Please answer the following questions for the company Pfizer. 1. Research what strategic alliances your firm has...

50.1K

Verified Solution

Question

General Management

Please answer the following questions for the companyPfizer.
1. Research what strategic alliances your firm has enter in thepast three years. If there are several of these, choose the threeyou identify as the most important for further analysis. Based oncompany press releases and business journal reports for eachalliance, what do you find to be the main reason the firm enteredthese alliances?
2. Do you think each of the three alliances achieves theoriginal intent and therefore is successful? Why or why not?
3. Does your firm have an identifiable alliance managementorganization? Can you find any evidence that this organizationimproves the likelihood of success for these alliances? Whatresponsibilities does this alliance management organization have inyour firm?

Answer & Explanation Solved by verified expert

3.6 Ratings (472 Votes)

1 Strategic Alliance is an important tool for a company to achieve its overall objective growth It is mostly entered into keeping in mind the benefit of both parties involved in this case being a pharmaceutical company Pfizer as entered into most strategic alliances for purposes of research and development research and development is the most important factor for the success and continued growth of a pharmaceutical company Pfizer clearly States on their website their opinion that strategic partnership in early stage opportunities is a mission of our effort to deliver on the promise of better health and longer lives The collaboration between Pfizer and Sangamo for development of zinc finger protein gene therapy standard example of the methodology of strategic alliances formed by Pfizer The collaboration is in the highly futuristic field of gene therapy and clearly exhibits the future growth aim of Pfizer Pfizer has worked with Sangamo earlier also gene therapy products for hemophilia A Under the terms of this agreement Sangamo will identify patience with the gene deficiency and Pfizer will be responsible for the development manufacturing and marketing of the product after completion of successful See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member