Big Pharma-Biotech Partnering Holds Promise for Improving R&D Productivity, According to Industry Panel Convened by the Tufts Center for the Study of Drug Development

BOSTON, MA -- (MARKET WIRE) -- March 26, 2007 -- Challenged to maintain revenue growth over the next five years, large pharmaceutical companies increasingly will partner with biotech firms to improve clinical development and R&D productivity, according to a panel of industry leaders convened by the Tufts Center for the Study of Drug Development.

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