With thin margins, it’s tough for contract research organizations to stomach any of the ample risk involved in drug development. Some have opted to spin out risk-sharing entities, as Pharmaceutical Product Development Inc. did with Furiex Pharmaceuticals Inc. in 2010, capitalizing it with $100 million Also see "CROs And Biopharma Weigh The Balance Of Risk And Responsibility" - Pink Sheet, 12 August, 2013..
Now, Furiex is on the cusp of flipping the cards on two Phase III trials for eluxadoline. In a 2011...
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