www.biofinance.ca/CorporateNewsletterVol4 -
[Cached Version]
Published on: 4/1/2007
Last Visited: 10/4/2009
Jim Mitchell, VP Pharmaceutical Development - Hospira Inc.
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Dr. Mitchell: To address what biotech can bring to pharma, I believe that biotech companies can bring novel technological improvements and great enthusiasm.
However, a healthy dose of reality is also required.
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Dr. Mitchell: Big pharma companies have offices for technology assessment, but you can also enter directly via the business development team.
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Dr. Mitchell: Pfizer will look at early stage companies, whereas Hospira tends to consider companies in Phase II or beyond.
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Dr. Mitchell: We have talked about credibility, having a solid data package based on development stage, how to get in the door, and how to define business relationships in pursuing partnerships.
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Jim Mitchell, Hospira Inc.
Jim Mitchell received his Ph.D. in Biochemistry from Iowa State University in 1979.
During his 28-year industrial career, he has held various R&D and Operations positions in 6 different companies, including his current position as Vice President Pharmaceutical R&D at Hospira, Inc.
Jim holds several patents in the areas of drug delivery and protein chemistry and has been directly involved with the successful development and launch of over 50 proprietary and generic products.
He has and continues to serve on several advisory boards and has worked at the state level to foster the funding of innovative research across a broad range of technology-based products.
His multi-company R&D and management experience, ranging from drug discovery through commercialization, provides a unique prospective related to the balance between innovation, resource utilization and R&D cycle times in achieving sustained earnings growth.