At Windhover's March 2008 Pharmaceutical Strategic Outlook meeting one overriding theme was an alliance paradox: values continue to rise and deals provide an increasingly important source of funds for biotechs, yet public investors don't seem to like these deals. Plus: a discussion of big-pharma outlicensing and the importance of CFOs in pharma strategy.
Windhover’s Biopharma Team
Biotechs have always relied on four sources of financing: venture capital, public equity, M&A, and alliances. When one or the...
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