Pharma Deals Review, Vol 2009, No 1 (2009)

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Wyeth Deals Signal Diversification Strategy

Taskin Ahmed

Abstract


Wyeth and Santaris have entered into an agreement to develop new drugs based on Santaris’ Locked Nucleic Acid drug platform that could treat protein-related diseases. Wyeth is diversifying into biotech and this deal adds another technology to increase the company’s capability to bring new drugs onto the market.

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