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15 Aug 2011

Pfizer Forms Partnership with University of California for Drug Development

Pfizer has partnered with the University of California's San Diego Health Sciences in a drug discovery collaboration.

Pharmaceutical company Pfizer will team up with University of California (UC), San Diego Health Sciences via its Centers for Therapeutic Innovation (CTI) network to accelerate and transform drug discovery and development.

 

According to an announcement by Pfizer, the company will invest up to $50m including milestone payments to UC San Diego Health Sciences for successful projects over a five-year period.

 

The alliance allows scientists from both parties to work together in a dedicated lab space at Pfizer's La Jolla research and development campus.

 

Pfizer BioTherapeutics Research and Development senior vice-president and head Jose Carlos Gutierre

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