In the pharmaceutical industry, one company often licenses its products to another so that the second firm can market the drug. This is referred to as a strategic affiliation.

Name: In the pharmaceutical industry, one company often licenses its products to another so that the second firm can market the drug. This is referred to as a strategic affiliation.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

This practice is commonly referred to as licensing or a licensing agreement, not a strategic affiliation.

In the Pharmaceutical Industry, One Company Often Licenses Its Products