The Power of Open Innovation in Pharma

The Power of Open Innovation in Pharma

By • on October 14, 2015

The European CEO website noted that the pharmaceutical industry has suffered a significant decline in productivity in the last 25 years. Many industry observers cited a lack of internal innovation as a contributory factor to this reduction in productivity, and encouraged large pharmaceutical companies to embrace the wider biotech and academic ecosystems.

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Open R&D Models Increase Chances for Late-Stage Success

Open R&D Models Increase Chances for Late-Stage Success

By • on June 30, 2015

The Virtual Press Office website reported that Deloitte has released a report showing that drugs sourced via open innovation are three times more likely to achieve late-phase clinical success versus those cultivated under an in-house, closed-model approach. The study also asserts that open innovation

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