March 8, 2006 — [Amherst, NH] — Lab Manager Magazine is pleased to announce the premiere issue of Lab Manager MagazineTM. The magazine, which launched both its print and di
There are several forces driving globalization of R&D. The first is to better target the R&D needs and markets of other nations. A second is to spread the costs of large projects between two partners or more to reduce the risks and costs incurred by each partner. A third is to promote the sale of the R&D results to the countries in which the R&D took place.
The pharmaceutical industry appears to be in the process of switching over to a different R&D model involving more outsourcing and less internal R&D than in the past. Perhaps a decade ago, pharmaceutical companies were outsourcing drug manufacturing
By using metrics effectively, laboratory managers can better focus their R&D efforts and be more effective in improving their firms' sales and profitability. This is essential, now more than ever, given the slow recovery from the "Great Recession."