By Alex Philippidis At the start of 2023, the website for Pfizer CenterOne posted an article titled, “What Trends Will Shape the Pharma and Biotech Industries in 2023?” It quoted Rick L. Knight, the company’s global head of strategic account management, as follows: “We can continue to expect to see innovative products emerge from the development pipeline, but we will also be challenged to adapt to the changing needs of our partners, as many companies are likely to face tighter constraints on investment, resources, and timelines.” In other words, participating in the biopharma business means striking a balance between confidence and cautiousness. Both of these qualities played into the past
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