Feb 18 2010
BG Medicine, Inc. today announced that it has entered into a research
collaboration with Merck, through a subsidiary, for the development and
validation of a novel biomarker with potential application in the
management of lipid disorders. BG Medicine will pursue development and
validation of an immunoassay and investigate its clinical utility as a
biomarker. If successful, BG Medicine plans to complete the development
and validation studies and seek regulatory clearance for the test.
“This project holds the potential to improve the management of a common
disorder that plays an important role in the risk for heart attack and
stroke, two of the most deadly medical conditions of our time”
Under the agreement, Merck has granted BG Medicine a semi-exclusive
license to certain Merck intellectual property and technologies for use
and development of a candidate in vitro diagnostic test in
exchange for certain testing services, data sharing, and other
considerations. BG Medicine is eligible for certain payments upon
achievement of established milestones.
“This project holds the potential to improve the management of a common
disorder that plays an important role in the risk for heart attack and
stroke, two of the most deadly medical conditions of our time,” said
Pieter Muntendam, MD, President and CEO of BG Medicine.
Source BG Medicine