Dyax Corp. and AVEO Pharmaceuticals Announce Antibody Library License Agreement

News source: Business Wire Dyax Corp. and AVEO Pharmaceuticals, Inc. announced today that Dyax has granted AVEO a non-exclusive license to Dyax's proprietary antibody phage display libraries for the discovery and development of therapeutic antibodies. Dyax's human antibody phage libraries combine gene fragments from human donors with strategically designed synthetic DNA, and are used to identify high-affinity human antibodies that bind to numerous therapeutic targets, including cell surface proteins such as tumor cell markers, viral antigens, enzymes, and glycoproteins. "Dyax's phage display technology is a powerful and proven platform for rapidly generating human antibodies, a therapeutic approach with realized potential," remarked Tuan Ha-Ngoc, President and Chief Executive Officer of AVEO. "Access to Dyax's... [read full story]