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Coorpstrat 2
Coorpstrat 2
life science
There is need of holistic view to address the
There is slow growth, stagnant productivity, increasing price pressure and declining
profits adds the reason to list
So there should be innovation and rising cost in R&D needs to be moderated by the
cooperative strategies
Also the major challenges are how to finance risky investment, how to learn fast to
keep pace with advances in drug science knowledge and to integrate capabilities
across broad spectrum
Hence, the emerging situations demands cooperative strategies and more contribution
from more capable firms yet underperforming in India and Japan.
This can attribute to their capabilities and create & protect the favorable context through
intellectual property and legal system and the existing crisis can be addressed