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Adimab Inks Merck, Roche Deals and Banks on the Value of Discovery

 
• By Chris Morrison

Adimab, the yeast-based antibody discovery biotech, has signed its first two alliances. In doing so the company revealed to Start-Up its partnering strategy, and discussed why it won't take a single step down the value chain into drug development. Can Adimab make discovery-only work where others have failed?

Very rare is the drug discovery company that eschews even a little bit of drug development. But after recently announcing its first two deals, the yeast-based antibody discovery play Adimab LLC confirmed its intentions to do just that. The biotech’s partnering ambitions, if fulfilled, could mark a new stage in the evolution of discovery-focused biotechs.

Or then again--like other discovery-focused companies banking on staying out of the development game--maybe not.

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