Roche Ends PDL BioPharma Pact

rochePDL BioPharma, the Fremont, Calif.- based biopharmaceutical company, said that Swiss Roche will discontinue its agreement with PDL to jointly develop and commercialize daclizumab for organ transplant patients on longer-term maintenance therapy.

The co-development agreement between PDL and Roche will formally terminate in May 2007.

Roche made this decision subsequent to a periodic internal review of its development programs.

This decision follows another decision by Roche earlier this year to discontinue its involvement in the co-development of daclizumab for the treatment of asthma.

As a result, PDL will hold exclusive development and commercial rights to daclizumab for transplant maintenance.