Although family-owned Boehringer Ingelheim GmbH is the only private firm in the top 20 largest biopharmas, its executives are quick to explain that most of their operations function in the same way as their publicly traded peers – with high standards for research and development and business development, and regular reviews of performance against goals. But one distinction BI execs acknowledged in a series of interviews with In Vivo is that not operating on the rhythm of the quarterly financial reporting cycle allows BI to keep a long-term focus.
136 Years And Counting: Boehringer Ingelheim Sees Advantage In Private Structure
The family-owned German pharma dates back to 1885 and tries to keep up with its publicly traded peers by not mimicking everything they do, but with a “value by innovation” focus.
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