Advertisement

Picture EBD Group BIO-Europe 2018 Copenhagen Denmark Partnerships 600x60px
Document › Details

ERS Genomics Ltd.. (12/5/17). "Press Release: Horizon Extends Industry-Leading Gene Editing IP Portfolio through Expansion of CRISPR License Rights with ERS Genomics". Dublin & Cambridge.

Organisations Organisation ERS Genomics Ltd.
  Organisation 2 Horizon Discovery Group plc (LSE: HZD)
  Group Horizon Discovery (Group)
Products Product CRISPR gene editing technology
  Product 2 reagents (bio/biochemical)
Index term Index term Horizon Discovery–ERS Genomics: CRISPR technology, 201712– license ww non-excl expansion
Person Person Disley, Darrin M. (Horizon Discovery 201109 CEO before Commercial Director)
     


> Breadth of research use rights now expanded to include multiple new species

> Grant of rights to have products made and sold by partners

> Grant of sub-licensed rights to one spin-out company


ERS Genomics Ltd. and Horizon Discovery Group plc (LSE: HZD) (“Horizon” or “the Group”), a global leader in gene editing and gene modulation technologies, today announce the extension of their pre-existing non-exclusive, worldwide license agreement to significantly expand Horizon’s license coverage for the use of the CRISPR gene editing technology. This will enable Horizon to use CRISPR in multiple new areas across its products and services, providing access to additional revenue streams in new and existing markets, and further reinforcing Horizon’s leadership position in gene editing and cell biology.

ERS Genomics was formed to provide broad access to the foundational CRISPR intellectual property held by co-inventor and co-owner Dr. Emmanuelle Charpentier. With that patent having been granted in Europe, China, Australia, New Zealand, Singapore, Hong Kong and Mexico as of December 1, 2017, Horizon has taken the opportunity to expand the Group’s license rights to include:

> The grant of research rights for the identification of novel genetic traits in species relevant to disease model generation and the industrial production of certain animals, including mouse, rat, chicken, fish, pig and rabbit, enabling Horizon to generate new streams of revenue through the provision of high-value products and services to this market

> The grant of new rights to have Horizon products made and sold by partners. These rights support Horizon’s original equipment manufacturer (OEM) strategy, and will enable new relationships to be developed across Horizon’s products business

> The inclusion of one joint venture or spin-out in which Horizon has a significant minority interest, allowing that entity to use CRISPR for its own internal research without an additional license being required

This license extension builds on an original agreement with ERS Genomics announced in 2014. The original agreement was for the use of CRISPR technology for research purposes, including for the development and sale of tools, kits and reagents for use in research and diagnostics, and the performance of research services on behalf of clients and to support internal programmes. In January 2017, the license was amended to include the full commercial rights for the use of CRISPR gene edited cell lines for the Good Manufacturing Practices (GMP) manufacturing of biotherapeutics.

Mr. Eric Rhodes, Chief Executive Officer, ERS Genomics said: “Our strong commercial relationship with Horizon has proven to be highly beneficial for both parties. By enabling Horizon’s continued expansion into novel markets through this expanded license, both organisations are able to gain access to additional revenue streams.”

Dr. Darrin Disley, Chief Executive Officer, Horizon Discovery, commented: “Horizon was the first company to take a license for CRISPR from ERS Genomics, and currently holds what we believe to be the broadest access to this technology. CRISPR is a key component of our gene editing strategy, and has enabled us to become the ‘Cell Builders’ of choice for partners and customers whose aim is to design, engineer and apply gene-edited cells. Now, through this expanded license we are able to provide unencumbered access to the benefits of this cutting-edge technology for an increased range of high value products and services.”


ERS Genomics was formed to provide broad access to the foundational CRISPR/Cas9 intellectual property held by Dr. Emmanuelle Charpentier. Non-exclusive licenses are available for research and sale of products and services across multiple fields including: research tools, kits, reagents; discovery of novel targets for therapeutic intervention; cell lines for discovery and screening of novel drug candidates; GMP production of healthcare products; production of industrial materials such as enzymes, biofuels and chemicals; and synthetic biology. For additional information please visit www.ersgenomics.com.



Contact ERS Genomics:
MacDougall Biomedical Communications
Mario Brkulj or Cammy Duong
Main: +49 89 24243494 or +1 781 235 3060
mbrkulj@macbiocom.com or cduong@macbiocom.com

   
Record changed: 2017-12-15

Advertisement

Picture EBD Group Bio-Europe 2018 Copenhagen Denmark November 600x60px

More documents for ERS Genomics Ltd.


To subscribe to our free, monthly newsletter for the European life sciences, please send an e-mail to info@iito.de and simply fill the subject line with the word »LSE Newsletter«

To get even more information, please take a look at our [gs] professional services offering and read the gene-sensor Product Flyer [PDF file]

Please visit also our web portals for the life sciences in German-speaking Europe (DE, AT & CH) and the worldwide mass spectrometry industry at Life-Sciences-Germany.com (life sciences in German-speaking Europe) and Mass-Spec-Capital.com (worldwide mass spectrometry)

Advertisement

Picture EBD Group BIO-Europe 2018 Copenhagen Denmark Partnering Open 600x60px




» top