SlideShare a Scribd company logo
1 of 1
Deals are heavily concentrated in a small
number of specialty therapeutic areas
(TAs), including oncology, inflammation,
neuroscience, and infectious diseases
Midsize oncology specialist Celgene
had the highest average score
across all attributes
It also received the most
nominations as “top partner”
and the widest recognition as
a good company to partner with
J&J, BMS, and Lilly joined—and
Merck and Roche remained in—
the top tier
Highest average score across all partnering
attributes (and change since 2012)
Study
Description
Focus on
Value Creation
Lessons for
Deal Makers
Licensing
today is
increasingly
competitive
Celgene
becomes the
top partner
of choice
Several
big pharma
companies rose
in the rankings
Partnership deals have decreased by
41% since 2010, driven primarily by
the favorable IPO market
Yet the average deal value has grown
by more than $100 million—or
nearly 60%—over the same period
Average up-front payments are also on
the rise—they’ve more than doubled
since 2010
BCG’s latest Biopharma Partnering Survey, our sixth in
12 years, examined licensing and business development
activity in the global biopharmaceutical industry. For
executives on either the buy side (licensees) or the sell side
(licensors), the survey remains the premier source of
information on licensing activity and sellers’ perceptions. The
2014 survey included responses from 63 senior executives
(including CEOs, presidents, and heads of business
development) across a range of biopharma firms worldwide.
Bigger Licensing Deals
Require Better Partners
Highlights from BCG’s 2014
Biopharmaceutical Partnering Survey
Partner that can add
value to their product/TA
(4.6 average importance)
Partnership that will
develop & prosper (4.5)
Dependable clinical
development
capabilities (4.4)
Global reach (4.2)
12 years of
surveys provide BCG
with a broad
perspective on
shiing perceptions
and priorities. Vast
structural changes
in health care, along
with the industry's
strong emergence
from the tumult of
2008-2010, have had
a profound effect on
the economics of
the industry, and in
turn, on licensing
partnership trends.
Key attributes that
sell-side companies
are looking for in
a partnership:
1
0
2
3
4
5
1 Celgene
2 Merck
3 J&J
4 Roche
5 BMS
6 Lilly
Read BCG’s latest insights, analysis, and viewpoints at bcgperspectives.com
© The Boston Consulting Group, Inc. 2015. All rights reserved.
To find the latest BCG content and register to receive e-alerts on this topic or others,
please visit bcgperspectives.com. Please direct questions to socialmedia@bcg.com.

More Related Content

More from Boston Consulting Group

Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19Boston Consulting Group
 
Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening Boston Consulting Group
 
Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19Boston Consulting Group
 
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?Boston Consulting Group
 
Retail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey FindingsRetail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey FindingsBoston Consulting Group
 
Unlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities ServicesUnlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities ServicesBoston Consulting Group
 
Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20 Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20 Boston Consulting Group
 
COVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis ChecklistCOVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis ChecklistBoston Consulting Group
 
Covid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital TransformationCovid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital TransformationBoston Consulting Group
 
COVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for NonprofitsCOVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for NonprofitsBoston Consulting Group
 
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...Boston Consulting Group
 
Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19Boston Consulting Group
 
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...Boston Consulting Group
 
How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?Boston Consulting Group
 
What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)Boston Consulting Group
 
Seven Forces Reshaping Enterprise Software
Seven Forces Reshaping Enterprise SoftwareSeven Forces Reshaping Enterprise Software
Seven Forces Reshaping Enterprise SoftwareBoston Consulting Group
 

More from Boston Consulting Group (20)

Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
Urban Mobility Is Evolving in Unexpected Ways Due to COVID-19
 
Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening Win The Fight: Crush and Contain for Safer Reopening
Win The Fight: Crush and Contain for Safer Reopening
 
Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19Seismic shifts: Retail banking in the wake of COVID-19
Seismic shifts: Retail banking in the wake of COVID-19
 
Driving Change in Racial Equity
Driving Change in Racial Equity Driving Change in Racial Equity
Driving Change in Racial Equity
 
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
What Does the Recovery of Demand for Urban Mobility Look Like Post-COVID-19?
 
