Sanofi Announces AfricaTech 2020 Challenge

Sanofi Announces AfricaTech 2020 Challenge

By • on February 24, 2020

The Guardian website reported that Sanofi, a global biopharmaceutical company, is calling on technology entrepreneurs and startups in Nigeria to participate in its 2020 AfricaTech Challenge.  AfricaTech is a lab  to encourage open innovation by African technology startups. The AfricaTech Challenge initiative is part of Sanofi’s strategy to promote

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Yonsei Creates Biomedical R&D Advisory Center

Yonsei Creates Biomedical R&D Advisory Center

By • on September 3, 2018

The Korea Biomedical Review website reported that Yonsei University Health System has created a research and development advisory center called ALYND to foster cooperation in the biopharmaceutical sector. The center will work to bring together industry, hospital, and academic officials to work towards

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Unlocking the Commercial Potential of SynBio

Unlocking the Commercial Potential of SynBio

By • on September 29, 2017

The European Pharmaceutical Review website noted that the volume of ongoing work to link breakthroughs in basic synthetic biology with promising applications underscores its considerable potential to generate both transformative tools and products. Open innovation will be increasingly important in turning

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Executing an Open Innovation Model

Executing an Open Innovation Model

By • on June 3, 2016

A report by the leading consulting and research firm Deloitte noted that many biopharmaceutical companies are facing a challenging research and development environment and increased competitive pressures. Their heavy reliance on a closed, traditional model of product development might stifle true innovation

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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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