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Home » Research & Discovery » Proteomics & Protein Research » MDS Proteomics Says it is Close to Signing Pharma Deal, After Slashing Costs, Project

MDS Proteomics Says it is Close to Signing Pharma Deal, After Slashing Costs, Project

Dec 23, 2002
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As big pharma has tightened the purse strings for technology spending, proteomics companies who rely on research deals for revenues had to make cuts — including MDS Proteomics. But there is a silver lining on the horizon: MDSP is expecting to sign a deal with a large pharmaceutical company “within 4 to 6 weeks,” and has initiated three pilot projects with pharmaceutical companies that bring in some revenue, according to Anil Amlani, MDSP’s CFO.

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