Friday, April 29, 2016 12:58:04 PM
http://www.businessinsider.com/stemcentrx-acquired-by-abbvie-2016-4
"Our mission, which is similar to the mission of many other companies, is to cure or significantly impact survival for cancer patients," Scott Dylla told The Stem Cell Podcast in December 2015.
Venture capital firms are eyeing the M&A that's the bread and butter of pharma companies looking to build up their pipeline. For example, pharma giant AstraZeneca picked up a $4 billion stake in Acerta, a relatively small cancer drug. These deals happen all the time, and in the frenzy of M&A, things are getting earlier and earlier stage.
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