Senior vice president.
Abbott signs licensing agreement with Pierre Fabre SA to build up and commercialize tumor antibody h224G11 Abbott announced today an exclusive worldwide licensing agreement with Pierre Fabre SA to build up and commercialize h224G11, a pre-clinical monoclonal antibody identified at the Centre d’Immunologie Pierre Fabre in France and targeting the cMet receptor for the treatment of cancer.D tadalafilnorge.com ., senior vice president, global research and development, Abbott. ‘We look forward to increasing our strong oncology pipeline, which includes exploration of multiple mechanisms to take care of cancer.’ H224G11 works by binding to cMet proteins and interrupting the signaling pathway specifically, which leads to tumor cell death and the prevention of tumor growth.
Abbott Laboratories announced plans this early morning to split into two companies. Both new companies will have distinct product profiles. The next company, which keeps the Abbott moniker, will be a diversified medical items business including laboratory diagnostics, generic drugs, nutrition products and medical gadgets. Consequently, for instance, the medical products arm does not obtain as much interest from healthcare traders, she explains. The blockbuster antibody is because of go off-patent in 2016, and many shareholders are concerned the company is too dependent on Humira sales.