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Banyan Biomarkers signs pharma licensing deal with Abbott

Posted on 29 August 2014

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Banyan Biomarkers has licensed its intellectual property related to traumatic brain injury (TBI) biomarkers to Abbott for assessment and verification .

The terms of the in a pharma licensing agreement were not disclosed.

Detecting concussions is often difficult because the physical damage may not be obvious, a CT scan is often normal and symptoms can be similar to those of other medical conditions. Failure to make a correct diagnosis may have serious implications for the patient.

In fact, the research indicates that repetitive head injury may lead to chronic traumatic encephalopathy (CTE) which shares many features of Alzheimer’s disease, Parkinson’s disease, and amyotrophic lateral sclerosis (ALS).

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Report: Partnering Agreements with Abbott 2009-2014

Report: Biomarker Partnering Terms and Agreements

Report: Traumatic Brain Injury Partnering 2009-2014

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