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Impact on technology developers 60
Impact on technology sponsors 61
Lost value of failed deals 61
Main causes of biotech tech transfer failure 62
Due diligence failures 64
Technology performance 66
Patent issues 67
Developer organization strength 67
Deal structure 69
Financial compensation 70
Management changes 71
Cultural differences 72
Project organization and expectations 74
Other preventable problems 76
Technology failure 77
Conclusion 77
Chapter 3 Strategies to ensure successful biotech tech transfer deals 80
Summary 80
Measures of success 81
Success for the technology developer 81
Success for the technology sponsor 82
Key biotech tech transfer strategies 82
Strategies for both technology developers and sponsors 82
Meeting technology challenges 82
Strategies for technology developers 85
Optimizing resources 85
Thinking like a customer 88
Working with professional tech transfer organizations 89
Prolific publishing 91
Strategies for technology sponsors 92
Thorough technology identification and due diligence 93
Structuring innovative deal terms 98
Addressing compensation issues 105
Fostering an entrepreneurial developer environment 105
Ensuring effective alliance management 106
Navigating cultural chasms 108
Addressing international intellectual property challenges 110
Conclusion 113
Chapter 4 The future of biotech tech transfer deals 116
Summary 116
Introduction 117
The future of drug development 117
Impact of the economy 119
US healthcare reform 120
Biosimilars 121
Biotechnology in 2010 - 2015 123
Where biotech fits into Big Pharma 125
Dedicated biotechnology companies 127
Biotech tech transfer deal trends 2010 - 20
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