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Mercury Therapeutics licenses AMP-activated protein kinase activators to Millipore

May 19, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Company: Millipore Corp. (MIL)

Mercury Therapeutics, Inc., a developer of AMP-activated protein kinase (AMPK) activators, has signed a worldwide exclusive license agreement with Millipore Corporation, a life science company, for the rights to Mercury Therapeutics' human AMPK in the field of research products and services. Both the partners are based in the US.

Under the terms of the agreement, Mercury Therapeutics would receive an upfront license fee, royalties on net sales, and sharing of all sublicense revenue for the life of the agreement. Mercury Therapeutics originally licensed the AMPK patent in 2000 from Dartmouth College.

Katan Associates acted as advisor to Mercury Therapeutics on this transaction. 

Deal Type    Partnership
Sub-Category Acquisition of Rights,Sales
Deal Status  Announced: 2009-05-19

Deal Participants 

Partner 1 (Company) Mercury Therapeutics, Inc.
Partner 2 (Company) Millipore Corporation

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX

Company: Millipore Corp. (MIL)


Related terms: acquisition, advisor, college, licenses, partnership, patent, products, research, revenue, sales

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