A biotechnology company and a medical school have formed a partnership to develop a new class of cancer-fighting drugs.This is an example of a(n)_____ partnership.

Question

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This is an example of a lateral partnership, which involves two organizations that are similar in structure and goals teaming up to pursue a common objective. Both the biotechnology company and medical school are in the healthcare industry and are working together to develop cancer-fighting drugs, making this a lateral partnership.

A Biotechnology Company and a Medical School Have Formed a Partnership