The Flying Dutchman sets course for an IND

<<The Flying Dutchman is a legendary ghost ship that can never make port and is doomed to sail the oceans forever. >>  –Pedia, W.

Last November, a disspiriting diaspora of neuro talent from Bristol Myers Squibb  began when BMS decided to disband its CNS research group; hence considerable surprise back in April, when the Ghost Ship signed its iPierian deal, acquiring that Company and its tau antibody program for $175 million upfront, and promises of much more later. But given that there are tauopathies that fall under the Rare Disease category, that seemed the probable angle for understanding a deal that was CNS-based, from a company that had seemingly chosen to exit the brain.

But today, it was announced that BMS is advancing a NR2B antagonist candidate molecule that had been developed within its ‘fully internalized’ alliance with NeurOp. They will be preparing the compound for its eventual IND, in psychiatry, aimed at Treatment-Resistant Depression. Which is not a rare disease.

One can only imagine what would be possible if they hadn’t made most of their crew walk the plank.

This entry was posted in Big Pharma, BioFollies and tagged , , , . Bookmark the permalink.

1 Response to The Flying Dutchman sets course for an IND

  1. PorkPieHat says:

    Aye, mate. Water, water everywhere, and not a DROP to drink!

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