Friday, January 13, 2012

Medivation bounces back with new drug, new lease

The second time may be a charm for Medivation in downtown San Francisco.
Nearly two years ago the San Francisco biotech terminated a 63,817-square-foot lease at 345 Spear St. following a disappointing Phase III trial for Dimebon, the Alzheimer’s drug the company was developing with Pfizer. Now Medivation has a new promising drug ­— this one a late-stage cancer drug — and a big new lease to go along with it.

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