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At the moment in any discussion on collaboration big pharma (or their corporate venture arms) call the shots because they know the other party is desperate for cash, and there are few other places to go. However once biotech research organisations (such as the ones listed in your article or small biotech companies) start to form meaningful alliances with each other the conditions change. Big pharma companies might find themselves competing with each other to gain access to the alliance, and as a whole their negotiating power may diminish.

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