BioCentury
ARTICLE | Finance

Public-Private Partnership Roundup

Highlights of public-private partnerships from 2Q15

July 16, 2015 7:00 AM UTC

There was an increase in PPP activity in 2Q15 over the last quarter. Of the 69 partnerships announced, 14 included big pharma or biotech companies, led by AstraZeneca plc and Takeda Pharmaceutical Co. Ltd., which each announced four.

Google Genomics didn't need its parent Google Inc.'s maps of the world to find the developers of the popular Genome Analysis Toolkit (GATK); it just needed to cross Ames St. in Cambridge to the Broad Institute of MIT and Harvard. In June, the two organizations announced a partnership to put the software in the cloud, which will allow smaller labs to use the system without needing to invest in costly IT...