Retail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey FindingsRetail Banking in the New Reality – Summary Survey Findings
Retail Banking in the New Reality – Summary Survey Findings
 
2019 CPG Growth Leaders Report
2019 CPG Growth Leaders Report2019 CPG Growth Leaders Report
2019 CPG Growth Leaders Report
 
Unlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities ServicesUnlocking the Hidden Value in Securities Services
Unlocking the Hidden Value in Securities Services
 
Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20 Navigating the COVID-19 Crisis V2 - April 20
Navigating the COVID-19 Crisis V2 - April 20
 
Navigating the COVID-19 Crisis V1
Navigating the COVID-19 Crisis V1Navigating the COVID-19 Crisis V1
Navigating the COVID-19 Crisis V1
 
COVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis ChecklistCOVID-19 Rapid Response Crisis Checklist
COVID-19 Rapid Response Crisis Checklist
 
Covid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital TransformationCovid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
Covid-19 Is a Call for Retail Banks to Accelerate Digital Transformation
 
COVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for NonprofitsCOVID-19 Rapid Response Checklist for Nonprofits
COVID-19 Rapid Response Checklist for Nonprofits
 
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
COVID-19: Sustaining Liquidity/Funding Management and Treasury Operations in ...
 
Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19Adapting Compliance Projects and Operating Models for COVID-19
Adapting Compliance Projects and Operating Models for COVID-19
 
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
COVID-19: Sustaining Business in All Scenarios: A New Lens on Bank Credit Ris...
 
How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?How Should Financial Institutions Navigate the COVID-19 Crisis?
How Should Financial Institutions Navigate the COVID-19 Crisis?
 
What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)What's Keeping Women out of Data Science? (press deck)
What's Keeping Women out of Data Science? (press deck)
 
Decoding the Human
Decoding the HumanDecoding the Human
Decoding the Human
 
Seven Forces Reshaping Enterprise Software
Seven Forces Reshaping Enterprise SoftwareSeven Forces Reshaping Enterprise Software
Seven Forces Reshaping Enterprise Software
 

Recently uploaded

Field exchange, Issue 72 April 2024 FEX-72.pdf
Field exchange, Issue 72 April 2024 FEX-72.pdfField exchange, Issue 72 April 2024 FEX-72.pdf
Field exchange, Issue 72 April 2024 FEX-72.pdfMohamed Miyir
 
Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...
Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...
Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...Oleg Kshivets
 
Professional Ear Wax Cleaning Services for Your Home
Professional Ear Wax Cleaning Services for Your HomeProfessional Ear Wax Cleaning Services for Your Home
Professional Ear Wax Cleaning Services for Your HomeEarwax Doctor
 
2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...
2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...
2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...Compliatric Where Compliance Happens
 
Mental Health for physiotherapy and other health students
Mental Health for physiotherapy and other health studentsMental Health for physiotherapy and other health students
Mental Health for physiotherapy and other health studentseyobkaseye
 
TEENAGE PREGNANCY PREVENTION AND AWARENESS
TEENAGE PREGNANCY PREVENTION AND AWARENESSTEENAGE PREGNANCY PREVENTION AND AWARENESS
TEENAGE PREGNANCY PREVENTION AND AWARENESSPeterJamesVitug
 
Back care and back massage. powerpoint presentation
Back care and back massage. powerpoint presentationBack care and back massage. powerpoint presentation
Back care and back massage. powerpoint presentationpratiksha ghimire
 
SARS Cov-2 INFECTION AND ITS EMERGING VARIANTS
SARS Cov-2 INFECTION AND ITS EMERGING VARIANTSSARS Cov-2 INFECTION AND ITS EMERGING VARIANTS
SARS Cov-2 INFECTION AND ITS EMERGING VARIANTSNehaSaini499770
 
Leading big change: what does it take to deliver at large scale?
Leading big change: what does it take to deliver at large scale?Leading big change: what does it take to deliver at large scale?
Leading big change: what does it take to deliver at large scale?HelenBevan4
 
Preventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdf
Preventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdfPreventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdf
Preventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdfAditiAlishetty
 
FAMILY in sociology for physiotherapists.pptx
FAMILY in sociology for physiotherapists.pptxFAMILY in sociology for physiotherapists.pptx
FAMILY in sociology for physiotherapists.pptxMumux Mirani
 
CASE STUDY ON CHRONIC KIDNEY DISEASE.pptx
CASE  STUDY ON CHRONIC KIDNEY DISEASE.pptxCASE  STUDY ON CHRONIC KIDNEY DISEASE.pptx
CASE STUDY ON CHRONIC KIDNEY DISEASE.pptxdrsriram2001
 
Learn Tips for Managing Chemobrain or Mental Fogginess
Learn Tips for Managing Chemobrain or Mental FogginessLearn Tips for Managing Chemobrain or Mental Fogginess
Learn Tips for Managing Chemobrain or Mental Fogginessbkling
 
