Deals In Depth: August 2017
Executive Summary
Dermira aims to develop Roche's discontinued asthma antibody lebrikizumab in atopic dermatitis, in a deal worth $1.4 billion; Gilead entered CAR-T race with $11.9 billion buy of Kite Pharma. Biopharma funding was way up thanks to a $1.1 billion fundraise by Roivant Sciences.