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Role Reversal: Big Pharma Provides Rich Pickings for Biotech

 
• By Hazel Hicks

Big Pharma is looking for innovative ways to realize value from non-core assets--including discovery technologies. The U.K.'s Proteome Sciences is the latest European biotech to benefit, as Aventis clears out its house.

Big Pharma is looking for innovative ways to realise value from non-core assets—including discovery technologies. The UK's Proteome Sciences is the latest European biotech to benefit, as Aventis clears out its house.

For more than a decade, start-ups have sought to convince drug companies to sell them the drugs and drug candidates...

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