Header

UZH-Logo

Maintenance Infos

Virtual pharmaceutical companies: Collaborating flexibly in pharmaceutical development


Forster, Simon P; Stegmaier, Julia; Spycher, Rene; Seeger, Stefan (2014). Virtual pharmaceutical companies: Collaborating flexibly in pharmaceutical development. Drug Discovery Today, 19(3):348-355.

Abstract

Research and development (R&D) collaborations represent one approach chosen by the pharmaceutical industry to tackle current challenges posed by declining internal R&D success rates and fading of the blockbuster model. In recent years, a flexible concept to collaborate in R&D has emerged: virtual pharmaceutical companies (VPCs). These differ from other R&D companies, such as biotech start-ups, collaborating with big pharmaceutical companies, because they solely comprise experienced teams of managers. VPCs have only been described anecdotally in literature. Thus, we present here the characteristics of a VPC and suggest how big pharma can leverage the concept of VPCs by introducing five possible modes of collaboration. We find that one mode, investing, is particularly promising for big pharma.

Abstract

Research and development (R&D) collaborations represent one approach chosen by the pharmaceutical industry to tackle current challenges posed by declining internal R&D success rates and fading of the blockbuster model. In recent years, a flexible concept to collaborate in R&D has emerged: virtual pharmaceutical companies (VPCs). These differ from other R&D companies, such as biotech start-ups, collaborating with big pharmaceutical companies, because they solely comprise experienced teams of managers. VPCs have only been described anecdotally in literature. Thus, we present here the characteristics of a VPC and suggest how big pharma can leverage the concept of VPCs by introducing five possible modes of collaboration. We find that one mode, investing, is particularly promising for big pharma.

Statistics

Citations

4 citations in Web of Science®
4 citations in Scopus®
Google Scholar™

Altmetrics

Downloads

445 downloads since deposited on 19 Feb 2015
192 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, further contribution
Communities & Collections:07 Faculty of Science > Department of Chemistry
Dewey Decimal Classification:540 Chemistry
Language:English
Date:March 2014
Deposited On:19 Feb 2015 13:43
Last Modified:08 Dec 2017 10:57
Publisher:Elsevier
ISSN:1359-6446
Publisher DOI:https://doi.org/10.1016/j.drudis.2013.11.015
PubMed ID:24291787

Download

Download PDF  'Virtual pharmaceutical companies: Collaborating flexibly in pharmaceutical development'.
Preview
Content: Accepted Version
Filetype: PDF
Size: 226kB
View at publisher