By Ellen Foster Licking
In late December, AstraZeneca PLC signed a licensing deal worth up to $1 billion dollars with the Georgia-based biotech...
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AstraZeneca agreed in late December to pay AtheroGenics a $50 million upfront fee and another $950 million in regulatory and commercial milestones for the biotech's VCAM-I inhibitor AGI-1067. Though many heralded the deal as a win-win for both companies, a closer analysis shows that AtheroGenics continues to shoulder the development costs--and risks--of the Phase III product.
By Ellen Foster Licking
In late December, AstraZeneca PLC signed a licensing deal worth up to $1 billion dollars with the Georgia-based biotech...
Create an account to read this article
Already a subscriber?
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