Strategic Alliance in Life Sciences -- Deal Vectors that Deliver

Topics:
Strategic Management Tools
Tags:
Edwin Richard Rigsbee,
Life Science,
Management,
Strategic Alliance,
Strategy
Source:
Edwin Richard Rigsbee

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Overview: In the life sciences industry, perhaps more so than in any other, financial success depends upon a company's ability to remain focused on the research and development of its products and technologies. To minimize distractions, most life sciences companies have learned the value of strategic alliances; that is, of forming relationships around such issues as funding, testing, clinical trials, manufacturing, sales and distribution. But what constitutes an effective strategic alliance? Who are the best partners for long-term commitments or contributing a needed asset or skill? What are the best ways to identify and establish a strategic collaboration or venture capable of withstanding competitive attacks and environmental changes? These are only a few of the many questions to which consideration must be given before entering into a strategic alliance.

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Format: HTML | Date: Jul 2003 | Pages: 1

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