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Baxter Healthcare

Executive Summary

Joint R&D agreement with Somatix Therapy will focus on using gene therapy to develop a treatment for hemophilia, the companies announce Nov. 3. Baxter will have worldwide marketing rights to "non-autologous cells, genetically modified with Somatix's MFG retroviral vector," which Baxter will incorporate into its proprietary membrane device and evaluate in clinical trials. Somatix will receive milestone payments and royalties.
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PS023536

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