedures, among other ... replacements for surgical equipment at no additional charge. ... offer this type of guarantee. The service became ... Agreement earlier this year. Olympus, ...
(Date:6/30/2015)... , June 30, 2015  Today, the National ... of the 2015 National Mobility Awareness Month Local Heroes ... Local Hero online entries that received 1.3 million votes. ... Chrysler , Toyota Mobility , and Valley ... BraunAbility and Vantage Mobility International (VMI) ...
Breaking Medicine Technology:New Analysis Reveals High-Priced Hepatitis C Drugs Could Have Costly Impact on State 2New Analysis Reveals High-Priced Hepatitis C Drugs Could Have Costly Impact on State 3New Analysis Reveals High-Priced Hepatitis C Drugs Could Have Costly Impact on State 4Olympus Introduces Industry-First Next-Day Product Replacement Guarantee for Surgical Business 2Olympus Introduces Industry-First Next-Day Product Replacement Guarantee for Surgical Business 3NMEDA Announces National Contest Winners 2NMEDA Announces National Contest Winners 3
... Reportlinker.com announces that a new market ... Interventional Cardiology Devices - ... Forecasts to 2016 ... Devices - Global Pipeline Analysis, Opportunity Assessment ...
... ... if ... var shortURL = ""; BitlyCB.alertResponse = ... to grab the first one. for (var r in data.results) { first_result = data.results[r]; break; } for ...
Cached Medicine Technology:Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 2Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 3Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 4Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 5Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 6Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 7Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 8Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 9Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 10Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 11Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 12Reportlinker Adds Interventional Cardiology Devices - Global Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016 13PharmaPendium(TM) Launches Pharmacokinetics Module 2PharmaPendium(TM) Launches Pharmacokinetics Module 3PharmaPendium(TM) Launches Pharmacokinetics Module 4PharmaPendium(TM) Launches Pharmacokinetics Module 5PharmaPendium(TM) Launches Pharmacokinetics Module 6PharmaPendium(TM) Launches Pharmacokinetics Module 7PharmaPendium(TM) Launches Pharmacokinetics Module 8
(Date:6/30/2015)... ... June 30, 2015 , ... The American Lung Association in California ... event in San Diego. Speakers and clean air advocates included San Diego County Supervisor ... of Kindred Hospital, and Daniel Sullivan, founder and president of Sullivan Solar Power. ...
(Date:6/30/2015)... CA (PRWEB) , ... June 30, 2015 , ... On ... Have Acne ,” listed five triggers that most people would not expect to ... care products, and toothpaste. The primary causes of acne are clogged pores ...
(Date:6/30/2015)... ... June 30, 2015 , ... The ... a federal multidistrict litigation now underway in the U.S. District Court, Eastern District ... Conference. According to the Court’s calendar, that conference has now been scheduled for ...
(Date:6/30/2015)... NY (PRWEB) , ... June 30, 2015 , ... The U.S. Women's National Soccer ... mid-August. The first match will be on Sunday, August 16th at Heinz Field in ... Rica will meet again at Finley Stadium in Chattanooga, TN. , The USA WNT previously ...
(Date:6/30/2015)... (PRWEB) , ... June 30, 2015 , ... ... Digest discussed the advantages that fat transfer procedures had over breast implants ... fat transfer techniques create breasts that “look and feel natural,” have increased sensation, ...
Breaking Medicine News(10 mins):Health News:Local Dignitaries Gather to Announce San Diego’s Clean Air Challenge 2Health News:Local Dignitaries Gather to Announce San Diego’s Clean Air Challenge 3Health News:A List of 5 Surprising Acne Triggers and the Latest Acne Treatment Options 2Health News:Progress of Federal Xarelto Lawsuits Pending in Multidistrict Litigation to Be Discussed During July 9th Status Conference 2Health News:Progress of Federal Xarelto Lawsuits Pending in Multidistrict Litigation to Be Discussed During July 9th Status Conference 3Health News:USA vs. Costa Rica Tickets at Heinz Field in Pittsburgh and Finley Stadium in Chattanooga: Ticket Down Slashes Presale Ticket Prices for Costa Rica vs. USA WNT 2Health News:Recent Article Advocating for Breast Reconstruction with Fat Transfers Successfully Outlines the Advantages of Transfer Procedures, Notes Beverly Hills Physicians 2Health News:Recent Article Advocating for Breast Reconstruction with Fat Transfers Successfully Outlines the Advantages of Transfer Procedures, Notes Beverly Hills Physicians 3
... of Illinois at Chicago College of Medicine have found ... molecular mechanism that allows cells of the immune system ... is reported in Nature . Inflammation is ... of inflammation is the production of negatively charged oxygen-rich ...
... The Presidential Commission for the Study of Bioethical ... involving human volunteers, concluding that current rules and ... In its report, "Moral Science: Protecting Participants in ... changes to current practices to better protect research ...
... HealthDay Reporter , WEDNESDAY, Dec. 14 (HealthDay News) ... proof the U.S. Food and Drug Administration should require from ... that what they are selling is not harmful to the ... claim to offer individuals nicotine without the health risks, namely ...
... at The University of Texas Health Science Center San Antonio ... Mycoplasma pneumoniae. Joel Baseman, Ph.D., who led the discovery, said ... be causing as many as 40 percent of all asthma ... suggesting this is true. Dr. Baseman,s colleagues in the School ...
... (HealthDay News) -- Alcohol use by American teens has dropped ... and don,t believe it,s a dangerous drug, according to an ... Drug Abuse and the University of Michigan. The nationally ... 12 at 400 public and private schools found a continuing ...
... -- Decking the halls (and elsewhere) for the holidays ... finds. In November and December 2010, more than ... injuries involving holiday decorations, up from 10,000 in 2007, ... U.S. Consumer Product Safety Commission (CPSC). "A well-watered ...
Cached Medicine News:Health News:UIC researchers discover how cells limit inflammation in lung injury 2Health News:President's Bioethics Commission releases report on human subjects protection 2Health News:President's Bioethics Commission releases report on human subjects protection 3Health News:President's Bioethics Commission releases report on human subjects protection 4Health News:Electronic Cigarette Makers Must Prove Safety of Products: Report 2Health News:Electronic Cigarette Makers Must Prove Safety of Products: Report 3Health News:Electronic Cigarette Makers Must Prove Safety of Products: Report 4Health News:Work in cells, animals, patients reveals toxin's role in asthma 2Health News:Work in cells, animals, patients reveals toxin's role in asthma 3Health News:Alcohol Use Down, Pot Use Up Among U.S. Teens 2Health News:Injuries Linked to Holiday Decorating on the Rise 2Health News:Injuries Linked to Holiday Decorating on the Rise 3
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
Medicine Products: