LES 2008 Annual Meeting

Oct. 19, 2008-Oct. 23, 2008
Gaylord Palms Resort and Convention Center
Orlando, FL
www.usa-canada.les.org/meetings/2008annual/index.asp

Description:

What Buyers Want: Understanding What Big Pharma In-Licensors Expect to See in Out-Licensing Documents

Ben Bonifant, Vice President and head of our Business Development Practice will participate in two panel discussions at this year's event. In the first session, Mr. Bonifant and panelists from Arena Pharma, Pfizer and Sanofi Aventis will discuss the importance of understanding what in-licensors expect to see in out-licensing materials. In the second panel, Mr. Bonifant and panelists from Bristol-Myers Squibb and Solvay will discuss how to identify and prioritize the right therapeutic areas of opportunity.

Abstract:

What Buyers Want: Understanding What Big Pharma In-Licensors Expect to See in Out-Licensing Documents

While the number varies depending on the size of a given therapeutic area, business development professionals at most of the top 10 pharmaceutical and biotech companies review hundreds of non-confidential documents each year to evaluate compounds' in-licensing potential. Out-licensors invest a significant amount of time and resources developing non-confidential documents to help elucidate their products' attributes in the hope of landing that much-needed deal, but what are the key characteristics of a product or company that lead licensing reviewers to move to confidential discussions?

Panelists:
Ben Bonifant, Vice President, Business Development Practice, Campbell Alliance

Joanne Smith-Farrell, Senior Director, Worldwide Business Development & Licensing, Pfizer
Carole Wilmot, Senior Director, U.S. Licensing, Sanofi Aventis

 

Choosing Where to Focus: How to Identify and Prioritize the Right Therapeutic Areas of Opportunity

Until recently, large pharmaceutical companies focused on developing primary care products with blockbuster potential. But leading companies are now moving in a new direction, placing their bets on specialty therapeutic areas that were once more commonly pursued by growth-oriented biotech or specialty pharmaceutical companies. This shift in strategy was driven by several factors, including the realization that primary care blockbusters are less common than in previous years, the proportionally greater number of specialty compounds (out of the overall number of compounds) available for licensing from smaller companies, and the need to fill pipeline gaps. Regardless of their rationale, the initial step in—and a significant hurdle to— pursuing this specialty model is selecting therapeutic areas or disease states on which to focus.

Ben Bonifant, Vice President, Business Development Practice, Campbell Alliance

Paul Biondi, Vice President, R&D Operations, Bristol-Myers Squibb

Frank Jaeger, Associate Director, New Business Development, Solvay Pharmaceuticals

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