Track G

G7 The New Academic Industry Partnering Paradigm, Driven by Open Innovation and Novel Collaboration Models

Track: Industry/Academic Partnerships

Target Audience: All Audiences

Jarrod Borkat, Medimmune

Sunita Malhotra, Abbvie
Sharon Semones, Eli Lilly and Company
Jon Soderstrom, Yale University
Craig D. Wegner, AstraZeneca Pharmaceuticals
Amanda Wooding, Cambridge Enterprise Limited

Advancement of science sometimes requires us to work in novel and more open ways than in the past. Recently there has been a surge in novel academic university collaborations as industry recognizes that great ideas come from many sources. To advance science and deliver the best new medicines to patients, pharma and biotech are finding creative ways to build more collaborative environments with academia, government and foundations. Stay abreast of the latest trends and collaborations as we discuss novel academic-university collaboration models, including open innovation. Hear great examples of new collaboration models and open innovation have helped academia and industry leverage each other’s strengths while achieving mutually beneficial outcomes. Explore some of these creative models – driving forces behind formation of the collaboration, each partner’s contributions, and each partner’s expectations of benefits. In addition, we will explore different approaches to addressing the challenges associated with open innovation and academic-industry collaborations.

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