Top stories of the week: Thumbs up/Thumbs down
Endpoints assesses the big biopharma R&D stories of the week, with a little added commentary on what they mean for the industry.
Celgene taps its new biotech co-star
This was the perfect week to answer a question I’ve been thinking about regarding Celgene. The Big Biotech, which has specialized in lining up rich deals for star collaborators, has settled on Jounce as its latest pick for up-and-coming biotech with the most potential. Celgene has been stitching together a whole pipeline of immuno-oncology drugs through its BD team, headed by George Golumbeski. Our chart on all its pacts, and the $3.2 billion it spent on deals over the past two years, proved to be the most popular part of the week. Those deals also illustrate how industry partnerships drive new programs. Important point: It’s not over at Celgene.
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