NIH al­lies with 11 top can­cer bio­phar­ma play­ers in $215M dri­ve to ex­plore bio­mark­ers, speed R&D

A who’s who of can­cer drug R&D com­pa­nies have band­ed to­geth­er to help fund a $215 mil­lion dri­ve at the NIH to ex­plore rel­e­vant bio­mark­ers that can help fo­cus im­munother­a­pies on the right pa­tient pop­u­la­tion while cut­ting the amount of time it takes to dri­ve bet­ter stud­ies through the clin­ic.

The NIH plans to put up the bulk of the mon­ey it­self, up to $160 mil­lion — de­pend­ing on its bud­get — while each of the bio­phar­ma com­pa­nies in­volved put up $1 mil­lion each for 5 years for an­oth­er $55 mil­lion.

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