Convergence can mean many things. In evolution it refers to the way different organisms independently acquire similar characteristics. In technology, convergence can occur when one device acquires the functionality of another. To use our embedded media player, please install the latest version of Adobe Flash Player.  Download | Subscribe:  Email |  iTunes |  RSS (What is RSS?)  Convergence can mean many things. In evolution it refers to the way different organisms independently acquire similar characteristics. In technology, convergence can occur when one device acquires the functionality of another — when, for example, a computer turns into a television. In the life sciences industry, convergence is illustrated by innovative products that combine drugs, devices and diagnostics. These combination products are improving clinicians’ ability to detect the presence and severity of disease and target drug therapies more effectively. In their search for convergent solutions, however, life sciences companies have to reach out beyond their traditional sectors to form new kinds of alliances.
Highlights: - Could you give us some examples of these combination products and explain why they represent fundamentally new health care solutions? (1:58)
- Could you talk about the factors that are driving the trend toward convergence in the life sciences industry? (4:58)
- What challenges do life sciences companies face in branching out beyond their own sectors to form partnerships? (13:37)
- What are the critical elements to a successful partnership? (21:55)
Guests:
Christine Côté, M.D., vice president, Emerging Technologies and New Ventures, Science and Technology Corporate Office, Johnson & Johnson
Terry Hisey, vice chairman, U.S. Life Sciences leader, Deloitte LLP Related Content:
Overview: Convergence in Life Sciences
Industry: Life Sciences
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