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Home › Don't expect the V Foundation to make a billion-dollar royalty deal a la the CFF

 

Don't expect the V Foundation to make a billion-dollar royalty deal a la the CFF

2014-11-25 20:58:23| Biotech - Topix.net

Don't expect the V Foundation to make a billion-dollar royalty deal anytime in the near future; that's not a part of its playbook. Last week, the Cystic Fibrosis Foundation sold royalty rights to drugs by Vertex Pharmaceuticals for $3.3 billion , or 17 times its revenue from 2012.

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Category:Biotechnology and Pharmaceuticals

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