DUBLIN – The biotechnology sector may be more awash with cash now than at any other time in its history. But that does not alter the fundamental dynamic between biotech and big pharma. If anything, their respective roles are becoming better defined, as biotechs learn how to build value into their assets to the point where big pharma is willing to step in and take on the financial risk of scaling a program where it can truly go global.
DUBLIN – The dateline says it all. Everyone and anyone with an interest in European biotechnology were due to assemble in Munich this week, the German biotech hub which was originally chosen to host Bio-Europe Fall 2020. Given the rising numbers of confirmed COVID-19 cases across the globe in recent months, that was never going to happen.