Danish and Belgian biotech firms in licensing agreement  

2003.03.21
Denmark's Exiqon and Belgium's Eurogentec group have agreed a licensing deal for Exiqon’s Locked Nucleic Acid technology

The Danish biotech company Exiqon and the Belgium-based Eurogentec group have announced the signing of a license agreement for Exiqon’s Locked Nucleic Acid (LNA) technology, reports biotechdenmark.dk. Under the terms of the agreement, Eurogentec has acquired non-exclusive rights to manufacture and sell LNA oligonucleotides and services for the genomics research market and will receive from Exiqon the know-how regarding LNA as well as raw materials. Financial terms of the agreement were not disclosed.

 

Exiqon is a privately held company located in Medicon Valley near Copenhagen. The company's main commercial strategy is out-licensing and partnering, and LNA is one of Exiqon's unique proprietary technologies. Eurogenic was founded in 1985 as a spin off from the University of Liège, and specialises in oligonucleotide and peptide synthesis, DNA sequencing, monoclonal and polyclonal antibody production, DNA array and transgenic services.

 

In May 2002, a delegation of Danish biotech companies met Belgian counterparts at a conference in Brussels, as part of a state visit to Belgium by Her Majesty Queen Margrethe and HRH Prince Henrik.

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