The initial phase, Search & Identify begins with the
exploration and identification of business opportunities that are in accordance
with the Company’s strategic goals.
During the Assessment phase the evaluation of
non-confidential information takes place. In the event the proposed opportunity
is consistent with Richter’s strategic goals, feedback will be provided
regarding the decision on pursuing the asset.
The complete exploration of the opportunity will take place
via Due Diligence, during which all vital parameters, including but not limited to
medical, regulatory, commercial and pharmaco-economic properties, will be
thoroughly investigated by our internal experts.
Once the commercial viability of the proposed opportunity is
deemed positive, Negotiations will take place to lay down fundamental
collaboration details in pursuit of reaching final agreement.
Richter pays special attention to the role of Alliance
Management by assuring that projects are managed properly and commitments are fulfilled
in order to strengthen and enhance a successful partnership.