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Partnering For Success: Using Strategic Alliances To Leverage Resources
Michael J Hogg
International Counsel
Abstract
Early stage biotechnology companies face daunting odds in their quest to bring their first products to market. Strategic alliances are a sound means of leveraging scarce resources to increase the biotechnology company's ability to build a successful business. This article draws upon experience in the USA to provide a series of tips to facilitate establishing productive business alliances.
"A strategic partner will work with the biotechnology company, providing skills and resources in a joint effort to attain goals that neither can achieve alone."
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