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Thursday, January 15, 2015 6:55:42 AM
Now JUST IN CASE you meant 2013 and the PIII approval. Yes, Cotara in Brain is a NICHE market (hence the orphan drug in US and EU granted and Fast Track because there is a need).
But THEY DID IT! The got the PIII approved and said they will NOT invest in it because Bavituximab is the FOCUS and hence try to find a partner. And in a NICHE that takes time because the partner must evaluate PPHM Cost = PIII cost versus market and ROI. And since Cotara works for all solid tumours you'll have legal discussions to what extend a partner (or buy-out) would be able to use Cotara and in what countries.
Takes time. Just comparing it to any other regular, more mainstream, drug negotiations is to simple.
Peregrine Pharmaceuticals the Microsoft of Biotechnology! All In My Opinion. I am not advising anything, nor accusing anyone.
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