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Deal Watch: BMS To Tap Early-Stage Breakthroughs In Partnership With BioMotiv

 
• By Joseph Haas and Sten Stovall

Bristol-Myers Squibb will partner with the biotech accelerator to fund and launch biotechs, with the pharma getting an option to buy. Novartis signs another agreement with IFM months after buying its IFM Tre affiliate.

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Scrip regularly covers business development and deal-making in the biopharmaceutical industry. Deal Watch is supported by deal intelligence from Strategic Transactions.

Bristol-Myers Squibb Co. will seek novel therapeutic approaches for unmet medical needs through a partnership with the biotechnology accelerator BioMotiv LLC

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