Hansa Medical AB enters license agreement with Human Genome Sciences Inc.

Hansa Medical AB (NASDAQ OMX First North:HMED) today announced that they have entered a license agreement with Human Genome Sciences Inc. (NASDAQ:HGSI) regarding patents and patent applications around the drug target alpha-11.
The license agreement gives Hansa Medical an exclusive and global right to HGSIs all granted patents and pending patent applications regarding inventions around the alpha-11 integrin such as therapeutic anti-alpha-11 antibodies. Specific terms of the agreement were not disclosed.
“By uniting Hansa Medicals’ alpha-11 patent applications with the patents around alpha-11 developed by Human Genome Sciences, we create a strong patent portfolio for our anti-alpha-11 program. Integrating all intellectual property around the alpha-11 protein in one portfolio will further increase the commercial potential for this novel and innovative drug target” says Emanuel Björne, Chief Executive Officer of Hansa Medical.
Alpha-11 is a novel drug target for treatment of the...

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