Big pharma outlines deal-making initiatives at ERBI
This article was originally published in Scrip
Executive Summary
Deal-making has become an important survival strategy for small to medium-sized biotechnology companies in the current credit squeeze, and pharmaceutical companies are keen to take advantage of the early-stage collaborative drug discovery and development opportunities on offer, delegates heard at the 11th annual ERBI Cambridge BioPartnering Exchange conference, which is taking place in the UK this week.
You may also be interested in...
UK Reimbursement Decisions Focus Mostly On Cancer
The UK's main reimbursement bodies made a series of decisions this week that were broadly favorable and largely focused on oncology medicines.
Deal Watch: Valeant Sells Off iNova To Finance Debt-Reduction Efforts
While troubled Valeant was divesting iNova to private equity investors, Novartis announced a pair of oncology-focused deals, out-licensing a brain cancer drug to Midatech and partnering with IBM Watson Health to optimize breast cancer treatment.
Pfizer/Astellas Amend Trial To Position Xtandi In Early Prostate Cancer
Astellas and Pfizer have amended the PROSPER trial protocol in a bid to position Xtandi ahead of Zytiga in the early stage prostate cancer market.