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Ariad on the move on Iclusig partnership chatter

  • Citing CEO Harvey Berger, DealReporter says Ariad (ARIA +4.4%) is looking for a partner in Japan for Iclusig, with an announcement perhaps coming soon.
  • From this week's earnings call (transcript): "In addition to actively pursuing distribution agreements for Iclusig in central and eastern Europe, as well as in the Middle East, just as we have done in Australia, we plan to partner Iclusig in Japan and perhaps in other countries in Asia. We have no timeframe now on when we might announce a partnership, but we consider this decision as an important step in building shareholder value."

This was corrected on 02/04/2019 at 3:01 AM. This item was adjusted to emphasize that Ariad is looking for a partner in Japan for Iclusig, rather than a general partnership.

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ARIAD Pharmaceuticals, Inc.