Open Innovation in Medical Technology Will Save Lives
The Electric Frontier Foundation posted an article which noted that working in the open doesn’t mean a sacrifice in quality. Scientists know that the best way to understand a problem and create innovative solutions is through open collaboration. No one should have the veto power of copyright or patent law to prevent the sharing of knowledge about
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Are You Open to Open Innovation?
The MDDI website reported that Pfizer and the Institute of Pediatric Innovation organized an open innovation (OI) competition in hopes of addressing an ongoing challenge: administer multiparticulate medicines to children more easily. HS Design, a design firm specializing in medical devices and life sciences,
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Putting Humans at the Center of Health Care Innovation
The Harvard Business Review website posted an article on an alternative emerging at healthcare institutions worldwide: human-centered design and co-creation. Patients are co-designers, co-developers, and increasingly more responsible for their own and collective health outcomes. One example of this
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Europe has Untapped Medical Innovation
The PharmaPhorum website noted that the ‘open innovation’ strategy is being pursued by all the big pharma companies – and now it’s simply a matter of who executes best on this approach. This is one of the boldest efforts in big pharma to create relationships with entrepreneurs, scientists and
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Open Innovation Case Studies
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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Open Innovation: the ‘New Normal’ in Med Research?
The AstraZeneca website described AstraZeneca’s success in using open innovation. “Collaboration is essential to advancing our understanding of human diseases and accelerating the discovery and development of ground-breaking treatments that benefit patients. Such partnerships can span academic,
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Bayer supports ‘Digital Health startups’
The DW website noted that more and more big firms are bringing young talent in-house in the hope that they will bring fresh ideas along with them and infuse new vigor into their companies. German pharma giant Bayer is also following this trend. A Bayer’s board member noted that it’s beneficial
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Nano Startup Challenge in Cancer
The IIT Today website reported that an interdisciplinary student team from Illinois Institute of Technology was one of 21 Semifinalists of the NanoStartup Challenge in Cancer, an open innovation competition designed to bring promising medical inventions to market. This open innovation startup is designed
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Facilitating Health Innovation in Africa
The Benzinga website reported that a new five year Strategic Plan of the African Network for Drugs and Diagnostics Innovation (ANDI) has been released. The strategy highlights an open innovation and partnership model that integrates lessons across diseases and technology platforms as more promising in
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Singapore Advancing Medical Research
The Straits Times website noted that whereas pharmaceutical companies previously undertook their research in complete isolation from academia and from other companies, guarding their research closely in private laboratories, the past 10 or 15 years have seen companies and universities moving towards
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