Published on : Nov 13, 2019
Albany, New York, November 13, 2019: Pharmaceutical industry has witnessed partnerships, licensing, investments and M&A deals for various reasons such as exploring new opportunities with artificial intelligence, R&D, drug pricing and personalized medicine. New collaboration and partnerships were welcomed on the pretext of finding new medicines and to narrow down therapeutic focus by excluding outlying assets.
Pharmaceutical trends for 2019 include greater transparency in strategy and operations with greater focus from regulators and legislators. Personalized medicine domain was allocated expanded investment for better pricing and administration. Rigorous R&D strategies were developed to gain from various innovative technologies including artificial intelligence, analytics and big data. Enhanced organizational culture was adopted to mitigate data integrity failure risks.
An intelligence report titled, “Partnerships, Licensing, Investments and M&A Deals and Trends for July 2019 in Pharmaceuticals” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.
3D visualization aids manufacturing
Investments to adopt new manufacturing methods have been pouring in the pharmaceutical engineering segment. Engineering assisted with advanced technologies such as 3D visualizations and VR instill confidence in client through design and ROI. Pharmaceutical engineering improvements in certain areas has fastened up product delivery in pharmaceutical industry. Some major areas that helped fasten up project delivery include purchase rigor and layout where layout involves quick transformation of 2D concept into 3D realization.
Major merger and acquisitions for July 2019 include collaboration between Cipla Gulf and Alvotech to commercialize adalimumab biosimilar. In the partnership Alvotech will be the developer and supplier whereas Cipla Gulf will take up the product’s registration and commercialization. Alvotech will be benefitted with Cipla Gulf’s market presence and strong network. Moreover, Cipla Gulf aims to expand its product portfolio with this collaboration. Tergus Pharma is collaborating with Green Point panthers where the latter is doing investments in Tergus to expand its manufacturing facility. The extension will be a commercial manufacturing facility dedicated to clinical trial material supplies.
Partnerships, Licensing, Investments and M&A Deals and Trends for July 2019 in Pharmaceuticals: Report Synopsis
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Partnerships, Licensing, Investments and M&A Deals and Trends for July 2019 in Pharmaceuticals: Research Methodology
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