Strategic partnerships have long been a major feature of the pharmaceutical industry. In-licensing, out-licensing, joint research, and co-development arrangements between and among biopharmaceutical companies, and with academic research institutions, abound. Approximately 33% of drugs in the pipelines of the top ten pharmaceutical companies were initially developed elsewhere, according to a 2014 WSJ article by Jonathan D. Rockoff. And according to Vantage’s recent alliance benchmarking study, over 80% of bio-pharma respondents report increased alliance activity compared to five years ago.
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by John Larson and Troy Windt
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