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Partnering in Latin America, According to the Experts

September 8, 2014
Latin America is a hotbed for biotech activity. I recently sat down with four movers and shakers in Latin American biotech to get their thoughts and perspectives:

  • Alexandre Boggio, Director, Business Development, Sanofi Pharma Brazil

  • Carolina Tremmel, Director, New Business Development, Daiichi Sankyo Brasil

  • Edurdo Tsuru, Director, Business Development Latin America, Mundipharma

  • Thiago Mares Guia, MD, PhD, Medical and Scientific Manager, Bionovis

See the interview on YouTube:

Biotech in Latin America is growing:

  • The Latin America pharma market was estimated by IMS at $68B in 2013, expanding at a 12% CAGR to over $110B by 2017

  • Brazil, representing a $25B pharma market in 2013, is expected to be the fourth largest pharma market in the world by 2017

  • The Colombian pharma market was worth $4.35 billion in 2013 and is expected to expand at a compound rate of 7.3% by 2016

  • 95% of Brazilian biotech companies are connected to universities and research centers via partnerships

  • Brazil’s Development Bank (BNDES) plans to invest up to US $4.2 billion in the production of biotech drugs by 2016; Between 2011 and 2013, the amount of investments by BNDES in the pharma and medical devices sectors increased by 275%

and full of therapeutic innovation deals:

  • Recently, a partnership between the Center for Genetic Engineering and Biotechnology (Cuba) and newly formed Abivax (France) regarding vaccine research and development was announced. If successful, the Cuban developed vaccine would be marketed in Europe and other areas

  • In May, Recalcine Pharmaceutical Corporation (Chile) and Institut Pasteur (France) signed an agreement for the research and development of a mAb therapy for pain

  • In December 2013, International Vaccine Institute (S. Korea) entered into an agreement with Instituto Butantan (Brazil) and VABIOTECH (Vietnam) to develop a novel live attenuated tetravalent dengue vaccine. The project would be supported by a grant received from German Federal Ministry of Education and Research

I’ll be at the BIO Latin America conference this week from the 9th to the 11th in Rio de Janeiro to witness the newest deals forming – I hope to see you there!