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Combination Drug Deal Set

October 10, 2005 | A version of this story appeared in Volume 83, Issue 41

Angiotech Pharmaceuticals has formed a license and research pact with CombinatoRx under which it will get access to CombinatoRx's library of more than 2 million combinations of known pharmaceuticals. Angiotech will apply them to its own therapies that combine drugs with medical devices and biomaterials. Angiotech will pay CombinatoRx $27 million up front and invest $15 million in the firm.

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