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Virtual pharma – now for real?

November 08, 2019 / GUNJAN BHARDWAJ

Over the last decades, the advances in medical science, the growing competition and the demands of the payers have led to permanent changes and adaptations of the pharma business model. Even the biggest companies do not do everything in-house. Instead, the industry has developed partnering as one key competence for success. From discovery to production and commercialization; from clinical development to regulatory and HTA review, pharma has learned to work with partners by contracting out and coordinating activities that not too long ago were considered core competences.