Joint research and development analysis Essay Example | Topics and Well Written Essays - 1000 words

Joint research and development analysis - Essay Example The study has following domains of bio-technology research which have emerged as lucrative domain for strategic alliance between research partners. Research on DNA/RNA In many cases, it has been observed that biotechnology players form strategic alliances in order to conduct research on DNA/RNA amplification, synthesis, sequencing or gene expression profiling in order to develop a new medicine which can cure critical diseases or fillip the scientific development for a particular domain. According to Sherpa Group (2011), almost 64% of bio-tech and Enzyme companies are directly or indirectly related to DNA/RNA research. Research on Proteins Bio-tech companies are also focusing on conducting research on proteomics, engineering or synthesis of proteins and peptides, fabrication of cell receptors etc in order to develop enzymes or medicines for both research and commercial purpose (Sherpa Group, 2011). ... However, Andersson et al (2004) and Vassolo et al (2004) have argued that, strategic alliances between biotechnology companies help them to develop new processes, access to patents and access to knowledge resources but also mutually help both the companies to achieve competitive advantage. This is the reason why research collaboration activities by bio technology companies are growing at constant pace for last few years. To take the discussion forward the study will cite strategic alliances between US company Metabolix and Spanish company Antibioticos S.A which is a renowned Pharmaceutical Active Ingredients manufacture (Seiffert, 2012). Joint Venture between Metabolix and Antibioticos S.A In the year 2012, Metabolix Inc has announced that it has signed a collaboration agreement with Madrid based Antibioticos S.A for developing biopolymer resin. Both of the company have signed a letter of intent in order to in order to conduct research on biodegradable Mirel which is plant based alte rnatives for non-biodegradable plastics. According to bio technology specialists, bio polymer can act as suitable alternatives of plastics and it has minimum environmental impact due to its recyclable and bio degradable nature. Apart from the environmental benefits, commercial value of bio polymer has also attracted bio-tech companies to invest money on developing it. For example, demand for bio-polymer is growing at double digit growth rate for last consecutive years in both Europe and USA, which is another reason why bio-tech companies are banking on bio polymers as the next big thing (Seiffert, 2012). Metabolix Although strategic partnership with Antibioticos S.A will