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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Evotec, Sanofi on Infectious Disease Research Agreement

Evotec, Sanofi on Infectious Disease Research Agreement

By • on March 9, 2018

The Pharmaceutical Business Review website reported that the major drug companies Evotec and Sanofi are in exclusive negotiations to create an infectious disease open innovation research and development platform through a new open innovation platform near Lyon in France.  The platform will be led by

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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

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Sanofi Feeds on the Scientific Richness of Boston

Sanofi Feeds on the Scientific Richness of Boston

By • on April 17, 2017

The Quebec Telegram website reported the development of Sanofi, a major life sciences firm in Boston. In 2011 the company completely restructured its R & D laboratory and converted it to the “open innovation” model – adopted today by most major laboratories; a change dictated by the urgency

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Global Drugmakers Join Hands With Startups

Global Drugmakers Join Hands With Startups

By • on April 10, 2017

The Yonhapnews website reported that global pharmaceutical companies are seeking to join hands with local startups as part of their effort to increase research and development productivity. The move is part of their effort to adopt “open innovation,” a network of collaboration with external

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Deloitte: Open Innovation Success Rate 3 Times Higher Than In-house R&D

Deloitte: Open Innovation Success Rate 3 Times Higher Than In-house R&D

By • on October 8, 2016

The Knowledge website reported that the knowledge intensity and speed of biotechnology has shifted the locus of innovation to a network rather than within any single firm. This is causing pharmaceutical firms to look for new ways to tap into innovative sources of drug development outside their organizational

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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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Changing the Model for Pharma Innovation

Changing the Model for Pharma Innovation

By • on December 22, 2015

The PharmTech website noted that at this point, for many companies, results suggest that the desire and commitment to open innovation may be there, but questions of risk and reward remain. For now, for many companies, open innovation is a work in progress, but the factors driving this trend are not

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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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R&D Execs Continue Global Search for Open Innovation

R&D Execs Continue Global Search for Open Innovation

By • on January 12, 2012

The FierceBiotech website reports that throughout 2011 there’s been a continuation of an intense reengineering of the development process at a slate of Big Pharma companies.  Many of the Big Pharma companies have been pushing to reboot their own R&D programs. Perhaps the most exciting change

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