Pharma Deals Review, Vol 2009, No 2 (2009)

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Novartis Pays US$75 M for Portola's Anticoagulant

Taskin Ahmed

Abstract


Novartis is to pay US$75 M upfront for the worldwide rights to elinogrel, an anti-platelet drug developed by Portola Pharmaceuticals. In early clinical trials the drug demonstrated several clinical advantages over the current standard treatment, Plavix®, and could fill a significant treatment gap.

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