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.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze