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Delphi Genetics inks licensing pact with Merck for StabyExpress technology
Brussels, Belgium | Wednesday, October 10, 2012, 12:00 Hrs  [IST]

Delphi Genetics SA has signed a broad licensing agreement with a subsidiary of Merck & Co., Inc., known as MSD outside the United States and Canada, for the use of the StabyExpress technology, which allows high yield, cost effective protein expression without the use of antibiotics.

Under the agreement, Merck receives a non-exclusive license to use the StabyExpress technology for protein expression in research and product development. In exchange, Delphi is eligible to receive milestone payments associated with the development of Merck product candidates that utilize the StabyExpress technology, as well as royalties on sales of such products. The financial details of the agreement were not disclosed.

Cedric Szpirer, PhD, co-founder of Delphi Genetics and CEO explained: "This is Delphi's first broad-based licensing agreement that covers potential use of the StabyExpress technology for protein based product in the areas of human and animal health.”

Guy Hélin, CBO, added: "This is the third licensing agreement that we have announced with a world leading healthcare company. The non-exclusive nature of this agreement enables us to consider similar collaborations with other strategic partners, including partners in other fields than biopharma production."

Delphi also has licensing agreements with Sanofi-Pasteur, announced in June 2009, and with GSK, announced in September 2010.

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