The Tufts Center for the Study of Drug Development (CSDD) has underscored the importance of partnerships and collaborations in the R&D programs of the pharmaceutical industry, according to PharmaTimes.com.
Subscribe to our email newsletter
The Center claimed that the pace and development of pharmaceutical companies in the future would largely depend on strategic alliances and partnerships they forge in their R&D activities. The Center also reported findings from a research study that found correlation between organizations with centralized decision-making structures and higher levels of R&D efficiency.
Kenneth Kaitin, director of CSDD, said: “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 competence.”
Advertise With UsAdvertise on our extensive network of industry websites and newsletters.
Get the PBR newsletterSign up to our free email to get all the latest PBR
news.