A Long and Winding Road


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In today’s biopharma economy, declining R&D productivity combined with increased development costs have made investment portfolio managers skittish, says Chip Gillooly, VP, capital, at Quintiles.
“The risks associated with investments are high, and the lack of output is making everyone nervous,” he says. “To manage this new high-risk environment, and continue to deliver valuable and accessible therapies, biopharma companies must find ways to increase output, decrease costs, and eliminate unnecessary layers of bureaucracy that hinder productivity. As new drug applications arising from discovery efforts have dried up, investors…

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