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Pharma Giants Urge Biotechs To Get In Touch As Early As Possible

Novartis And Roche Upbeat About Sector

 
• By Kevin Grogan

Although money is too tight to mention for some biotechs, last year the value of preclinical partnerships actually went up and Switzerland’s big two pharma players are on the lookout for more.

BIO-Europe Basel
• Source: Scrip

These are clearly tough times for biotechs, be they publicly listed companies seeing their value sink or start-ups struggling to raise funds, but big pharma is very much open for business and the earlier the engagement the better.

That was the message from the Swiss powerhouses Novartis AG and Roche Holding AG as the BIO-Europe Spring meeting kicked off in Basel

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