When an R&D collaboration between a big pharma and a smaller firm dissolves, the common view is that the larger, more established entity lost confidence in the partnership. US biotech MyoKardia Inc.claimed Jan. 2 that the end of its four-year tie-up with Sanofi around drug candidates for rare genetic heart diseases is different, and that it wanted to regain full rights to its Phase III mavacamten and Phase II MYK-491.
The French pharma notified MyoKardia earlier in the week that it would exit a partnership signed in 2014, but the reason for the termination was not doubt around efficacy or safety of the two drug candidates, MyoKardia CEO Tassos Gianakakos told a Jan. 2 investor call