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Published on 9/7/2006 in the Prospect News Biotech Daily.

Crucell signs European STAR licensing agreement

By Lisa Kerner

Charlotte, N.C., Sept. 7 - Crucell NV signed its first European STAR licensing agreement with UCB, which will evaluate the technology using its proprietary mammalian CHO cell line.

The five-year agreement covers a non-exclusive research license for the production of monoclonal antibodies.

Under the agreement, the Brussels, Belgium-based UCB will pay a license issuance fee, milestone fees and annual maintenance fees to Crucell.

Further financial details were not disclosed.

Crucell is a biotechnology company located in Leiden, The Netherlands.


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