Innovation and entrepreneurship have been the hallmarks of the life sciences industry since its inception. Some of today’s most successful global companies began as a small team of scientists with little more behind them than a strong belief in the science they were pursuing.
While success in the life sciences industry has never been easy, emerging life sciences firms today face an even more challenging environment than their predecessors. Not only do they need to get their product approved, they must find a path to be adequately rewarded in an era of strained governmental budgets and increasingly demanding payors who seek evidence of improved patient outcomes.
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