2. Novartis and Antisoma
Who: Novartis
With: Antisoma
What: $890 million licensing deal
Summary: With money from the sale of two major divisions burning a hole in its pocket, Novartis inked a massive deal for the worldwide rights to Antisoma's AS1404, a lung cancer therapy currently in mid-stage testing. Novartis agreed to pay up to $890 million for the drug. Antisoma’s presentation of positive Phase II results involving patients with non-small cell lung spurred Novartis into snapping up the drug. In addition, data from other Phase II trials in ovarian and prostate cancers indicate increased response rates through the addition of AS1404 to standard chemotherapy. Release
Related Articles:
Novartis inks $890M cancer therapy deal. Report
Antisoma trial delivers positive returns. Report
Antisoma drug flunks ovarian cancer trial. Report
Be the first to comment
Comments
Post new comment
Paid Research Reports
- Leading Drug Delivery Companies and Technologies: Competitive landscape, company profiles and technological developments
- Drug Repositioning Strategies - Serendipity by design
- eHealthInsight Series: Online Patient Recruitment Strategies - Optimizing the clinical trial process
- Pricing & Reimbursement - Seven Major Markets Update
- Innovative Clinical Trial Design and Management: Trends, success stories and impact upon R&D budgets