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Week of 7.2.08

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Neil W Gibson of OSI Pharmaceuticals

Jeffrey Settleman Harvard Medical School and MGH Cancer Center

David Bailey of Chemoventures

N Claude Cohen of Synergix

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Top News

Presidio Paying Up To $108M for XTL’s HCV Program

March 20, 2008--Presidio Pharmaceuticals has obtained an exclusive, worldwide license to XTL Biopharmaceuticals’ proprietary HCV NS5A program. Presidio will assume responsibility for any additional lead optimization, clinical development, and commercialization activities related to the program. XTL will receive $4 million upfront and could earn an additional $104 million if all development and commercialization milestones are achieved. Presidio Pharmaceuticals

 

Genstruct: Patience, Persistence, and Payoff 
By John Russell

Finding the right business model for systems biology (SB) technology providers has been challenging — that’s hardly a new theme in biotech.

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