Take 2: Abingworth/Clarus launch second Phase III partnering firm Avillion
This article was originally published in Scrip
Executive Summary
A new company focused on financing and managing Phase III development and regulatory approval projects on behalf of industry partners has been launched with initial funding from investment partners Abingworth and Clarus Ventures. Based in London, Avillion will be a virtual company relying on the depth of expertise of its senior management team to conduct late-stage programmes that it will license in from major companies in the US and Europe.