Lexicon Genetics Inc., American Home Products deal

AHP received access under LEXG's OmniBank Internet Universal program to knockout mice generated from LEXG's OmniBank library and custom knockout technology. AHP also has an option to access LEXG's Seek-Target-Validation program to determine function and pharmaceutical relevance of selected mouse genes. Lexicon will receive annual access fees and is eligible for royalties. Separately, AHP received a sublicense to use LEXG's positive-negative selection and isogenic DNA technology in the pharma company's internal research. ...