A biotechnology company and a university have formed a partnership to develop a new class of cancer-fighting drugs. What type of partnership is this?
A) buyer
B) seller
C) internal
D) lateral

Question

Quizplus · Accepted Answer

This is a lateral partnership, where two or more entities (in this case, a biotechnology company and a university) with potentially complementary expertise or resources collaborate on a project, such as developing new drugs.

A Biotechnology Company and a University Have Formed a Partnership