US biopharmaceutical company Celgene (Nasdaq: CELG) will partner with Oxford Sciences Innovation (OSI), taking certain option rights related to therapeutic developments in the field of cancer and immune-inflammatory diseases.
OSI is an investment fund set up to provide capital and scaling expertise to businesses, including many driven by intellectual property developed at Oxford University. Pharmaceutical investments support research undertaken in the life sciences and medical sciences divisions of the world-renowned university.
Life sciences investment lead at OSI Dr Andrew McLean stated: “This is an incredibly exciting opportunity for OSI. The medical sciences work in Oxford pushes the frontier of our understanding of biological systems and disease.”
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