The new research illustrates there has been a significant shift in recent years from traditional, asset-based or transactional agreements to more open, collaborative approaches for conducting biopharmaceutical research.
Deloitte compiled and analyzed a database of thousands of partnerships initiated between 1995 and 2014.
In that time, the number of research and development partnerships grew from about 4,000 to approximately 9,000.
Not only was the number of partnerships changing, but also the type.
The report also includes examples that illustrate the breadth and variety of partnerships underway.
Researchers are working together to address some of the most complex disease areas, where there is a serious and unmet need, including Alzheimer’s disease, various forms of cancer, and rare diseases among many others.
These data reflect both the growing complexity of the underlying science and the diseases researchers are tackling as well as recognition of the value of collaboration between and among various members of the R&D ecosystem to advance the science and bring benefits to patients and society.
Stakeholders from across the ecosystem, including biopharma companies, academia, federal researchers, patient groups, providers, and others, are working together to advance the science by leveraging each other’s strengths.
Together, these partnerships are uncovering important learnings about the underlying drivers of many of the most devastating and complex diseases, driving innovation for patients.
The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country’s leading innovative biopharmaceutical research companies, which are devoted to discovering and developing medicines that enable patients to live longer, healthier and more productive lives.
Since 2000, PhRMA member companies have invested more than half a trillion dollars in the search for new treatments and cures, including an estimated $58.8 billion in 2015 alone.