OncoMed Pharmaceuticals has no imminent plans to finance its soon-to-be seven-asset clinical pipeline by selling stock, because the cancer therapy developer's partnerships are structured in a way that "keeps us from having to raise money, which is a corporate goal for the company," chairman and CEO Paul Hastings told Scrip.
OncoMed Pharmaceuticals has no imminent plans to finance its soon-to-be seven-asset clinical pipeline by selling stock, because the cancer therapy developer's partnerships are structured in a way that "keeps us from having to raise money, which is a corporate goal for the company," chairman and CEO Paul Hastings told Scrip.
Indeed, OncoMed has not sought cash from stock market investors since its initial public offering in July 2013 that ultimately...
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