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Is AstraZeneca/Sanofi Library Exchange Open Innovation's Future?

 
• By Sten Stovall

Taking collaboration to a new level within Big Pharma, AstraZeneca PLC and Sanofi SA have agreed to share 210,000 of their proprietary chemical compounds from their respective libraries in a bid to increase the number of leads for new medicines. No money will change hands, both companies will be free to use the compounds without restriction, and any profits resulting from one of the two's successful development of a drug using the library would not be shared.

Taking collaboration to a new level within Big Pharma, AstraZeneca PLC and Sanofi SA have agreed to share 210,000 of their proprietary chemical compounds from their respective libraries in a bid to increase the number of leads for new medicines. No money will change hands, both companies will be free to use the compounds without restriction, and any profits resulting from one of the two's successful development of a drug using the library would not be shared.

AstraZeneca and Sanofi each selected the compounds to exchange based on differences from those in their own libraries. The companies believe their deal's size and lack of commercial commitments and...

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