BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Bristol-Myers Squibb Company (BMY), Sanofi (France) (SASY.PA) in Race for Drug Marketing Pact with BioCon Limited; Sources Say BioCon Oral Insulin Drug Could be Worth $1 Billion to Suitors


6/14/2011 7:37:03 AM

MUMBAI: Indian bio-pharmaceuticals major Biocon is in early stage talks with global pharma companies including Bristol-Myers Squibb and Sanofi-Aventis to ink an alliance to market its oral insulin drug, a novel drug that the company is developing for the treatment of diabetes, at least three people said on condition of anonymity. One of the people quoted above said Biocon's oral insulin drug IN 105, which is in an advanced stage of development could be valued at close to $1 billion by potential suitors who are in discussions to buy rights to market the drug in developed markets.


   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES