• Tue news: Pfizer explores sale of hospital drugs unit. FDA declines full approval of Ocaliva. AZ better than expected Q3 results. Pfizer, Lilly telehealth platforms draw scrutiny. 23andMe cutting lays off 40%. See more on our front page

Pfizer's Arena goal? Get out of the way and don't 'break the new toy'

cafead

Administrator
Staff member
  • cafead   May 24, 2022 at 10:42: AM
via Pfizer wasn’t about to meddle with the good work being done at Arena Pharmaceuticals, a biotech that attracted the Big Pharma into a $6.7 billion deal in December 2021.


“The worst thing we could do is come in and break the new toy,” Pfizer’s Michael Corbo, chief development officer for inflammation and immunology, told Fierce Biotech in an interview.

article source