Schering, Avid partner on Alzheimer's agents

AuntMinnie.com staff writers
Jul 16, 2006

German contrast media firm Schering is partnering with molecular imaging developer Avid Radiopharmaceuticals to develop diagnostic imaging agents for Alzheimer’s disease.

Philadelphia-based Avid produces compounds that bind to the amyloid plaques in the brain that are thought to cause Alzheimer’s disease. Under the terms of the agreement, Schering will have the option to assume exclusive rights to develop and commercialize such compounds for use with PET scanning technology, according to Schering of Berlin.

By AuntMinnie.com staff writers
July 17, 2006

Related Reading

Bayer reaches 88% stake in Schering, June 21, 2006

Schering divests CIS radiopharma unit, May 8, 2006

Schering board endorses Bayer offer, April 19, 2006

Schering supports Bayer offer, Merck withdraws, March 24, 2006

Avid gets funding for new radiotracer, January 25, 2005

Copyright © 2006 AuntMinnie.com

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