Aside from the particularly large upfront payments that Reata Pharmaceuticals Inc. has garnered from its partner Abbott Laboratories Inc. in two record-setting deals, the biotech sees the alliance as a means of beating any potential competition to market, its vice president of product development told “The Pink Sheet” DAILY at a meeting of the New York Academy of Sciences on Dec.15.
At the conference, which focused on chronic kidney disease (CKD), Reata’s Colin Meyer gave scientists an overview of the company’s...