Access Article - Bottom Line Compliance for Biotechnology: Six Secrets
Biotechnology executives frequently short-shrift one of the key indicators of a return on investment when negotiating pharmaceutical partnerships, support, or licensing: a compliance and quality system that proves the new biologic has been developed under compliant practices - thus improving the chances for ultimate approval, reducing pharma's risk, and increasing a biotech firm's negotiating stance. Given the increasingly tight financial markets biotechnology executives must operate within, can a good quality system be established for less than the cost of an average car?
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