Prior to acquiring a worldwide license to Mitsubishi Pharma Corp. 's MCC-555 (netoglitazone) in April [See Deal], Perlegen Sciences Inc. had not applied its whole-genome-scanning platform to the drug. According to chief corporate development officer Rob Middlebrook, it didn't make sense for Perlegen to do a genetic analysis at its own expense before the company knew it would get rights to the compound.
The decision highlights a dilemma being discussed in boardrooms of personalized medicine companies pursuing in-licensing, including genotypers and systems biology...
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