Question

Select any recently announcement of the formation of an international strategic alliance in any industry. Predict its likely success or failure. （pick only one and explain why does it likely to fail or success)

Answer 1

Strategic Aliiance between BioNTech , Forsun Pharma and Pfizer to develop a vaccine to cure COVID-19.

It will likely to success because making a vaccine with having help from other big Pharma companies will help in develop and launch the cure to the masses faster. It will help the consumers as well as these companies will be able to maximise their profit and to have a monopoly over the market for a short term, unless new entrants come up with a cure.

BioNtech has well diversified mRNA platform,huge manufacturing capacity and deleivery information , makes the company to have the best position in COVID-19 race. And which can be amplified in a faster rate by the help of these other 2 companies.