The XenoMouse: The Case of Where the Business Should Go Essay

The XenoMouse: The Case of Where the Business Should Go Essay

Length: 884 words (2.5 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

The XenoMouse: The Case of Where the Business Should Go
1) What are the pros and cons of Abgenix collaborating with a partner on ABX-EGF in comparison to going solo?
A partner to the business brings an advantage of providing additional capital, resources, and other material to develop the ABX-EGF drug program, all the while limiting the amount of risk that Abgenix takes on. For example, the drug may not develop correctly and fail in trail(s), or possibly the turns out to be unsuccessful, this after Abgenix provides a large amount of their limited resources. It’s also a benefit that the partner will have complementary knowledge, assets, and resources to market, sale, test, and develop the drug for market and/or testing. A significant hurdle is the testing phases and other regulation under the FDA Center for Drug Evaluation and Research (CDER). When the drug demonstrates its effects and the company moves forward, or makes required changes, it develops experience and knowledge that will be needed for future drug compounds. A mosaic of studies have further shown that collaboration can be a powerful tool towards higher achievement and increased productivity since collective efficacy can significantly boost groups’ aspirations, motivational investment, morale, and resilience to challenges. It’s noted that there is presence of competition in the market (AstraZeneca and Genetech), producing similar products or are in the development phase of copying the cancer fighting techniques. With that being said, adding a partner further assists Abgenix in pushing the ABX-EGF to market quicker, which decreases various costs to adapt to sudden changes. Overall, it’s in the best interest for Abgenix to join with a partner to increase the chan...


... middle of paper ...


...ncies are focused in. Both decisions involve solving the short term cash requirements and other resources, which will, no matter the choice, reduce the commitment of its personal assets and free up time to focus on other prospects or areas in the business.
Further down the road, Abgenix has to gain access to, or develop the areas that it lacks, such as the process of regulation processes, marketing, and selling/providing the drugs to the market. To gain these processes, or adapt faster, the joint venture would allow it the access to new capabilities of the firm they partner with. Licensing the drug to another firm, on the other hand, doesn’t provide the number of benefits. However, the concerns of partnering with a firm can lead to exploitation or copy/take away something proprietary, competency, technique or technology, which will harm future long term gains.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay on Business Case Analysis

- Introduction Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and have not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed price contracts with little to no stipulations. For this project Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings....   [tags: Business Management, Business Case Study]

Better Essays
2011 words (5.7 pages)

International Business Case Study Essay

- Krom Bop-A-Lee’s experience in Bombay, India is undoubtedly a common one for those from First World countries unaccustomed to the relatively poor working conditions present in many parts of the world. As Westerners, many luxuries are taken for granted, and the absence of these luxuries can have a profound impact on one’s moral and ethical foundation. The Problem Within This Situation It is this impact upon Krom Bop-A-Lee’s psyche which serves as the primary problem in this particular situation. Krom Bop-A-Lee’s company should be proud to have her representing it; too often liaisons on international business trips of this nature are content to accept the overwhelming hospitality of their host...   [tags: International Business, business model]

Better Essays
1158 words (3.3 pages)

Business Ethics Case Analysis Essay

- Business Ethics Case Analysis Ethics and social responsibility in an industry are very important. In certain industries such as the alcohol industry there seems to be an increase for social responsibility. Due to the nature of the industry producers of alcohol are under greater pressure to be socially responsible. They are in a market that provides the basis for individuals struggling with addiction. Thanks to this growing problem alcohol companies may find it increasingly difficult to implement a social responsibility strategy....   [tags: Business Ethics]

Better Essays
970 words (2.8 pages)

Business Case Analysis Essay

- Strategic Planning and Implementation Value statements to create strategic Guidelines Each company has innumerable ways of suggesting its value statements like what to live by, leadership principles, core values and much more. All value statements are found in the core positions of the members in the organization. The objective of this paper is to create strategies that are modern, reachable and well organized in functioning. Merck’s Values Preserving and improving human lives is the Merck value addition portal....   [tags: Business Management]

Better Essays
1991 words (5.7 pages)

Essay on Wyndham International Business Case Study

- Wyndham International Business Case Study Challenges facing Wyndham International There are a number of challenges facing Wyndham International in 2001 as they move forward to capture market share of a distinct upscale segment of the business and leisure travelers. In 2001, Wyndham was not a well-known name in the industry. The company had been suffering financially and had sold considerable assets in an effort to promote the Wyndham brand. The challenge of building branch recognition in a market dominated by a few key players such as Marriott, Hilton and Hyatt compounded by the fact that the travel and tourism market was already suffering from the backlash of the September 11, 2001 trage...   [tags: Business, Analysis, Case Study, solution]

Better Essays
1782 words (5.1 pages)

Start Up Busines Case Study Essay example

- Start Up Busines Case Study Many potential business owners start up companies or invest in companies without conducting the proper research. This causes numerous businesses to fail. I investigated a business that I as a business owner would like to establish. My analysis of the potential business will address several important topics. I will research the background of the industry, trends, how to finance the business and what kind of a business it will be. I will also look into the organizational structure for the company as well as how many employees it will take to make this business successful....   [tags: Business Entrepreneurship]

Free Essays
1783 words (5.1 pages)

Business Law Case Analysis Essays

- Business Law Case Analysis Plaintiff: Panitia Penyelesaian Perselisihan Perburuhan Pusat (P4P) Defendant: PT. Bouraq Indonesia Airlines Case Background The defendant is an Airlines Company that had 900 employees. The economic crisis followed with monetary crisis gave bad effects to the defendant. They should decrease the number of their airplanes form 9 to 2 airplanes. They also had to do the efficiency on their employees to 700....   [tags: Business Law Legal Law]

Free Essays
736 words (2.1 pages)

Essay on Business Ethics Case Study

- Introduction The situation currently inside Eclipse Airline is one that involves the absence of ethics. There is no ethics program of any type in line with the daily functions or the future progression of Eclipse Airline. As so, “ethics” is defined by the employees and is passed on under management from employee to employee via verbatim. The CEO of Eclipse Airline further recognizes possible problems that may arise in the absence of an ethics program, one that recognizes the safety of the employees and also of their client passengers....   [tags: Business Analysis Ethics]

Free Essays
1502 words (4.3 pages)

Business Regulation Case Essay

- The challenges that surrounded Alumina, Inc. could have been detrimental to the corporation. Areas the management team needed to concentrate on were the corporation's image to the general public as well as competitors, current customers and potential customers. Management's duty was to manage the crisis by preventing extensive losses to the company while at the same time preserving the image of the company and doing right by the community. As a team we agreed upon the strategies and recommendations to solve the challenges for Alumina, Inc., although the timing of how the events would play out was slightly different....   [tags: Business Regulation]

Free Essays
1996 words (5.7 pages)

Allentown Business Case Essay

- Allentown Business Case Problems due to Internal Factors - Organization Structure – In general terms, the organizational structure of the Electronic Products Division of Allentown follows the same structure of the other divisions. Under the General Manager there is a controller, a product development manager, a manufacturing manager (with three plants treated as three different profit centers), a sales manager and a marketing manager. The last two may be the major difference regarding the general structure of the company, since sales and marketing are usually combined in one single department....   [tags: Business Analysis Strategy management]

Free Essays
1822 words (5.2 pages)