Aevi Genomic Medicine Announces Expansion of its Collaboration with The Children's Hospital of Philadelphia
"We are extremely pleased with our ongoing relationship with CAG which has resulted in two clinical development programs at Aevi Genomics," said
Under the terms of the amendments, Aevi Genomics received options to extend its exclusive access to certain rare and orphan disease data from the CAG biobank to identify genetic mutations underlying specific rare and orphan diseases. Aevi Genomics will utilize these data to inform the rational search and acquisition process used to identify development candidates for advancement into therapeutic and diagnostic products for sick children.
The amendment to the Company's license agreement with CHOP requires the Company to pay an annual option fee. Aevi Genomics will also continue to sponsor translational research efforts at CAG via the SRA through
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