By • on January 1, 2020

The PM Live website noted that open innovation has become one of the most talked about concepts of our time. It seeks to power up the ability to work with a broad ecosystem of partners and its customers to harvest the best ideas and to provide the appropriate tangible and intangible assets from all collaborators. Eli Lilly is an example of one of the

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Eli Lilly: Partnerships Better than Acquisitions

Eli Lilly: Partnerships Better than Acquisitions

By • on December 14, 2015

The Nikkei Asian Review website reported that Eli Lilly has drawn a line from expensive mergers and acquisitions, and intends to focus on partnerships for innovation; on open innovation. “Back in 1979, almost all our research took place within the company,” John Lechleiter, Eli Lilly CEO

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Opening Industry-Academic Partnerships

Opening Industry-Academic Partnerships

By • on April 17, 2013

Science magazine posted an article by Chris Tachibana which noted that research and development today is about networking, sharing, and partnering. Collaborations between industry and academia are promoted by open innovation programs, which have become a near-universal model for R&D. Pharmaceutical

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Social Innovation in Pharma

Social Innovation in Pharma

By • on February 24, 2013

An article on the pmlive website noted that we tend to judge how well pharmaceutical companies are doing in social media by analyzing their presence on Facebook, Twitter and YouTube. But there are many other ways of using social media that should be added to the equation, including the use of what is

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Open Innovation:No Longer a Rallying Cry in Healthcare, but a Movement

Open Innovation:No Longer a Rallying Cry in Healthcare, but a Movement

By • on September 1, 2012

The medcitynews website reports that the healthcare industry as a whole has adopted open innovation — and it’s doing it with vigor. There’s an undeniable trend in the creation of long-term strategies based on open data and ideas from sources outside of individual companies and institutions.

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Eli Lilly Launches Open Innovation Drug Discovery Platform

Eli Lilly Launches Open Innovation Drug Discovery Platform

By • on November 10, 2011

The MarketWatch website reports that Eli Lilly and Company has launched of new open innovation platform designed to help build the company’s pipeline of tomorrow and, from a philanthropic perspective, identify molecules that may have application for treating multi-drug resistant tuberculosis.

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