Excellence Services Program Delivers a Road Map to Successfully Guide the Pharmaceutical Industry Through the New Alliance Landscape

CHAPEL HILL, N.C., Jan. 13, 2012 /PRNewswire/ -- Facing patent cliffs and shrinking pipelines, the pharmaceutical industry is turning to alliances - either through in-licensing deals or M&A activities - as a way to maintain growth and profitability. It's a sound strategy, but a difficult one to effectively put into practice. The process of identifying, negotiating and consummating a business is fraught with potential pitfalls. With 2012 shaping up to be a pivotal year for organizations to position themselves for future success, business development leaders need a relationship road map to help guide them through the new alliance landscape.

To that end, Best Practices, LLC has collected hundreds of best practices, narratives, and metrics around the issue of developing strategic alliances. To provide biopharma executives with the critical information they need to succeed in the highly competitive alliance/partnership arena, we have consolidated our best research and services regarding in-licensing and mergers & acquisitions into the Alliance Excellence Services.

The Alliance Excellence Services provides benchmarking and networking solutions that address a variety of mission-critical issues that includes:

In-licensing

• Defining and executing the corporate in-licensing strategy
• Staffing your group with the right talent and in the right numbers.
• Shepherding compounds through the in-licensing process

Mergers & Acquisitions

• Ensuring a strategic alignment with potential partners
• Understanding and managing cultural issues with potential partners
• Executing post-deal closure integration activities
• Trends in merger and acquisition integration

This information and much more has been consolidated into the Alliance Excellence Services, a comprehensive database, report and solution service that provides valuable insights and data that business development executives can use to ensure superior results. These services contain valuable material for each phase of the alliance process. Pharmaceutical executives will find the primary and secondary research information provided in this product essential for helping pharma leaders to coordinate, communicate and execute the critical activities that are required to have effective partnerships.

To explore the Alliance Excellence Services in greater detail, review our complimentary research excerpt at http://www3.best-in-class.com/or5.htm.

The head of the Excellence Services channel at Best Practices, LLC is Cameron Tew, executive director publishing and advisory services. Tew connects professionals in market research, product launch, sales and other key functions to benchmarking and networking solutions through Best Practices LLC's Excellence Services program. Tew can be reached at [email protected] or 919-767-9246.

ABOUT BEST PRACTICES, LLC

Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations.

SOURCE Best Practices, LLC