Innovation Without Discovery

What's the fastest, lowest-risk route to an approved drug? Develop somebody else's clinical-stage therapeutic. But finding them is tough--and to get a reasonable return on investment, the in-licensor needs to bring value the originator couldn't.

by Roger Longman

Speaking at BIO's March 1997 CEO conference, Kevin Kinsella, the founder of numerous technology-focused biotechs, noted the vast number of...

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