If this box remains here for more than 30 seconds, click this link to try again.
Industries
Functions
Home » Products & Services » Benchmarking Reports » Alliances & Partnerships
Download FREE Excerpt
10 Info Graphics
15 Data Graphics
135 Metrics
28 Best Practices
Single User: Authorizes use by the person who places the order or for whom the order was placed.
Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.
Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.
Buy Now
In light of the changing deal landscape and these critical alliance management issues, business development organizations at large Pharmaceutical and biotech companies alike seek to improve their own business development efforts to successfully negotiate strategic alliances that are most valuable to their goals. This study looks at the most critical factors in managing the deal-making process. Specifically, this study examines the areas of:
Industries Profiled: Pharmaceutical; Biotech Companies Profiled: Aderis; Atherogenics; Atrix; Bristol-Myers Squibb Medical Imaging; Cardiome; CV Therapeutics; Micrologix; GlaxoSmithKline; Astellas.
Study Snapshot Profitable Partnerships: Excellence in Alliances (OP-98) examines how the business development executives at biotechnology and pharmaceutical companies view success in alliance creation, development and execution. This report captures metrics which rank and evaluate the importance of key factors that drive success in deals. It explains insights from business development executives on strengths and weaknesses in deal making and execution. By studying these metrics and narratives, your company will gain the necessary information to conduct a performance gap analysis, identify potential areas for improvement, and then close performance gaps in your business development team.
Key Findings 1. Exhibit transparency throughout the alliance to build trust and maximize efficiency. Displaying openness during and after the negotiation phase of a deal is an element that most interviewed executives cited as necessary to ensure success. 2. Manage the natural tension between large and small companies during negotiations to facilitate alliance progress. Cooperation usually is not a natural act for companies in the same industry – best-in-class companies recognize this tension and work to openly resolve conflict and encourage cooperation. 3. Openly discuss scenarios in risk-taking to make sure expectations are clear. Interviewed executives cited frequent disappointment with issues of risk-taking when dealing with partner companies.