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Cambridge Healthtech Institute Announces Its Premiere Collaborative Innovation in Biomedicine Conference
Date:3/3/2009

Drivers, Best Practices and Strategies for Pre-Competitive Consortia.

Needham, MA (PRWEB) March 3, 2009 -- Cambridge Healthtech Institute announces its Premiere Collaborative Innovation in Biomedicine conference, to be held June 22-23, 2009 at the Marriott at Metro Center Hotel in Washington, DC. This conference is aimed at addressing some of the key challenges facing the pharmaceutical industry today, including, what has been described as the "Revenue Cliff" that the pharmaceutical industry faces, as a number of key patents expire on major drugs, as well as how the industry confronts the additional challenges of declining pipeline productivity, declining availability of R&D resources, and increasing regulatory and business practice pressures.

The program will focus on pre-competitive, consortia-based collaboration in drug discovery and development as a way of addressing major shared challenges within the industry, while sharing the cost for these solutions. "Given the number of challenges that the industry is facing," says Phillips Kuhl, President of Cambridge Healthtech Institute, "There is clearly a need for new models and approaches. Although this approach runs counter to some deeply entrenched attitudes within the industry, sharing best practices from past and current successful consortia provides a valuable approach for better understanding where this new model may be applied, and how they can be organized and managed for success."

The conference program will deal with such questions as how best to organize and manage these consortia, guidelines for data sharing, and how to effectively manage IP issues. The conference will feature speakers with first-hand experience in setting up and running successful consortia. Speakers will talk from first-hand experience about what works and what doesn't as the program explores the most important new
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