Drug Development Deal Sours For University, Biotech Firm | April 21, 2014 Issue - Vol. 92 Issue 16 | Chemical & Engineering News
Volume 92 Issue 16 | p. 8 | News of The Week
Issue Date: April 21, 2014 | Web Date: April 18, 2014

Drug Development Deal Sours For University, Biotech Firm

UCLA and Medivation, once happy partners, now confront each other in court
Department: Business
Keywords: intellectual property, academic-industry alliances, drug discovery

Partnerships between universities and corporations are billed as a great way to turn academic discoveries into useful products and therapies, but a dispute between the University of California, Los Angeles, and a biotech firm shows they can easily turn ugly.

On April 11, UCLA filed a lawsuit against San Francisco-based Medivation accusing the company of withholding promised profits on a cancer drug discovered by UCLA researchers. The suit follows by less . . .

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