In march 2011, Bioporto signed the first non-exclusive license agreement for access to the NGAL cut-off patent.
The deal was made with US based Instrumentation Laboratory (part of the Werfen Group), and paid an initial 250.000€, rising to 2.000.000€ in milestones. The deal also holds a 5,5% royalty for Bioporto.

More important though,  entering into an agrement with IL  is like  a “stamp of approval” from a major player in the medical sector, and a most welcome allied.

The official announcement can be found here.

Tagged with:
 

One Response to The first (and so far only) NGAL license agreement.

  1. StoneFarm says:

    today they announced another type of Agreement, basically for a Homogenous Test (as opposed to the heterogenous test under developement by Instrumentation Lab). The NGALtest will be part of a immunoassay marketed by the Wiener Group of Argentina under their own label …

Leave a Reply

Your email address will not be published. Required fields are marked *

Set your Twitter account name in your settings to use the TwitterBar Section.