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Map Related glossaries include Business
of biopharmaceuticals, Financial, Intellectual
property & legal, Research
acquisitions:
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alliances:
Agreements between two or more companies to cooperate
in some way. Originally a military and legal term for treaties between
sovereign states, could be offensive, defensive or both.
Narrower terms: alliance
networks, emerging company alliances, strategic
alliances.
anti-trust guidelines: Intellectual property
& legal
Bayh-Dole Act: Intellectual
property & legal
biopharma
alliances: The model
for development of new pharmaceutical products is changing rapidly ... Bio-Pharma
Alliance Summit, Nov 5-6, 2007 Philadelphia PA
CORDIS Community Research and Development Information Service:
An important source on EU [European Union] R&D programmes and relevant
matters ... distributed: via the CORDIS World Wide Web service, which includes
access to the CORDIS databases. http://www.cordis.lu/en/home.html
CRADA Cooperative Research and Development Agreement: A written
agreement between a private company and a government agency to work together
on a project. By entering into a CRADA, the [US] Federal government and non-
Federal partners can optimize their resources and cost effectively
perform research by sharing the costs of this research. The collaborating
partner agrees to provide funds, personnel, services, facilities, equipment
or other resources needed to conduct a specific research or development
effort while the Federal government agrees to provide similar resources
but not funds directly to the partner. http://www.usgs.gov/tech-transfer/what-crada.html
collaboration:
Collaboration can be horizontal (a group of small companies), vertical
(suppliers and customers), sectoral (same industry sector) or lateral (complementary
but different sectors). From the Latin, meaning to work with.
Related terms:
alliances, alliance networks, competitor collaboration, consortium, joint
venture, partnering, research joint venture, strategic alliance, technology
transfer, technology web; Intellectual
property & legal anti- trust
communities of practice:
Informal groups ... the latest technique for
getting employees to share what they know, seven ways to encourage such
communities in your company. CIO Magazine, May 2002 Excerpted
with permission of Harvard Business School Press. Cultivating Communities of
Practice: A Guide to Managing Knowledge by Etienne Wenger, Richard McDermott and
William M. Snyder. Copyright 2002 http://www.cio.com/archive/051502/excerpt.html
competitive
advantage: The quest for competitive advantage
often inspires executives to imitate the strategies of the most successful
companies. Interestingly, however, precisely opposite factors are considered
sources of competitive advantage at different points in time. ... Clayton
Christensen, a leading thinker on disruptive technologies, alerts managers to
the imperative of understanding the context that supports a particular
competitive advantage. He explains why, for example, pharmaceutical companies'
current focus on ever larger mergers is moving them in exactly the wrong
direction at exactly the wrong time. C Christensen, Past and Future of
Competitive Advantage, Sloan Management Review, 42 (2): 105-109, Winter 2001 http://web.mit.edu/smr/issue/2001/winter/9/ competitor collaboration:
Intended to explain how the agencies analyze certain anti-
trust issues raised by cooperation among competitors. Antitrust
Guidelines for Collaborations among Competitors, Federal Trade Commission, Dept.
of Justice, April, 2000. http://www.ftc.gov/os/2000/04/ftcdojguidelines.pdf Related terms:
Research
pharmaceutical pre-competitive R&D, RJV Research joint
venture consortium, consortia:
A consortium is typically a loose,
long- term alliance
between competitors in a given industry. Research and development consortia
are a specific type of consortia that focus on basic research and sometimes
applied research, rather than downstream activities such as production.
While joint ventures and licensing partnerships are relatively traditional
forms of inter-firm collaboration, R&D consortia are new to the scene.
Under the National Cooperative Research Act (NCRA) of 1984, these
sorts of industry- based consortia became immune to anti- trust legislation
in the United States. The NCRA emphasizes the pre- competitive
aspect of R & D ... To date, no U.S. consortium has been prosecuted under
any anti- trust legislation. The collaboration of competitors in early
phases of the innovation process can yield great advances for the entire
industry involved in the consortia. "Collaboration between Firms
in Information Technology" Chris Rigatuso, Takeshi Tachi, Dennis Sylvester,
Mark Soper; Strategic Computing and Communications Technology course *,
Department of Electrical Engineering and Computer Sciences, Univ. of
California- Berkeley,
US, Spring 1997
Related terms:
technology consortia; Intellectual
property & legal anti- trust
discovery rights: Selling only research findings in the agreement
while keeping rights to all the knowledge that is uncovered along the way.
