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Biogen, Inc.

Drug Names(s): Anti-CD23 mAb, IDEC-152

Description: IDEC-152 is a primatized monoclonal antibodythat targets the CD23 marker on specific immunecells. It has been well documented thatinterference with CD23 can inhibit the productionof Immunoglobulin E (IgE), the type of antibodythat contributes to asthma and various allergicdisorders.

Deal Structure: On April 25, 2002, IDEC extended its collaborative research agreement with Seikagaku Corporation to support the clinical development of IDEC-152. Financial terms of the entire collaborative agreement, including the extension, are valued at approximately $60 million.

Partners: Seikagaku Corporation

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