RIDGEFIELD, Conn. and INGELHEIM, Germany, Dec. 11, 2017 /PRNewswire/ -- 2017 marks a year of significant advancement
"Immuno-oncology is radically shifting the research and treatment landscape in oncology. We believe that the greatest success in difficult-to-treat cancers will be achieved with immuno-oncology and its combination with cancer cell directed therapy, which is why we are committing significant resources in both areas," said Jonathon Sedgwick, Ph.D., Vice President and Global Head, Cancer Immunology and Immune Modulation. "In the immuno-oncology space, Boehringer Ingelheim is poised for the next wave of innovation with clinical phase projects ranging across checkpoint inhibitors, oncolytic viruses, cancer vaccines and T-cell engagers. As such, the expansion of our external partnerships is designed to complement our own R&D, push boundaries and foster innovation – all with the goal of bringing medicines of high therapeutic value to patients sooner."
With approximately 50 percent of its overall early-to-mid-stage pipeline emerging from collaborations, the company's research strategy is firmly anchored in external innovation for all therapeutic areas, and the breadth and depth of exploration demonstrates Boehringer Ingelheim's commitment to oncology, including the comprehensive oncology pipeline that encompasses more than 10 clinical stage assets in development for various cancer and tumor types. This is supplemented by the ongoing Corporate Venture Fund activities, which continue to drive innovation through strategic investments in early-stage science and technology.
Bringing together the most creative minds across public and private institutions, including academia and industry, Boehringer Ingelheim has entered into numerous new external partnerships or expanded existing relationships, many of which are researching oncology. These partnerships cover a range of areas from basic science to clinical development and build on past successes. Over the past year, a number of oncology collaborations relating to immunology have generated excitement and fueled innovation, including:
"Boehringer Ingelheim believes partnerships are vital to innovation as it leverages human talent and resources to speed research. We highly value our partners' creativity and the opportunities and resources they offer as we work together to tackle the biggest challenges in oncology," said Dr. Jörg Barth, Boehringer Ingelheim's Therapeutic Area Head Oncology. "We believe the best way to accelerate innovation is by combining our in-house capabilities in collaboration with industry and academia. Winning the fight against cancer will only be achieved with novel approaches and genuine scientific breakthroughs."
From discovery and development through to commercialization, Boehringer Ingelheim is seeking strong, long-term, innovation partnerships to improve our understanding of cancer and transform patient lives. With long-term exploration and investment in mind, the company works to build relationships based on common goals, mutual trust and commitment that involve a "bench to bedside" method, incorporating extensive resources and professionals ranging from scientists in labs to a global sales force.
About Boehringer IngelheimBoehringer Ingelheim Pharmaceuticals, Inc., based in Ridgefield, CT, is the largest U.S. subsidiary of Boehringer Ingelheim Corporation.
Boehringer Ingelheim is one of the world's top 20 pharmaceutical companies. Headquartered in Ingelheim, Germany, the company operates globally with approximately 50,000 employees. Since its founding in 1885, the company has remained family-owned and today creates value through innovation for three business areas including human pharmaceuticals, animal health and biopharmaceutical contract manufacturing.
Boehringer Ingelheim is committed to improving lives and providing valuable services and support to patients and their families. Our employees create and engage in programs that strengthen our communities. Please visit our website to learn more about how we make more health for more people through our Corporate Social Responsibility initiatives.
In 2016, Boehringer Ingelheim achieved net sales of about $17.6 billion (15.9 billion euros). R&D expenditure corresponds to 19.6 percent of its net sales.
For more information please visit www.boehringer-ingelheim.us, or follow us on Twitter @BoehringerUS.
Contact: Linda Ruckel firstname.lastname@example.org 203-791-6672
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SOURCE Boehringer Ingelheim
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