Strategic alliance as a competitive tactics for biological-pharmacy industry

Conf Proc IEEE Eng Med Biol Soc. 2005:2005:2406-8. doi: 10.1109/IEMBS.2005.1616953.

Abstract

Biological-pharmacy industry refers to biotechnology companies and pharmacy makers. Because of the uncertainty and time-lag in the field of biological-pharmacy, the former is confronted with lacking of capital and the later is faced with improving technique-innovation and product-exploitation. This paper analyzes basic operation principle of strategic alliance, and related strategies are also put forward for biological-pharmacy enterprise to carry out.