Deal Watch: Avid Transitions Into CDMO By Offloading Cancer Program To Oncologie

Oncologie acquires PS-targeting candidate bavituximab, which may help other cancer therapies in attacking tumors. BridgeBio's newest spinout will develop former Novartis cancer candidate infigratinib.

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Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Below is a roundup of some of the most noteworthy recent transactions. Deal Watch is supported by deal intelligence from Strategic Transactions.

Undergoing a transformation from a drug developer to a contract development and manufacturing organization, Avid Bioservices Inc.sold off its phosphatidylserine (PS)-targeting program for cancer to Oncologie Inc. on Feb....

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