EXCLUSIVE: Big Pharma turns to R&D collaborations to cut risks, expenses

2 September 2015

Research and drug development collaborations have been a swelling up in the recent months as companies look to pick up strategic partnerships in a bid to expand the base for research.

Latest in the line is Swiss drug giant Novartis’ (NOVN: VX) new collaboration with biotechnology firm Amgen (Nasdaq: AMGN) to develop new treatments for Alzheimer's disease.

The two way partnership opens up Novartis’ drug candidate for Alzheimer’s, CNP520, to Amgen. In addition, Novartis gains access to Amgen’s pipeline of migraine drugs, for further study and development.

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