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Balancing Innovation and Safety: The Tepezza Lawsuit’s Implications for the Pharmaceutical Industry

Strategy Driven

The mere onset of an unknown medical condition has the pharmaceutical giants leaving no stone unturned to deliver the antidotes as fast as they can. In this blog post, we will shed light on the concerns surrounding Tepezza and what it means for the ever-growing pharmaceutical industry.

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The Situational Leadership® Model in the Pharmaceutical Industry

The Center For Leadership Studies

The third reviewed our history with manufacturing organizations , and the paragraphs that follow will target our experience with pharmaceutical customers. A pharmaceutical company discovers, develops, produces and commercializes medicine. Pricing in pharma has always been complicated especially for truly innovative therapy (i.e.,

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How We Learn From Failure Defines Innovation

The Horizons Tracker

A study from the University of Illinois Urbana-Champaign reveals that how organizations learn from failures depends on two key factors: the nature of the failures and the innovation capabilities of the firms involved. companies in the medical device and pharmaceutical sectors between 2000 and 2016. ”

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Diverse Boards Are More Innovative

The Horizons Tracker

However, the research also highlights the significance of diverse educational, industrial, and organizational backgrounds among managers and board members in fostering innovation in research and development (R&D), thereby generating both economic and social value. ” . ”

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Businesses Are Unintentionally Limiting Their Innovation

The Horizons Tracker

In their search for innovative solutions, businesses actively seek a variety of unique ideas. However, focusing on a specific set of ideas also means the company might miss out on fresh and innovative ones. In rapidly evolving industries like technology, narrowing the search for ideas may not lead to innovative breakthroughs.

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Healthcare Innovation Lessons From Covid-19

The Horizons Tracker

New research from the University of Bath examines the topic from an innovation perspective and ponders what lessons we can learn both from the Covid pandemic and previous disease outbreaks. The research finds that there is a clear sense of diminishing effort with regard to pharmaceutical R&D. ” the researchers ponder.

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Common Ownership Can Improve Innovation Efficiency

The Horizons Tracker

It’s a narrative that paints a picture of investors backing perhaps a single startup in an industry, but research from Wharton highlights how VCs increasingly hedge their bets across a number of startups, and what’s more, this practice actually improves the efficiency of innovation in that sector. Supporting innovation.