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Pharma R&D Model Needs Academic Tech Transfer Collaboration for the Future of Drug Innovation Says New Report
Date:5/10/2013

p;D activity. 2012 may have boasted the highest number of FDA drug approvals since 1996, but many of these were for "me-too" drugs or medications aimed at niche therapy areas.

"In the past, the big got bigger, as large pharmaceutical companies like Pfizer, Merck, GSK and AstraZeneca relied on organic growth, getting fat and happy on the success of their respective blockbuster drugs," says Dion. "However, many of the same companies did not put in place strategies to drive innovation into the future or manage the consequences of the patent cliff. Many industry participants are now considering a move from an old and inflexible R&D paradigm to a more collaborative and open ecosystem that fosters creativity and information sharing – a substantial cultural shift for an industry with a high level of reluctance to share anything."

Greater co-operation between rival drug companies and non-profit organisations may be a difficult pill for Big Pharma to swallow, states the analyst, but this approach may ultimately prove advantageous in the long-run. This report examines the terms, platform technologies, and deal rationale of 25 pharma-academic alliances from 2012–2013.

Order / Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=91739.

Key Findings of this report include:

  • With the patent cliff and high R&D costs eroding corporate profitability, pharmaceutical companies will look for ways to replenish their pipelines by reaching out to academia in search of novel drug platforms
  • Despite the FDA approving 39 new drugs in 2012, the innovation gap continues, as many of these medicines are 'me-too' drugs, or orphan drugs indicated to treat small segments of the population suffering from rare diseases
  • Difficulty accessing capital and the continued economic r
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SOURCE RnRMarketResearch.com
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