AstraZeneca PLC is moving its collaborative externalization strategy a notch higher with two new alliances aimed at developing its anti-PD-L1 immune checkpoint inhibitor MEDI4736 – one with blood cancer specialist Celgene Corp. and another with French biotech Innate Pharma SA.
The British pure pharma said the two latest alliances are aimed at maximizing the value of its assets while recognizing that it cannot do everything, but added that the Celgene alliance in hematology could transform AstraZeneca’s immuno-oncology prospects
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