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Deloitte White Paper Points to Recession as Turning Point for Life Sciences Industry; Indicates That Survival Will Depend on Innovation

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

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By Donald Zuhn -- On Wednesday, while the biotech industry gathered in Chicago for the 2010 BIO International Convention, Deloitte Touche Tohmatsu (DTT) released a white paper suggesting that the global recession has likely permanently reshaped the life sciences industry. To assess the long- and short-term effects of the recession, and determine whether the financial crisis was just a difficult but not insurmountable event for life sciences companies or a turning point for the industry, Deloitte surveyed 281 senior industry executives and a number of industry leaders during the fall of 2009. The paper, entitled "The future of the life...

Full post as published by Patent Docs on May 06, 2010 (boomark / email).

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