Versant's unusual build-to-buy model has resulted in Roche acquiring a target for MS based on UCSF research and the venture firm launching a new spinout, Pipeline Therapeutics.

There are a variety of routes for academic research to make its way onto the market – through spinouts, through a corporate purchasing a licence to existing research or through a company partnering a university with a view of developing a specific technology, product or service. Pharmaceutical firm Roche has followed none of these direct…

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