Enhancing Collaboration Management with PharmaCircle's Partnership Tracker: A Strategic Approach to Global Pharma Alliances
Year: 2024
Type: article
Abstract: The pharmaceutical industry involves long and complicated processes for developing new products, changing rules from regulators, and more demands to create new treatments quickly and cheaply. In the last 15 years, the way companies do research, development, marketing, and distribution has changed a lot, with more focus on working together with other companies. These partnerships are important because they help share resources, risks, and speed up the process - which is very important in an industry where developing a product can take over ten years and cost billions of dollars. To help with this, the Partnership Tracker project has created a new platform that makes it easier to analyze these partnerships for both products and companies, helping pharmaceutical companies make better decisions.
Author: Selda Candan
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4406420378
