Merck licenses CRISPR gene-editing technology to Evotec
New Delhi: Merck, recently announced that it has signed a license agreement providing Evotec SE access to Merck's foundational CRISPR intellectual property. Evotec, an international biotechnology company headquartered in Hamburg, Germany, will use Merck's CRISPR genome-editing technology to create edited cell lines for Evotec's commercial and internal research purposes.
Evotec plans to use Merck's CRISPR intellectual property portfolio to develop precisely engineered assays to determine the biology and toxicity for potential drug candidates during the drug development cycle.
"This CRISPR license is the impetus for important drug testing and discovery that promises to accelerate research and lead to the development of new therapies," said Udit Batra, member of the Merck Executive Board and CEO, Life Science. "Merck has been at the forefront of innovation in gene editing for 15 years and continues to work with industry and academia to solve complex problems using our patented CRISPR technology, both ethically and responsibly."
"Evotec is excited to continue its strong partnership with Merck through licensing their groundbreaking CRISPR technology," said Craig Johnstone, Chief Operating Officer of Evotec. "Our vision and passion for innovation include using CRISPR technology to test and improve the efficacy of the new drugs we develop to bring relief to patients suffering from underserved conditions worldwide."
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This new license reinforces past collaborations between Merck and Evotec. In November 2016, the companies entered into a set of agreements whereby Evotec would provide screening services using Merck's collection of genetic reagents including CRISPR and shRNA libraries. Combining access to Merck's genome editing libraries with Evotec's screening expertise offers a faster path to explore and identify new drug targets.
Merck holds 20 CRISPR-related patents worldwide in methods and composition, including the fundamental technology of CRISPR Cas9 for genetic integration in mammalian cells.
Merck supports research with genome editing under careful consideration of ethical and legal standards. The company established an independent, external Bioethics Advisory Panel to provide guidance for research in which its businesses are involved, including research on or using genome editing. Merck has also defined a clear operational position considering scientific and societal issues to inform promising therapeutic approaches for use in research and applications.
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Farhat Nasim joined Medical Dialogue an Editor for the Business Section in 2017. She Covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She is a graduate of St.Xavier’s College Ranchi. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751 To know about our editorial team click here
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