BRIEF-Abcellera To Collaborate With Biogen To Discover Therapeutic Antibodies For Neurological Conditions

Reuters03-11

March 11 (Reuters) - Abcellera Biologics Inc :

* ABCELLERA TO COLLABORATE WITH BIOGEN TO DISCOVER THERAPEUTIC ANTIBODIES FOR NEUROLOGICAL CONDITIONS

* ABCELLERA BIOLOGICS - WILL RECEIVE UPFRONT PAYMENT, SHOULD RESEARCH PROGRAMS ACHIEVE CERTAIN RESEARCH, DEVELOPMENTAL AND REGULATORY MILESTONES

* ABCELLERA BIOLOGICS-ELIGIBLE TO RECEIVE ADDITIONAL MILESTONE PAYMENTS SHOULD RESEARCH PROGRAMS ACHIEVE CERTAIN RESEARCH, REGULATORY MILESTONES

* ABCELLERA BIOLOGICS INC - ABCELLERA IS ALSO ELIGIBLE TO RECEIVE POTENTIAL ROYALTIES ON FUTURE NET SALES OF PRODUCTS THAT RESULT FROM COLLABORATION

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((Reuters.Briefs@thomsonreuters.com;))

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