Companion Diagnostics Move Toward Mainstream Drug Development
With FDA planning to release guidelines on companion diagnostics by year's end, private sector activity around biomarkers appears ready to accelerate. Pharma companies are taking different strategies to incorporate companion diagnostics into their drug development programs, and experimenting with different applications for co-developed products. The relationship between Pharma and diagnostics companies is evolving, with Pharma leading the way. The pace of dealmaking is picking up, but in negotiating partnerships, both sides are still struggling with how to reconcile their different business models, cost structures, and appetites for risk.
By Wendy Diller
On February 25, in a speech to the Personalized Medicine Coalition (PMC), Food and Drug Administration (FDA) Commissioner Margaret Hamburg, MD, had welcome news for those interested in the rapidly...
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