Presentation for Alzheimers Disease.pptx
Presentation for Alzheimers Disease.pptxPresentation for Alzheimers Disease.pptx
Presentation for Alzheimers Disease.pptxravisutar1
 
ANTIGEN- SECTION IMMUNOLOGY DEPARTMENT OF MICROBIOLOGY
ANTIGEN- SECTION IMMUNOLOGY  DEPARTMENT OF MICROBIOLOGYANTIGEN- SECTION IMMUNOLOGY  DEPARTMENT OF MICROBIOLOGY
ANTIGEN- SECTION IMMUNOLOGY DEPARTMENT OF MICROBIOLOGYDrmayuribhise
 
Immediate care of newborn, midwifery and obstetrical nursing
Immediate care of newborn, midwifery and obstetrical nursingImmediate care of newborn, midwifery and obstetrical nursing
Immediate care of newborn, midwifery and obstetrical nursingNursing education
 
Advance Directives and Advance Care Planning: Ensuring Patient Voices Are Heard
Advance Directives and Advance Care Planning: Ensuring Patient Voices Are HeardAdvance Directives and Advance Care Planning: Ensuring Patient Voices Are Heard
Advance Directives and Advance Care Planning: Ensuring Patient Voices Are HeardVITASAuthor
 
20 Benefits of Empathetic Listening in Mental Health Support
20 Benefits of Empathetic Listening in Mental Health Support20 Benefits of Empathetic Listening in Mental Health Support
20 Benefits of Empathetic Listening in Mental Health SupportSayhey
 
Biology class 12 assignment neet level practise chapter wise
Biology class 12 assignment neet level practise chapter wiseBiology class 12 assignment neet level practise chapter wise
Biology class 12 assignment neet level practise chapter wiseNAGKINGRAPELLY
 

Recently uploaded (20)

Field exchange, Issue 72 April 2024 FEX-72.pdf
Field exchange, Issue 72 April 2024 FEX-72.pdfField exchange, Issue 72 April 2024 FEX-72.pdf
Field exchange, Issue 72 April 2024 FEX-72.pdf
 
Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...
Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...
Local Advanced Esophageal Cancer (T3-4N0-2M0): Artificial Intelligence, Syner...
 
Professional Ear Wax Cleaning Services for Your Home
Professional Ear Wax Cleaning Services for Your HomeProfessional Ear Wax Cleaning Services for Your Home
Professional Ear Wax Cleaning Services for Your Home
 
2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...
2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...
2024 Compliatric Webinar Series - OSV Overview and Panel Discussion April 202...
 
Mental Health for physiotherapy and other health students
Mental Health for physiotherapy and other health studentsMental Health for physiotherapy and other health students
Mental Health for physiotherapy and other health students
 
TEENAGE PREGNANCY PREVENTION AND AWARENESS
TEENAGE PREGNANCY PREVENTION AND AWARENESSTEENAGE PREGNANCY PREVENTION AND AWARENESS
TEENAGE PREGNANCY PREVENTION AND AWARENESS
 
Back care and back massage. powerpoint presentation
Back care and back massage. powerpoint presentationBack care and back massage. powerpoint presentation
Back care and back massage. powerpoint presentation
 
SARS Cov-2 INFECTION AND ITS EMERGING VARIANTS
SARS Cov-2 INFECTION AND ITS EMERGING VARIANTSSARS Cov-2 INFECTION AND ITS EMERGING VARIANTS
SARS Cov-2 INFECTION AND ITS EMERGING VARIANTS
 
Leading big change: what does it take to deliver at large scale?
Leading big change: what does it take to deliver at large scale?Leading big change: what does it take to deliver at large scale?
Leading big change: what does it take to deliver at large scale?
 
Preventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdf
Preventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdfPreventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdf
Preventing Common Nutritional Deficiencies In Poultry Flocks (PPT).pdf
 
FAMILY in sociology for physiotherapists.pptx
FAMILY in sociology for physiotherapists.pptxFAMILY in sociology for physiotherapists.pptx
FAMILY in sociology for physiotherapists.pptx
 
CASE STUDY ON CHRONIC KIDNEY DISEASE.pptx
CASE  STUDY ON CHRONIC KIDNEY DISEASE.pptxCASE  STUDY ON CHRONIC KIDNEY DISEASE.pptx
CASE STUDY ON CHRONIC KIDNEY DISEASE.pptx
 
Learn Tips for Managing Chemobrain or Mental Fogginess
Learn Tips for Managing Chemobrain or Mental FogginessLearn Tips for Managing Chemobrain or Mental Fogginess
Learn Tips for Managing Chemobrain or Mental Fogginess
 
Presentation for Alzheimers Disease.pptx
Presentation for Alzheimers Disease.pptxPresentation for Alzheimers Disease.pptx
Presentation for Alzheimers Disease.pptx
 
ANTIGEN- SECTION IMMUNOLOGY DEPARTMENT OF MICROBIOLOGY
ANTIGEN- SECTION IMMUNOLOGY  DEPARTMENT OF MICROBIOLOGYANTIGEN- SECTION IMMUNOLOGY  DEPARTMENT OF MICROBIOLOGY
ANTIGEN- SECTION IMMUNOLOGY DEPARTMENT OF MICROBIOLOGY
 
Immediate care of newborn, midwifery and obstetrical nursing
Immediate care of newborn, midwifery and obstetrical nursingImmediate care of newborn, midwifery and obstetrical nursing
Immediate care of newborn, midwifery and obstetrical nursing
 
Advance Directives and Advance Care Planning: Ensuring Patient Voices Are Heard
Advance Directives and Advance Care Planning: Ensuring Patient Voices Are HeardAdvance Directives and Advance Care Planning: Ensuring Patient Voices Are Heard
Advance Directives and Advance Care Planning: Ensuring Patient Voices Are Heard
 
20 Benefits of Empathetic Listening in Mental Health Support
20 Benefits of Empathetic Listening in Mental Health Support20 Benefits of Empathetic Listening in Mental Health Support
20 Benefits of Empathetic Listening in Mental Health Support
 
Biology class 12 assignment neet level practise chapter wise
Biology class 12 assignment neet level practise chapter wiseBiology class 12 assignment neet level practise chapter wise
Biology class 12 assignment neet level practise chapter wise
 
Coping with Childhood Cancer - How Does it Hurt Today
Coping with Childhood Cancer - How Does it Hurt TodayCoping with Childhood Cancer - How Does it Hurt Today
Coping with Childhood Cancer - How Does it Hurt Today
 

Bigger Licensing Deals Require Better Partners

  • 1. Deals are heavily concentrated in a small number of specialty therapeutic areas (TAs), including oncology, inflammation, neuroscience, and infectious diseases Midsize oncology specialist Celgene had the highest average score across all attributes It also received the most nominations as “top partner” and the widest recognition as a good company to partner with J&J, BMS, and Lilly joined—and Merck and Roche remained in— the top tier Highest average score across all partnering attributes (and change since 2012) Study Description Focus on Value Creation Lessons for Deal Makers Licensing today is increasingly competitive Celgene becomes the top partner of choice Several big pharma companies rose in the rankings Partnership deals have decreased by 41% since 2010, driven primarily by the favorable IPO market Yet the average deal value has grown by more than $100 million—or nearly 60%—over the same period Average up-front payments are also on the rise—they’ve more than doubled since 2010 BCG’s latest Biopharma Partnering Survey, our sixth in 12 years, examined licensing and business development activity in the global biopharmaceutical industry. For executives on either the buy side (licensees) or the sell side (licensors), the survey remains the premier source of information on licensing activity and sellers’ perceptions. The 2014 survey included responses from 63 senior executives (including CEOs, presidents, and heads of business development) across a range of biopharma firms worldwide. Bigger Licensing Deals Require Better Partners Highlights from BCG’s 2014 Biopharmaceutical Partnering Survey Partner that can add value to their product/TA (4.6 average importance) Partnership that will develop & prosper (4.5) Dependable clinical development capabilities (4.4) Global reach (4.2) 12 years of surveys provide BCG with a broad perspective on shiing perceptions and priorities. Vast structural changes in health care, along with the industry's strong emergence from the tumult of 2008-2010, have had a profound effect on the economics of the industry, and in turn, on licensing partnership trends. Key attributes that sell-side companies are looking for in a partnership: 1 0 2 3 4 5 1 Celgene 2 Merck 3 J&J 4 Roche 5 BMS 6 Lilly Read BCG’s latest insights, analysis, and viewpoints at bcgperspectives.com © The Boston Consulting Group, Inc. 2015. All rights reserved. To find the latest BCG content and register to receive e-alerts on this topic or others, please visit bcgperspectives.com. Please direct questions to socialmedia@bcg.com.