The most efficient drug development programs will rely on contributions from a variety of companies, with partnerships and outsourcing providing unique expertise to advance new therapies, according to a new study from Tufts Center for the Study of Drug Development. The report calls on drug developers to completely reassess how they're structured.
"Moving forward, no company, big, medium or small pharma, or biotech--will develop new drugs entirely alone," said Kenneth Kaitin, director of the Tufts CSDD. "Increasingly, R&D productivity gains will depend on developers focusing on what they contribute best to the drug development value chain and partnering with organizations that provide capabilities that are too expensive to develop or maintain internally, or are outside of the company's core competencies."
- and check out the release [1]
- here's the report [2] from the Boston Business Journal
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Deal-making hits a faster pace in '07 [3]
Dealmaking stays big even as the markets tremble [4]
Big Pharma makes its big leap into biotech [5]
Links:
[1] http://www.fiercebiotech.com/press-releases/pharmaceutical-and-biopharmaceutical-companies-need-reassess-way-they-operate
[2] http://boston.bizjournals.com/boston/stories/2008/02/04/daily21.html
[3] http://www.fiercebiotech.com/story/deal-making-hits-faster-pace-07/2007-12-21
[4] http://www.fiercebiotech.com/story/dealmaking-stays-big-even-markets-tremble/2008-01-02
[5] http://www.fiercebiotech.com/story/big-pharma-makes-its-big-leap-biotech/2007-12-21