Myelin Repair Foundation Grants License for Novel Mouse Model to Biogen Idec, Inc. (Massachusetts) (BIIB)
7/1/2013 8:04:36 AM
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SARATOGA, Calif.--(BUSINESS WIRE)--The Myelin Repair Foundation (MRF) today has granted a non-exclusive sublicense to Biogen Idec (NASDAQ: BIIB) for the use of MRF’s technologies to generate a novel mouse model for all demyelinating diseases, including multiple sclerosis (MS). Biogen Idec, an independent biotechnology company with a strong focus on multiple sclerosis therapies, will use the MRF technology in its in-house drug discovery programs. The Myelin Repair Foundation and Biogen Idec will collaborate to improve the licensed technologies to enhance discovery of myelin repair therapeutics and speed clinical development.
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