Are New Drug Development Platforms Leading Pharma Innovation?

Are New Drug Development Platforms Leading Pharma Innovation?

By • on August 1, 2019

The European Pharmaceutical Manufacturer site noted that increasingly, the business model for drug discovery and development is predicated on recouping costs barely manageable for first-world, affluent nations. In an effort to combat this trend, various stakeholders in the drug discovery ecosystem have been identifying and exploring novel models based

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Growing Adoption of Open Innovation Models in Pharmaceutical and Biotechnology Companies

Growing Adoption of Open Innovation Models in Pharmaceutical and Biotechnology Companies

By • on June 21, 2019

The GlobalNewswire website noted that a new study has been released reporting that the growing adoption of open innovation models in pharmaceutical and biotechnology companies and increasing pharmaceutical outsourcing are the key factors driving the growth of the protein stability analysis market. The

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Daiichi Sankyo to Lead Open Innovation Research on Cell Therapy

Daiichi Sankyo to Lead Open Innovation Research on Cell Therapy

By • on January 14, 2019

The BioSpectrumAsia website reported that Daiichi Sankyo Company, Mitsubishi UFJ Capital Co.,  and Tokyo Institute of Technology have announced that they will commence open innovation research with the aim of creating insulin producing cells from iPS cells for use in regenerative medicine and cell

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A Joint Front: Open Source Pharma

A Joint Front: Open Source Pharma

By • on December 28, 2018

An article on the Business Today (India) website  noted that an open source drug discovery program allows capabilities to be linked and used, at negligible cost. India has already taken a step in this direction. Bill Gates, who built his empire on proprietary software, tweeted that open innovation

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Innovation in the Open

Innovation in the Open

By • on August 16, 2018

An article on the Chemistry World website noted a trend in open innovation: rather than drawing start-ups closer to obtain their intellectual property, some firms are shifting to a more collaborative approach. This strategy foresees collaboration agreements, or business support, and subsequent shared

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Mark Samuels on Open Innovation in Pharma

Mark Samuels on Open Innovation in Pharma

By • on April 10, 2018

The Pharma Times Online website posted an interview with Mark Samuels, chief business and strategy officer of the new Medicines Discovery Catapult, on the role of open innovation in big pharma: “I think collaborative research is increasingly important. Benefits of open innovation include access

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AstraZeneca CEO Heralds New Era of Collaboration

AstraZeneca CEO Heralds New Era of Collaboration

By • on March 16, 2018

The Cambridge Independent website reported that AstraZeneca CEO Pascal Soriot announced that the company’s advanced drug discovery robot, NiCoLA-B, will be housed in the biopharmaceutical company’s new £500million global research and development center, heralding a new era of openness and

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RPS Summit to Focus on Science and Innovation

RPS Summit to Focus on Science and Innovation

By • on October 31, 2017

The Pharmaceutical Journal website reported that the Royal Pharmaceutical Society’s (RPS) inaugural Winter Summit will take place in London  on  December 5, 2017. The keynote speech, “Open innovation and drug discovery — the structural genomics consortia story”, will be delivered by

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Open Innovation Case Studies

Open Innovation Case Studies

By • on December 22, 2016

The IMI website announced a symposium at the 6th Pharmaceutical Science World Congress: “Putting open innovation into practice–case studies from Europe”. The congress will take place in Stockholm, Sweden, on on May 21 to 24, 2017. IMI is working to facilitate open innovation among the

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Drug Consortium Offers $50M for Collective Research

Drug Consortium Offers $50M for Collective Research

By • on April 5, 2012

MarketWatch website reports that the Takeda Pharmaceutical Company  has joined the Structural Genomics Consortium (SGC) to fund collective drug research aimed at bringing new, more effective medicines to market faster. Takeda’s contribution raises the total to $50 million in support of the SGC

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