Organizers of the CPhI Japan have said that a consensus coming out of the event among drugmakers was for the removal of long-list products.
Long promoted as an anti-innovation strategy, it is increasingly viewed as an approach that is helping redirect capital towards the most innovative targets.
An example of a company redirecting capital towards R&D is provided by Japanese pharma major Takeda (TYO: 4502) acquiring rare diseases specialist Shire and in the process expanding its pipeline of drug targets to become the second largest in the world.
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