R&D Spin-outs in the pharmaceutical industry

The high number of research and development (R&D) spin-outs in the pharmaceutical industry during the last 10 years focusing on drug development or offering specialised services demonstrates that pharmaceutical companies believe, through doing this, they can improve R&D performance....

Verfasser: Festel, Gunter
De Cleyn, Sven H.
FB/Einrichtung:FB 12: Chemie und Pharmazie
Dokumenttypen:Artikel
Medientypen:Text
Erscheinungsdatum:2011
Publikation in MIAMI:05.08.2012
Datum der letzten Änderung:18.03.2016
Quelle:Journal of Business Chemistry, 8 (2011) 3, S. 101-113
Angaben zur Ausgabe:[Electronic ed.]
Fachgebiet (DDC):330: Wirtschaft
Lizenz:InC 1.0
Sprache:English
Anmerkungen:Section "Research Paper"
Format:PDF-Dokument
URN:urn:nbn:de:hbz:6-79379590027
Permalink:https://nbn-resolving.de/urn:nbn:de:hbz:6-79379590027
Onlinezugriff:2011_vol-8_iss3_101-113.pdf
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520 3 |a The high number of research and development (R&amp;D) spin-outs in the pharmaceutical industry during the last 10 years focusing on drug development or offering specialised services demonstrates that pharmaceutical companies believe, through doing this, they can improve R&amp;D performance. In a study, 43 European drug development as well as service oriented R&amp;D spin-outs were analysed with regard to background, impact, realisation and the underlying strategy of the pharmaceutical parent companies. Spin-out creation can help to refocus the company strategy. Following a merger or simply complementing a strategic realignment on core areas, spin-outs provide a valuable option to leverage assets of low strategic importance, or under-exploited assets in their parent companies. Key aspects are strengthening the entrepreneurial spirit, a clear focus on core activities, performance-oriented controlling through cash-driven key indicators, high identification with the company, and appropriate financial incentives for management and staff.<br><br><br> 
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