(Millennium Pharmaceuticals has been cited as an example of this model.)
early
stage compounds: See under licensing
European
Research Area http://www.cordis.lu/era/home.html expectations
management: extension of agreement: Agreement coming out of a previous association,
may depend upon the achievement of specific milestones.
joint venture: An association formed for a specific purpose (and
duration) between two or more parties. Originally a real estate term, now
use much more widely. Unlike most partnerships, a joint venture anticipates
eventual termination of the arrangement. Related terms:
NCRPA definition of
"joint venture", pre- competitive R&D, RJV Research joint venture.
keiretsu:
The framework of relationships in postwar Japan's big banks
and big firms... About Economics http://economics.about.com/library/glossary/bldef-keiretsu-system.htm
late stage
compounds: See licensing
leveraging:
Creation of collaborative relationships or formal agreements with others outside
FDA. The collaborations may develop as partnerships, cooperative agreements, or
other similar arrangements entered into by a component of FDA and another
organization, such as a corporation, educational institution, trade or consumer
group, government agency, or foreign government. Leveraging is always
cooperative and beneficial to all the parties involved, and is structured to
advance FDA’s mission to protect and promote the Nation’s public health. ...
Resources that might be leveraged are numerous, but typical examples would be
expertise, equipment, emerging technologies, and databases. FDA, Guidance for
FDA Staff, Leveraging Handbook, An agency handbook for effective collaboration,
2003 http://www.fda.gov/oc/leveraging/handbook.html#Agency licensing: More
important than ever these days with R&D expenses increasing faster than the
approval of new drugs.
Mergers and Acquisitions M & A: Financial
pharmaceuticals
NCRA National Cooperative Research Act:
Restrictions on multi- firm
cooperative research relationships were lifted with the passage of NCRA
in 1984. This law was enacted to encourage U.S. firms to collaborate on
generic, precompetitive research. To gain protection from antitrust litigation,
NCRA requires firms engaging in RJVs [Research Joint Ventures] to register
them with [the US] DOJ Department of Justice.] [National Science Foundation
"Science and Engineering Indicators 2000" http://www.nsf.gov/sbe/srs/seind00/access/c2/c2s6.htm
NCRPA National Cooperative Research and Production Act:
1993
amendment to the National Cooperative Research Act (NCRA), encouraging
corporations to engage in joint ventures for purposes of research and development
and/or production.
outsourcing: Business
of biopharmaceuticals
partnership:: A business enterprise entered into for profit which
is owned by more than one person, each of whom is a "partner." A partnership
may be created by a formal written agreement, but may be based on an oral
agreement or just a handshake. Each partner invests a certain amount (money,
assets and/ or effort) which establishes an agreed upon percentage of ownership,
is responsible for all the debts and contracts of the partnership even
though another partner created the debt or entered into the contract, has
a share in management decisions, and shares in profits and losses according
to the percentage of the total investment. ... A "limited partnership" limits the responsibility for debts beyond
the investment to the managing "general partners." The investing "limited
partners" cannot participate in management and are limited to specific
percentages of profit. A partnership differs from a "joint venture,"
which involves more than one investor for only a specific short term project
and prompt division of profits. [law.com] http://dictionary.law.com/definition2.asp?selected=1460&bold=|||
partnerships
– biotech & pharma: "how-to” information on
successfully initiating and negotiating an agreement, through to ensuring its
success post- signing. Molecular
Medicine: conference
pre-competitive R&D, Research Joint Venture RJV: Research
pharmaceutical
SBIR Small Business Innovation Research:
A highly competitive
[US] program that encourages small business to explore their technological
potential and provides the incentive to profit from its commercialization.
