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Pearl gets AstraZeneca into LAMA/LABA race, plus COPD triple therapy
Related tables, figures and sidebars
Triple advantage in COPD
Monday, July 15, 2013
plc's acquisition of Pearl Therapeutics Inc. gives the pharma an entry
point into the LAMA/LABA race and a platform to build out other combination
products. While the Pearl programs may be a couple of years behind competitors,
AZ is betting that better stability and dosing consistency could result in
products that are best in class.
On July 1, AstraZeneca
completed its acquisition of Pearl for $560 million up front. The biotech's
investors will be eligible for up to $450 million in development and regulatory
milestones, plus up to $140 million in sales milestones. Investors had put in
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