Challenge:
A major pharmaceutical company asked us for support in the due diligence and assessment of a Phase III in-licensing opportunity. The drug in question had met its primary endpoint in a pancreatic cancer Phase III clinical trial and our client was seeking ex-US rights to the program.
Solution:
Working to tight timelines, our consultants worked with our client’s internal due diligence team, providing an external perspective and supplementing their internal expertise. We identified some issues and gave recommendations to mitigate those risks. As a result, our client went ahead with the deal, which included a large upfront payment.