Will Pharma Embrace Open Innovation?

Will Pharma Embrace Open Innovation?

By • on October 26, 2012

The PharmTech website notes that recent years of low approvals of new blockbuster products have given rise to the perception that pharmaceutical drug development, in its current format, no longer works. Recent late-stage failures of clinical trials have also served to emphasize the risky nature of drug development. So what’s the alternative? Recently,

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Pharma Industry Continues Building Open Innovation Models

Pharma Industry Continues Building Open Innovation Models

By • on December 28, 2011

The Nature Biotechnology website reports that seven large pharma companies and a biotech firm, Alnylam, have formed a collaboration with the World Intellectual Property Organisation (WIPO) to establish WIPO Re:Search. This open innovation initiative lines up United Nations agency WIPO of Geneva with

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