TECHNOLOGY TRANSFER IN PHARMACEUTICAL

Description

Technology transfer in the pharmaceutical industry involves the systematic exchange of knowledge, skills, and technology between different organizations. This process is crucial for the development and commercialization of new drugs and medical devices. It encompasses various activities, including technology licensing, joint ventures, and strategic partnerships. By efficiently transferring technology, pharmaceutical companies can accelerate innovation, reduce development time, and improve market access. Effective technology transfer requires careful planning, clear communication, and strong collaboration between the transferring and receiving organizations.