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Published on 3/30/2006 in the Prospect News Biotech Daily.

ImmunoGen, Millennium extend agreement for tumor-activated prodrug

By Lisa Kerner

Erie, Pa., March 30 - ImmunoGen, Inc. and Millennium Pharmaceuticals, Inc. have extended the agreement giving Millennium certain rights to test ImmunoGen's tumor-activated prodrug technology with antibodies to specific targets.

ImmunoGen also maintains the right to license the technology for product development.

The agreement, scheduled to expire March 30, will now expire on March 30, 2007.

ImmunoGen, Inc., located in Cambridge, Mass., develops targeted anticancer biopharmaceuticals.

Millennium is a biopharmaceutical company based in Cambridge, Mass.


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