Top Alliance Of 2016: Cast Your Vote!
Executive Summary
It's time once again for In Vivo's Deal of the Year contest. We've selected 15 nominees in three categories – Top Alliance, Top Financing and Top M&A – and you get to pick the winners. (It's free.)
In Vivo's Top Alliance Of 2016 – The Nominees Are:
Synthetic Bio Tie-Up: Synologic received big pharma validation of its technology in early February, signing its first-ever partnership, a multiyear collaboration with AbbVie to develop "synthetic biotic" therapies for Crohn's disease and ulcerative colitis. [See Deal]
Cigna Pays If PCSK9s Perform: In May, Cigna signed value-based contracts with Amgen and Sanofi/Regeneron for their cholesterol-lowering drugs Repatha and Praluent. The drugmakers will discount the products more steeply if LDL levels don't drop.
Verily We Roll Along: Google-owned Verily Life Sciences formed diabetes and neuromodulation joint ventures with big pharmas GlaxoSmithKline (August) and Sanofi (September). [See Deal][See Deal]
AZ Drops Assets: In October, AstraZeneca completed five out-licensing deals cumulatively worth more than $1 billion, the busiest month by far in its year-long purge of non-core assets. [See Deal][See Deal][See Deal][See Deal][See Deal]
Bayer Buys Into Gene Editing: In August, Bayer and CRISPR Therapeutics unveiled their $335 million joint venture Casebia Therapeutics, which will use CRISPR's gene editing technology to develop drugs for blood disorders, blindness and congenital heart disease.
CLICK HERE Here To Cast Your Vote For The Most Significant Strategic Alliance Of 2016
Coming Up Next In IVDOTY16: Top Financing And Top M&A