Life Science Leader Magazine

MAR 2014

The vision of Life Science Leader is to be an essential business tool for life science executives. Our content is designed to not only inform readers of best practices, but motivate them to implement those best practices in their own businesses.

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contents Welcome to Life Science Leader M A R C H 2 014 V O L . 6 N O. 3 @ RFWrightLSL linkedin.com/in/robertfwright pinterest.com/rfwrightlsl facebook.com/LifeScienceLeader W W W. LI FE S CI E N CE LE A D E R .CO M LIFE SCIENCE LEADER (ISSN: 21610800) Vol. 6, No. 3 is published monthly by VertMarkets at Knowledge Park, 5340 Fryling Road, Suite 300, Erie, PA 16510-4672. Phone (814) 897-9000, Fax (814) 899-5580. Periodical postage paid at Erie, PA 16510 and additional mailing offices. Copyright 2014 by Peterson Partnership. All rights reserved. Printed in the USA. SUBSCRIPTION RATES for qualified readers in the U.S. $0. For nonqualified readers in the U.S. and all other countries $97 for one year. If your mailing address is outside the U.S. or Canada, you can receive the magazine digitally if you provide a valid email address. POSTMASTER: Send address corrections (Form 3579) to Life Science Leader, Knowledge Park, 5340 Fryling Road, Suite 300, Erie, PA 16510-4672. PUBLICATIONS AGREEMENT No. 40722524 c/o AIM, 7289 Torbram Road, Mississauga, ON L4T 1G8 Columns: Insights: Reports: 6 8 LIFESCIENCELEADER.COM MARCH 2014 4 Editor's Note Editorial Advisory Board / Ask The Board 10 Capitol Perspectives Features: 42 JP Morgan Conference Review Maintaining momentum — 2014 pharma and funding forecasts I learned from Paul Janssen how failures help you come to the solution. Paul Stoffels, CSO of J&J; and worldwide chairman, Janssen OUTSOURCING INSIGHTS | By Kate Hammeke Trends In Outsourcing Solid Dose Manufacturing In 2014 BIO INNOVATION NOTES | By Eric Langer Best Practices In Biomanufacturing Supplier Relations: Reducing Raw Materials Risks 54 CLINICAL TRIALS By Mukhtar Ahmed Embracing M2M Technologies To Transform Clinical Trials 50 CLINICAL TRIALS By Nick Taylor How Rare Disease Know-how Can Shape Big Pharma Clinical Trials 34 Life Science Investment Sage advice and sobering cautions from Dennis Purcell, senior managing partner at Aisling Capital 28 Innovation In Biotech How Medicago is building a new way to make vaccines and proteins from tobacco 22 Cover Story: J&J; / Janssen 18 14 12 Companies To Watch PHARMA BUSINESS By Suzanne Elvidge Nonantibiotics Spur Biotech- Pharma Collaborations 58 78 74 LEADERSHIP LESSON By Frauke Schorr, Ph.D. 4 Power-Thinking Strategies of Centered Leaders INDUSTRY LEADER By Matthias Steiert How Patent Translation Can Affect Your Bottom Line BIOPHARM DEVELOPMENT & MANUFACTURING By K. John Morrow Jr., Ph.D. Evolva Turns Around Its Business Model: Swiss Biotech Opts Out Of Drug Development 70 PHARMA MANUFACTURING By Gail Dutton Serialization – Pharma Faces 2015 Deadline 66 PHARMA BUSINESS By Ed Miseta Patient-centric Design: The Next Frontier In Drug Device Delivery 62 David Martin, CEO and cofounder of AvidBiotics "Antibiotic resistance has emerged and has now become rampant worldwide." 0 3 1 4 _ T O C _ F . i n d d 1 0314_TOC_F.indd 1 2 / 2 0 / 2 0 1 4 3 : 4 0 : 0 4 P M 2/20/2014 3:40:04 PM

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