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Insights

The Biotech Perspective 2023

In this year's report, we delve into the biotech mindset again, with a special focus on the pain points of the earlier stage, Finding a Partner, from their perspective.

Finding a Partner, from their perspective

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Industry Perspectives
The environmental impact of a top pharma partner and the perception of a partner as ‘green’ is increasingly a consideration for out-licensors.
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Early-stage pain points
In the period before an event, out-licensors encounter pain points that impact their partnering efforts.
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Partner and pharma ratings
Over 100 respondents rank their experience in partnering with top pharma companies to produce an overall ranking by partnering experience.

External innovation continues to be the strategy of choice

External innovation continues to be the strategy of choice for the development and commercialization of therapies in the life sciences.

In 2023, out-licensors still struggle to get their foot in the door while in-licensors struggle to navigate through the noise and find the most suitable asset for their research requirements.

Primary channels for finding a partner

# How do you primarily look for partners?

Top five components of successful collaborations

# What are the most important components in a partnership?

Delving into the biotech mindset

The survey got over 100 responses submitted by biotechs from Europe, North America, and the Asia-Pacific region which considered for this report.
Survey participants were recruited via a variety of means including email outreach to participants in the previous survey, in-person networking at life science events, inserts in newsletters sent by Inpart media subsidiary Labiotech, and advertising on Life Science Nation.