
Biotech and Pharma
Biotech and Pharma Overview
The scientific and commercial promise of Biotech and Pharmaceutical companies have not met market expectations. Success has been impeded by both internal and external factors.
Internally, Biotech and Pharmaceutical companies are challenged by organizational structure. Companies need to bring together different disciplines and facilitate information flow across organizational and disciplinary boundaries.
Externally, Biotech and Pharmaceutical companies face challenges to each of their four historic pillars of profitability - pricing flexibility, long periods of exclusivity, blockbuster drugs, and relatively low manufacturing and marketing costs.
These challenges alone and collectively have put pressure on R&D productivity, and Biotech and Pharmacaetical companies need to make wholesale structural changes to organizations and processes to achieve success in the current environment.
In his industry leading book, Science Business, Dr. Gary Pisano argues that a healthy Biotech and Pharmaceutical sector needs to look and operate differently than what we see today.
Keystone Strategy Solutions
Keystone leverages its vast research, industry knowledge, and access to cutting-edge thought leaders to deliver quality insights to Biotech and Pharmaceutical companies. Our experts advise clients on how the interaction between traditional science and practical applications can radically enhance the project development process.
Keystone’s teams use historical industry data and current frameworks to improve R&D efficiency, create Business Development strategies, develop portfolio balancing processes, and advise on external outsourcing and partnerships including working in India and China. In addition, we have developed patent expiration strategies, and overall approaches to patent lifecycle management.
Keystone’s Biotech and Pharma practice is supported by industry experts including Dr. Gary Pisano, the Harry E. Figgie Jr. Professor of Business Administration at Harvard Business School.
To learn more about the Biotech Practice contact info@keystonestrategy.com
