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The process for developing new drug and biologic products is extraordinarily expensive and time-consuming. Although large pharmaceutical companies may be able to afford the cost of development because they can expect a large return on investment, organizations developing drugs to treat rare and neglected diseases are unable to rely on such returns. On June 23, 2008, the Institute of Medicine's Forum on Drug Discovery, Development, and Translation held a public workshop, "Breakthrough Business Models: Drug Development for Rare and Neglected Diseases and Individualized Therapies," which sought to explore new and innovative strategies for developing drugs for rare and neglected diseases.
The process for developing new drug and biologic products is extraordinarily expensive and time-consuming. Although large pharmaceutical companies may be able t
Create breakthrough services, products, and business models Innovating in Healthcare offers effective approaches for designing, reworking, and implementing inno
Named a Top 10 Business Strategy Book of 2018 by Inc. magazine In his pioneering book Seizing the White Space, Mark W. Johnson argued that business model innova
New product success is often attributed to intuition. Yet, while some products born from intuition do make it big, many others crash and burn. The reason is tha
Transformational new growth remains the Holy Grail for many organizations. But a deep understanding of how great business models are made can provide the key to
