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Novartis Casts Nets Globally To Snap Up Best Assets

 
• By Kevin Grogan

The Swiss major’s business development chief Susanne Kreutz tells Scrip that geography is no barrier for her team in the search for promising licensing deals or bolt-on acquisitions.

Susanne Kreutz
Susanne Kreutz • Source: Novartis

Novartis AG‘s search for interesting early-stage assets is not confined to the usual US and European markets and the Swiss major’s collaboration with South Korea’s Chong Kun Dang Pharmaceutical Corp. inked earlier this week is a great example, according to Susanne Kreutz, head of corporate and business development.

The Basel-headquartered major has bagged exclusive global (excluding South Korea) development and commercialization rights to Chong Kun Dang’s Phase I...

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