Cambridge Antibody Technology Group Plc

MedImmune creating drug pipeline for AstraZeneca

MedImmune creating drug pipeline for AstraZeneca

When Gail Folena-Wasserman joined Gaithersburg biotechnology startup MedImmune in 1991, she was its first employee in research and development, and dreamed of what the company might be "when it grew up."

Two decades later, the senior vice president for biopharmaceutical development is helping to test new drugs at a dramatically different MedImmune. Five years since a $15 billion acquisition by British pharmaceutical giant AstraZeneca, the company is funneling a pipeline of potential therapies that has grown three times over and covers a wider spectrum of diseases.

MedImmune leaders say they are entering a prime phase in drug development, with several projects...