Pharmaceutical Business Development and Licensing

Cutting Edge Information
June 1, 2011
SKU: CIGQ6647917
License type:
Whether the target is a new drug or new capital, business development and licensing deals pump lifeblood into pharma companies of all sizes.

Everyone has a different motivation for dealmaking: larger companies face portfolio gaps, for example, as well as patent expirations, pipeline setbacks and other challenges. Smaller organizations may have wizards in the lab — but limited infrastructure and resources to commercialize their innovations.

Superior business development teams address critical strategic needs by aligning goals with deal opportunities, navigating negotiation challenges and establishing clear protocols to manage relationships and create lucrative partnerships.

Gain access to both sides of the negotiating table with detailed metrics and real-company practices for business development efforts of all sizes:
  • Build a top-notch BD&L team: Explore structure models that bolster communication and streamline reporting relationships. Use detailed benchmarks to discover when companies pursue deals — and ensure your BD team has ample spending and staffing resources.
  • Maximize deal position: Follow strategic recommendations to guarantee a thorough process and a well-negotiated deal. Evaluate prospective partners and see how they’ll evaluate you as you identify red flags and avoid weak deals. See who should be involved in the process and when — and learn to expertly handle the tough questions that inevitably arise.
  • Master post-deal management: Examine real-company practices for managing partnerships, with or without a formal alliance management team. Get the right personnel involved at the right points — and build institutional memory that will protect the partnership from employee turnover.