http://www.sba.gov/SBIR/sbir.html
STTR Small Business Technology Transfer:
A [US] small business
program that expands funding opportunities in the federal innovation research
and development arena. Central to the program is expansion of the public/private
sector partnership to include the joint venture opportunities for small
business and the nation's premier nonprofit research institutions. http://www.sba.gov/SBIR/sttr.html
strategic alliances:
Drug development is extremely capital intensive, costing an
estimated $500 million and taking 10 years or more to bring a product to
market. Most biotechnology companies have no product sales (oft-quoted revenues
and exports consist mainly of interest income from invested capital and income
earned from alliances) and lack the resources to exploit the products they are
developing. For biotech firms, licensing brings in much needed income and
improves access to the equity markets by validating their commercial potential
to outside investors. The multinational pharmaceutical industry in turn gets an
infusion of new products and technologies to sustain earnings at a time it is
suffering from a dramatic decline in new chemical entities. Product Definition,
The Biopharmaceutical Sector, Industry Canada, 2003 http://strategis.ic.gc.ca/epic/internet/inbio-pha.nsf/en/df00020e.html#2.1
May refer to a joint venture,
partnership or an
alliance network. Strategic implies that one (or each) companies
have something unique to bring to the agreement. (Not all alliances are
as strategic as their participants initially hoped for.) May well involve
more than two entities.
TRAs Technology Research Associations:
Japanese groups working
through MITI (now METI).
technology consortia:
The era of companies doing everything in- house has passed. Collaboration of competitors
in the early phases of the innovation process can result in great benefits
for the entire industry. In the US pre- competitive R&D consortia
have flourished since passage of the National Cooperative Research Act (NCRA) in 1984. Japan had Technology Research Associations (TRAs)
even earlier. The development of standards by consortia can play a useful
role in emerging and disruptive technologies. Consortia can share R&D
costs and risks, particularly when existing technologies are in flux.
They can work against short product life cycles requiring high frequency
of innovations. But new and truly disruptive technologies are a potential
minefield. Shared and complementary visions, governance, finance,
communication and trust can be difficult to maintain. Intellectual property
rights can be problematic.
technology service agreement: Often refers to information technology,
including agreements to maintain, service, customize and update information
technology.
technology transfer:
There is no widely accepted definition of
technology transfer, but, generally speaking, technology transfer is the
sharing of knowledge and facilities among: Federal laboratories, Industry,
Universities, Federal, state, and local governments , Third party
intermediaries. The concept of technology transfer as a practical matter becomes
clearer when one understands what technology transfer is designed to accomplish.
For instance, the purpose of a federal technology transfer program is to make
federally generated scientific and technological developments accessible to
private industry and state and local governments. These users are then
encouraged to develop the technology further into new products, processes,
materials, or services that will enhance our nation's industrial competitiveness
or otherwise improve our quality of life. What is Technology Transfer? National
Technology Transfer Center, Wheeling College Inc. 1996 http://www.nttc.edu/products/guide/seca01.html
Can cover a wide spectrum of activities,
from informal exchanges of ideas between visiting researchers to contractually
structured research collaboration involving the joint use of facilities
and equipment. Only since the late 1980s, however, has technology transfer
become an important mission component of most Federal labs. Some
agencies, however, have long shared their research with the private sector
(e.g., USDA’s Agricultural Research Experiment Stations and NASA’s civilian
aeronautics programs), and several laws passed in the early 1980s encouraged
such sharing — notably, the Stevenson- Wydler Technology Innovation Act
of 1980. National Science Foundation Science and Engineering
Indicators, 2000 http://www.nsf.gov/sbe/srs/seind00/access/toc.htm#chapter2
The Bayh-Dole Act (1980) is also frequently cited as having a major
impact on university technology transfer.
Technology
Transfer Forum: Brokering the Right Partnerships A
panel of technology transfer, business development, and licensing experts
representing academia, non-profit organizations, pharmaceutical and
biotechnology companies will present case studies to elaborate on what works and
what doesn’t when striking the right partnerships. This will be followed by a
series of presentations given by genomic companies looking to license their
technology or find a suitable partner to help in its development. Business
of Genomics: Bridging the gap from Concept to Realization June 2009 San
Francisco CA
NIH Office Of
Technology Transfer http://ott.od.nih.gov/
university-industry partnerships and intellectual
property: Intellectual Property & legal
Alpha
glossary index
Evolving Terminologies for Emerging Technologies
Comments? Questions?
Revisions? Mary Chitty mchitty@healthtech.com
Last revised November 30, 2009
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See also Framework Programme
Related
term: collaboration auctions
Deal Glossary, Kennett, 2009 http://www.kennet.com/what-we-invest-in/deal-glossary/
about 10 definitions