Health Sciences 3042A/B Lecture Notes - Lecture 5: Novartis, Commonwealth Scientific And Industrial Research Organisation, Contact Lens

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Fweek 5 highlights: managing risks in cross-sector collaborations: lessons from an. Key factors to the success of a commercially focused r&d collaboration. Cross-sector collaborations have become more popular in the public sector as a way to increase revenue and companies pursue more cost-effective ways to execute r&d. Exemplar of successful r&d commercialization in a high stake and risk technology. Aside from the partners below, the collaboration also included scientists, engineers, clinicians, and product development specialists: crc for eye research and technology (crcert, csiro- australia"s major national public sector research agency, ciba vision (cv) Contact lens industry has grown a lot. Developed different lenses but the goal was to create a 30-night continuous wear. [lenses] as a safe and effective vision- correction option". Cv and crc made a 7 year contract with cv providing the majority of the funding and it was to be matched by crc in resources (research time)

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