Gilead Sciences and the Yale School of Medicine are joining forces in the latest collaboration between industry and academia to hunt for new drugs. Gilead, known mostly for its line of medicines for HIV/AIDS, will pay $40 million for a four-year effort that could be extended to 10 years and a total of $100 million as part of its plan to expand its product portfolio to include cancer. It plans to tap Yale’s expertise in oncology, genomics and clinical medicine in a bid to discover new drug targets and design molecules to hit them. In the past year, the company has acquired three smaller firms with compounds for cancer and inflammatory diseases in early stage development. The Yale pact “is another piece of the puzzle,” Howard Jaffe, president of the Gilead Foundation, tells the Health Blog. The initiative will be led by Joseph “Yossi” Schlessinger, director of Yale’s Cancer Biology Institute, whose history of success in drug development was a draw for Gilead. Schlessinger has helped found three companies, including Sugen, now owned by Pfizer, and Plexxikon, whose promising experimental drug for advanced melanoma led Daiichi Sankyo of Japan to agree to acquire it in February for $805 million
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Yale and Gilead Sciences Sign $40 Million Pact in Search for Cancer Drugs


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