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Pfizer Sells Vicuron Unit to VC Group

Durata scquires Pfizer unit for antibiotic candidate.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Durata Therapeutics has acquired Vicuron Pharmaceuticals from Pfizer. Durata is a newly formed biopharma company created by a five-member venture capital syndicate to pursue late-stage clinical development of novel antibiotic programs. The acquisition was funded through a stock purchase by New Leaf Venture Partners, LLC, Domain Associates, LLC, Aisling Capital, Sofinnova Ventures Inc. and Canaan Partners. Durata is focused primarily on Vicuron’s antibiotic drug candidate, dalbavancin. Durata’s p...

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