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Shire And Atlas Venture To Work Together To Incubate Rare Disease Research Projects

Collaboration will create start-up biotechs to advance promising research in orphan indications, but the companies will not take a “cookie cutter” approach to structure or evolution.

One of pharma’s biggest success stories in recent years and one of venture capital’s major players in the life sciences, Shire PLC and Atlas Venture, have agreed to a multi-year collaboration to incubate early-stage research programs for rare disease therapeutics.

Under the deal announced Dec. 15, representatives from Shire and Atlas will work together to vet research proposals worthy of being housed in start-up biotechs, which would be co-financed by the two entities

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