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The Pharma or Biotech Deal Communicated
Appeared November 5, 2003 in Pharmalicensing
Article Synopsis:
In the absence of profitability, unlike most other for-profit entities, a biotech
company relies on news flow as one of the most important measurements of
progress. Signing a collaborative agreement is an example of a newsworthy
event that can demonstrate how a company is speeding along the product or
service development timeline towards profitability. The forms and types of
collaboration agreements are quite varied but in essence they all have one
thing in common they substantiate how a company is delivering on its
strategic objectives. Whether licensing a product to a large pharmaceutical
company, or sharing the development costs with a peer biotech, such agreements
are signed every day. They are also communicated daily but with different
levels of success.
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