Pharma licensing deals soared to record $46.2 billion 2015, report shows
The value of licensing deals in the pharmaceutical industry increased by 37.1% to $46.2 billion in 2015, according to research and consulting firm GlobalData.
This rise of $12.5 billion from the $33.7 billion total in 2014 was due primarily to the activity of French pharma major Sanofi (Euronext: SAN), which struck three licensing deals that totaled nearly $9 billion.
These included the sizeable $4.3 billion partnership with South Korea’s Hanmi Pharma (128940: KS) to develop a portfolio of experimental, long-acting diabetes treatments.
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