Parkinson's Disease Tulip


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Old 11-19-2011, 08:23 PM #1
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Default MedGenesis Therapeutix Reacquires Rights for GDNF

MedGenesis Therapeutix Reacquires Rights for GDNF

8 Nov 2010 - MedGenesis... announced today that it has regained all rights to glial cell line-derived neurotrophic factor (GDNF) protein and related Convection Enhanced Delivery (CED) technology from Biovail Laboratories International SRL...

MedGenesis and BLS agreed to conclude their previously established collaboration to develop and commercialize GDNF, returning the product to MedGenesis together with a one-time cash payment of $5 million to accelerate the development of GDNF in Parkinson’s disease. At the same time, MedGenesis has broadened GDNF applications to hearing loss and epilepsy.

http://www.medgenesis.com/news.htm

(I have no idea how this impacts the "development of GDNF in Parkinson's Disease". MJF was listed as one of the funding partners--any comment about this news? does it matter? thanks, madelyn)
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Last edited by olsen; 11-20-2011 at 01:09 AM.
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