Korean Drugmakers to Seek Global Partnerships

Korean Drugmakers to Seek Global Partnerships

By • on May 2, 2017

The Korea Herald website reported that South Korean pharmaceutical companies and global drugmakers came together to discuss new business partnerships and open innovation at this year’s Korea Pharma Associations Conference in Seoul. As one of the biggest pharma industry events of the year, the conference centered on the theme of “global partnering

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Setting the Gears of Innovation in Motion

Setting the Gears of Innovation in Motion

By • on September 25, 2016

The Business Times website reported on a conference where the Research Director at Johnson & Johnson, Dr Loy Chong Jin shared how creating a collaborative business ecosystem using external innovation helped to accelerate new business opportunities. “It is all about relationship-building,” he

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Radical Experiment Changing the Way Big Pharma Innovates

Radical Experiment Changing the Way Big Pharma Innovates

By • on July 24, 2016

The Fortune website noted that in the highly competitive, IP-obsessed world of drug development, throwing open the doors and inviting people in, is a departure in strategy to say the least. Yet, such is the surprising concept behind JLABS, the “no strings attached” incubator that Johnson & Johnson

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Open Innovation and Big Pharma

Open Innovation and Big Pharma

By • on May 4, 2016

The PMLive website reported that there has been a major drive towards an open innovation model among big pharma companies, seeking to forge closer ties with small biopharma companies and academic groups in recognition that relying on in-house pharma R&D is no longer enough to remain competitive.

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Building an Open Innovation Approach to R&D

Building an Open Innovation Approach to R&D

By • on July 13, 2015

The Wall Street Journal website reported that Open Innovation (OI) is gaining an important foothold across a number of major industries, from information technology to retail. Today, health care leaders are starting to recognize that OI can have great value in research and development and in marketing

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Winners Announced in OI Mental Health Challenge

Winners Announced in OI Mental Health Challenge

By • on February 20, 2014

The Sacramento Bee website reported that Scientists Without Borders, a program of the New York Academy of Sciences, in collaboration with Johnson & Johnson,  has announced the winners of a $10,000 open innovation challenge that called for ideas to increase awareness and utilization of mental health

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Chesbrough on Open Innovation in Life Sciences

Chesbrough on Open Innovation in Life Sciences

By • on May 10, 2013

The journal Nature published an interview with Henry Chesbeough. The article noted that open innovation has taken the business world by storm. In his 2003 breakout book, Chesbrough argued — based largely on observations of the computer industry — that companies need to look beyond their walls

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Evotec expands open innovation push with Yale

Evotec expands open innovation push with Yale

By • on January 11, 2013

The  Pmlive website announced that Germany’s Evotec has entered into a strategic partnership with Yale University as it continues to adopt an open innovation approach to drug discovery. The latest agreement will see Evotec join forces with Yale  on discovery science for a number of diseases with

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Open Innovation to Fill Pharma’s Pipelines

Open Innovation to Fill Pharma’s Pipelines

By • on June 16, 2012

The medcitynews website reported that open innovation and cooperation in the pharmaceutical industry will continue to gain traction as patent losses and R&D cutbacks force drug companies to look

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Johnson & Johnson seeds an ambitious open R&D program

Johnson & Johnson seeds an ambitious open R&D program

By • on November 26, 2011

Just how far can you go with an open R&D approach to drug development? Johnson & Johnson is stepping up with $3 million to seed a new program that intends to find out. J&J has set up a group called Healthy Minds, which will assist the International Mental Health Research Organization in

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