Corporate | 10 April 2002 08:00
Rhein Biotech N.V.
english
License Agreement with Crucell for PER.C6 Cell Line
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Dutch antibody and vaccine company Crucell N.V. (NASDAQ, Euronext: CRXL) and
Rhein Biotech N.V., a global biotechnology company specialized in vaccines
(Neuer Markt: RBO), today announced that they have converted their research
collaboration into a commercial license agreement, wherein Crucells PER.C6 cell
line will be used by Rhein Biotech for the development and manufacturing of a
new improved vaccine against Japanese Encephalitis.
The new agreement builds on the successful joint research program performed at
Rhein Biotechs subsidiary GreenCross Vaccine Corp. In this program, feasibility
studies have shown positive and convincing results for an improved vaccine
against Japanese Encephalitis developed on Crucells PER.C6 cell line.
Details of the Agreement
Rhein Biotech has obtained a worldwide license to use Crucells PER.C6 cell line
to develop and commercialize a vaccine against Japanese Encephalitis. Crucell
will receive upfront and annual payments, as well as milestone payments and
royalties on net product sales. Financial details of the agreement were not
disclosed.
The results of the program revealed the outstanding quality of the PER.C6 cell
line as a manufacturing platform for our leading Japanese Encephalitis vaccine,
says Daan Ellens, CEO of Rhein Biotech. We expect that with the development
and production of this 2nd generation vaccine we can significantly increase our
market shares both in Asia as well as in industrialized nations.
We are very pleased to work with Rhein Biotech, which is one of the leading
parties in the field of Japanese Encephalitis vaccine and has an established
marketing position in Asia says Dinko Valerio, CEO of Crucell. The results of
the program as well as the new agreement confirm again that the PER.C6 cell line
has become an industry standard. It is a safe and scalable system that
adequately fulfills the vaccine industrys requirements.
PER.C6
PER.C6 is a human cell platform for the development and manufacturing of bio-
pharmaceutical products such as antibodies, proteins and vaccines. The superior
yields and scalability of PER.C6, as well as the extensive history and safety
documentation render PER.C6 the safe, cost effective and large-volume
manufacturing platform that the pharmaceutical industry requires. Having
launched the use of PER.C6 as a vaccine platform through an exclusive licensing
agreement with Merck & Co. for their HIV vaccine, Crucell aims to expand its
PER.C6 business in the field of vaccines. The current agreement with Rhein
Biotech endorses this strategy.
Japanese Encephalitis Vaccine
Japanese Encephalitis is the leading cause of viral encephalitis in the greatest
part of Asia. The majority of the people living in the endemic areas are
infected with the
virus before the age of 15. More than 50.000 children suffer from encephalitis
each year of which around 10.000 die. Annual campaigns by GreenCross Vaccine
have proven the relevance of vaccination by drastically reducing the incidence
of Japenese Encephalitis in Korea.
In 1969, Rhein Biotechs subsidiary GreenCross Vaccine was one of the first
companies worldwide to market a vaccine against Japanese Encephalitis. The
vaccine is used to protect children living in and people travelling to the
endemic areas. Rhein Biotech is currently one of only two companies selling
Japanese Encephalitis vaccines to travellers in Europe. The new cell-derived
Japanese Encephalitis vaccine developed using the PER.C6 cell line will have
advantages over the conventional Japanese Encephalitis vaccine in terms of
safety, production costs and production capacity. It is therefore expected that
this will lead to a wider range of recommendations for vaccination against
Japanese Encephalitis, especially in industrialised countries. Improved
production capacities will open up further vaccine supply opportunities also to
endemic areas.
For further information please contact:
Crucell N.V.
Company Contact:
Ronald Brus
Executive VP Business Development
Tel. +31-(0)71-524 8723
Fax. +31-(0) 71-524 8935
r.brus@crucell.nl
Rhein Biotech N.V.
Company Contact:
Marcel Jacobs
Communication Manager
T: +31 (0)43 / 35 67 894
F: +31 (0)43 / 35 67 899
E: m.jacobs@rheinbiotech.com
end of message, (c)DGAP 10.04.2002