GEN Exclusives

More »

GEN News Highlights

More »
Dec 20, 2007

Baxter to Invest $44M to Develop PEGylated Hemophilia Treatments with Nektar

  • Nektar Therapeutics reports an agreement with subsidiaries of Baxter International to develop new PEGylated therapeutics for hemophilia. The program is expected to begin preclinical development in 2008.

    Nektar will receive up to $44 million in upfront and milestone payments, funding of R&D, and manufacturing revenues during research, clinical development, and commercialization. Nektar will also receive royalties on end product sales.

    Baxter will be responsible for the development and commercialization of the product. Nektar will handle the technology development used in the product including the provision of clinical and commercial PEG reagents.

    This is the second collaboration between Nektar and Baxter related to hemophilia. The two companies inked their initial agreement in September of 2005 to develop PEGylated therapeutic forms of clotting proteins to treat hemophilia A.


GEN Jobs powered by connects you directly to employers in pharma, biotech, and the life sciences. View 40 to 50 fresh job postings daily or search for employment opportunities including those in R&D, clinical research, QA/QC, biomanufacturing, and regulatory affairs.
More »

Be sure to take the GEN Poll

Disclosing Clinical Trial Data

Do you believe that conducting performance audits for new drugs will incentivize pharma firms to become more transparent?

More »