BioCentury on BioBusiness,
Lexicon outgrows a deal
Monday, October 2, 2000
Deals that are good at one stage of a company's life can become
impediments at another. That was the case with the 1997 agreement between Lexicon
Genetics Inc. and the Merck Genome Research Institute. The parties last week
agreed to terminate the deal, under which Merck Genome provided funding for
the development of LEXG's gene trapping process for production of the company's
OmniBank library of knockout mouse clones for functional genomics research.
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