Abcam Signs Exclusive License Agreement with Roche
22 January 2018
- The product portfolio of Spring Bioscience Corporation to be licensed to Abcam for research use only (RUO) applications
- The portfolio includes 243 recombinant rabbit monoclonal antibodies
Abcam (AIM: ABC), a global leader in the supply of life science research tools, is pleased to announce that it has entered into a definitive license agreement with Roche. Under the terms of the agreement Abcam will obtain the exclusive rights to the product portfolio of Spring Bioscience Corporation (“Spring”) in the research use only (RUO) field of use, comprising a total of approximately 760 unique products (the “Spring Portfolio”). Roche, which acquired Spring in 2007, will retain the antibody development capabilities and rights pertaining to the Spring Portfolio for internal research, companion diagnostic and IVD uses.
The core portfolio consists of 243 recombinant rabbit monoclonal antibodies, branded Spring Proprietary Clones (SP Clones), which have been optimised for immunohistochemistry (IHC). In addition to the SP Clones, the agreement covers approximately 500 additional products, predominantly other monoclonal and polyclonal antibodies. All products will be sold under the Abcam brand, inclusive of SP branding, and are expected to be available through Abcam.com from 21 February 2018.
Under the terms of the agreement, Abcam has also been granted exclusive RUO rights for all future products developed by Spring that Roche requests to be commercialised in the RUO field of use for an initial period of 10 years and then extendable on mutually agreeable terms.
Financial terms of the agreement have not been disclosed.
Alan Hirzel, CEO of Abcam, said:
“This agreement represents an exciting step in the ongoing collaborative and long-term relationship between Abcam and Roche. By incorporating the Spring Bioscience antibodies into our portfolio, we will be able to better assist our customers, providing them with more products for their most important targets, faster. Abcam is excited to partner with Spring Bioscience, commonly recognised as a leading manufacturer of IHC antibodies, furthering Abcam’s mission to provide customers with the highest quality recombinant antibodies for their research.”