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Trends in Japanese Alliances

As consolidation pressures wrack the Japanese pharmaceutical industry some retrenchment in Japanese inlicensing has followed. We examine recent trends in Japanese licensing.

As consolidation pressures wrack the Japanese pharmaceutical industry some retrenchment in Japanese inlicensing has followed. (See "Roche/Chugai Blaze a Trail...But Will Anyone Follow?" Also see "Roche/Chugai Blaze a Trail...But Will Anyone Follow?" - In Vivo, 1 January, 2002. and "Merck/Banyu: A Harbinger of More Western-Japanese Deals?" IN VIVO, January 2002 and February 2003 Also see "Merck/Banyu: A Harbinger of More Western-Japanese Deals?" - In Vivo, 1 February, 2003..)

Japanese players have always been far more interested in early-stage deals, with half to two thirds of all their deals per year signed prior to the clinical phase (see Exhibit...

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