Magazine Article | January 4, 2021

5 Elements Of A Long-Term Partnership Strategy

Source: Life Science Leader

By Renee Tannenbaum

Securing a partnership is one thing, but nurturing a meaningful partner relationship that stands the test of time is another thing entirely. Meaningful partnerships that bring value to both companies are not easy to come by.

We work in an industry full of risks and challenges — from clinical failures to regulatory hurdles, we boldly face the difficulties of drug development daily in order to bring change to the lives of the patients we serve. If you are heading into the clinic, it goes without saying that you will need to invest time and resources into careful planning and risk mitigation. Why not apply the same sense of care and strategic planning when entering a long-term partnership?

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