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Bayer Returns To Cancer Drug In-Licensing With NextRNA Deal

 
• By Andrew McConaghie

Oncology is key to the German group’s turnaround plans and an early-stage licensing pact with NextRNA is the first cancer deal by its new business development leader.

Bayer
• Source: Shutterstock

Bayer is still in the midst of a radical overhaul of its business but has returned to in-licensing oncology assets via a deal with NextRNA Therapeutics and its novel small molecule platform.

Key Takeaways

  • Bayer is streamlining across its internal organizations, but growth in oncology remains a key focus.

  • Juergen Eckhardt is now head of...

Finding valuable new assets from external partners will be vital for Bayer, as it has set itself the task of raising oncology drug revenues to $10bn by 2030. Boston, MA-based...

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