Summary
Pharmaceutical industry consolidation has led to the loss of hundreds of jobs in New Jersey in recentyears.
[...] Weiss said the mature pharma business model "is giving way to the growth of new ideas and new firms, and the future is really going to be built on a hybrid model of existing pharma and brand new biotechs that create treatment regimes and formulas that we have never seen."See the full content of this document
Extract
Big Pharma Finds Success in Courting Smaller Rivals
BIG PHARMACEUTICALcompanies are looking beyond their own laboratories to fill their drug pipelines, and often the products they discover are the fruits of "biopartnering" with small life sciences companies.
"The world is changing, and there is an explosion of knowledge outsi...See the full content of this document
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