AstraZeneca Turns To Celgene To Maximize Potential Of Its PD-L1 Inhibitor Program

AstraZeneca says partnering with Celgene on its PD-L1 asset MEDI4736 will maximize potential of its immuno-oncology pipeline in hematology, while a simultaneously agreed-upon alliance with Innate Pharma of France will further strengthen the pure pharma’s cancer-fighting franchise.

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...

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