Why is technology transfer important in the pharmaceutical industry?
Technology transfer is crucial in the pharmaceutical industry as it enables the efficient and effective dissemination of scientific knowledge, production techniques, and expertise from research and development (R&D) to manufacturing processes. It involves the transfer of technology, intellectual property rights, and technical know-how from one organization to another, typically from academia or R&D institutions to pharmaceutical companies. Technology transfer helps in accelerating drug development and commercialization, reducing costs, improving manufacturing capabilities, and enhancing product quality and safety. It allows pharmaceutical companies to remain competitive by accessing new discoveries, innovative processes, and improved manufacturing practices, ultimately benefiting patients by ensuring access to high-quality, safe, and affordable medications.
This mind map was published on 19 November 2023 and has been viewed 83 times.
