Strategic pharmaceutical partnerships improve cost efficiencies and accelerate speed-to-market
(PRWEB UK) 27 March 2014 -- "For the past five years, a wave of strategic partnerships between large bio/pharma companies and clinical research organizations (CROs) has been implemented to drive more flexibility, reduce costs and extend expertise. These partnerships have been shown to improve efficiencies, decrease internal oversight, accelerate cycle times, provide access to global patient populations, and limit overhead. In fully established strategic partnerships, speed-to-market can be accelerated by months and cost efficiencies can reach 25% to 30% relative to traditional transactional outsourcing." - CRO Strategic Partnerships Benefits for small- and mid-sized biopharma, By Josh Schultz, PAREXEL, Published March 6, 2013, Contract Pharma
Based on this, SMi's inaugural European BioNetworks Summit will highlight the benefits of strategic partnerships.
Jorgen Drejer, Chief Executive Officer, Aniona will discuss:
• New deal structures for innovation in drug discovery
• Maximising innovation and productivity in partnerships
• Expected trends for drug discovery business models:
• Venture capitalist, government funding, pharma partnering, spin out, joint ventures
In addition our interactive panel discussion "The 4 musketeers…'one for all and all for one' — how can pharma, biotech, academia and venture capitalists live by this motto!" will focus on:
• Reviewing the various collaboration opportunities to increase R&D and innovation
• Seeking out partners with complementary strengths to lead innovation
• Creating a flexible, independent and lean structure amongst partners that allows for rapid decision making
• Maximizing the potential gains from successful R&D and business development relationships
• Understanding how to mitigate the risks of partnering to: maximize ROI and boost creativity
Panel discussion led by:
Lubor Gaal, Head of Europe, Business Development, Bristol-myers Squibb
Timothy Herpin, Head of Transactions (UK), Business Development, AstraZeneca
Jorgen Drejer, Chief Executive Officer, Aniona
Robert Williams, Chief Development Scientist, Drug Development Office, Cancer Research UK
Joseph Sweeney, Professor of Catalysis and Chemical Biology, Department of Chemical Sciences , University of Huddersfield
Sofia Ioannidou, Investment Director, Edmond de Rothschild Investment Partners
For more information on this conference visit http://www.smi-online.co.uk/bio-networks35.asp or contact Sajid Goraya on +44 20 7827 6148 or email sgoraya(at)smi-online(dot)co(dot)uk.
For those interested in attending there is a £300 discount until the 31st March.
About SMi Group
Established since 1993, the SMi Group is a global event-production company that specializes in Business-to-Business Conferences, Workshops, Masterclasses and online Communities. We create and deliver events in the Defence, Security, Energy, Utilities, Finance and Pharmaceutical industries.
We pride ourselves on having access to the world’s most forward thinking opinion leaders and visionaries, allowing us to bring our communities together to Learn, Engage, Share and Network. We hold events in over 30 major cities throughout the world including London, Paris and Singapore and to date have welcomed over 200,000 participants from 80 countries.
For more information, please visit http://www.smi-online.co.uk.
Sonal Patel, SMi Group Ltd, +44 2078276106, [email protected]
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