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January 27, 2014
07:12 EDTMKGAYMerck KGaA CFO Matthias Zachert to step down
Matthias Zachert, Group CFO of Merck KGaA, Darmstadt, Germany, has informed the Chairman of the Family Board, Frank Stangenberg- Haverkamp, as well as the Chairman of the Merck KGaAExecutive Board, Karl-Ludwig Kley, that he has received the offer to be appointed as CEO of Lanxess AG, Cologne, Germany. He therefore asked for an early release of his duties. Merck will accept his request. The effective date will be announced in due course.
News For MKGAY From The Last 14 Days
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March 30, 2015
08:12 EDTMKGAYIntrexon, Merck Serono announce agreement for CAR-T development
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08:12 EDTMKGAYZiopharm-Intrexon announce collaboration with Merck KGaA for CAR-T products
ZIOPHARM Oncology (ZIOP) and Intrexon (XON) announced their oncology programs will be strengthened through Intrexon's new global collaboration focused exclusively on novel chimeric antigen receptor T-cell, or CAR-T, products with Merck Serono, the biopharmaceutical division of Merck KGaA (MKGAY). Intrexon will share the economic provisions of this collaboration, including upfront payment, milestones and royalties, equally with ZIOPHARM. Under the collaboration Merck Serono will elect CAR-T targets, two initially, for which it will provide certain research funding. Through its agreement with Intrexon, ZIOPHARM will be responsible for any additional research and development expenditures. Once these candidates reach investigational new drug stage, the programs will be transferred to Merck Serono for clinical development and commercialization. ZIOPHARM and Intrexon will also independently conduct research and development on other CAR-T candidates, with Merck having the opportunity during clinical development to opt-in. ZIOPHARM's other oncology programs will continue through its Exclusive Channel Collaboration with Intrexon.

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