The Cross-Border Biotech Blog

Biotechnology, Health and Business in Canada, the United States and Worldwide

IVB’s Great Take on the GSK-Pfizer HIV Joint Venture

The In Vivo Blog has a really interesting post by Roger Longman discussing what they view as the groundbreaking and innovative aspects of GSK and Pfizer’s HIV joint venture, announced just over a month ago

The gist is:

  1. The venture allows flexibility and accountability in an R&D operation with pharma-scale resources; and
  2. The JV has its own equity that it can use to reward employees directly and to raise new funds.

IVB’s bottom line: “whether it works or not, the drug industry should be paying close attention to this deal.” 

My bottom line:  I certainly hope it works, because it seems like it would be a bear to unwind.

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