Open innovation
in life sciences.

How partnerships turn promising research into real-world progress.

Get the full report

2025 Outlook & Strategy Report · 39 pages

Three areas changing
life sciences.

Precision medicine market

USD billions · Figures from the 2025 report
$246.30B2033Report forecast
Historical estimateReport forecast
Precision medicine market (USD billions)
YearUSD billionsSeries
202382.19Historical estimate
202491.72Report forecast
2025102.36Report forecast
2026114.24Report forecast
2027127.49Report forecast
2028142.28Report forecast
2029158.78Report forecast
2030177.20Report forecast
2031197.76Report forecast
2032220.70Report forecast
2033246.30Report forecast

Source: Nova One Advisor, reproduced in the 2025 report, p. 2 (PDF p. 7). Figures retain the original report’s historical estimates and forecasts; they are not live market data.

The cost of
discovery.

Developing a medicine takes scientific expertise, time, and sustained investment. The report explores how AI and partnerships can support that work.

Global pharmaceutical R&D spending

USD billions · Figures from the 2025 report
$262B2023Historical estimate
Historical estimateReport forecast
Global pharmaceutical R&D spending (USD billions)
YearUSD billionsSeries
2014145Historical estimate
2015151Historical estimate
2016161Historical estimate
2017171Historical estimate
2018185Historical estimate
2019194Historical estimate
2020211Historical estimate
2021249Historical estimate
2022244Historical estimate
2023262Historical estimate
2024272Report forecast
2025281Report forecast
2026289Report forecast
2027296Report forecast
2028302Report forecast

Source: Deloitte and IBIS (2024), reproduced in the 2025 report, p. 18 (PDF p. 23). Figures retain the original report’s historical estimates and forecasts; they are not live market data.

Break the barriers
to collaboration.

2080’s framework connects research with commercial testing, regulatory planning, and the right partners.

Start with clinical and industry needs, regulatory shifts, and underused intellectual property. Then identify the startups equipped to address them.

A field guide to
open innovation.

Open Innovation in Life Sciences, 2025 Outlook and Strategy Report
01

Emerging technologies

Precision medicine, AI, and digital health: the opportunities, adoption questions, and market outlooks.

02

Partnerships in practice

How startups and established life sciences companies combine technical capabilities and development expertise.

03

Deals and global trends

The report’s view of mergers, acquisitions, R&D investment, and changing priorities across markets.

04

Corporate innovation

The role of major pharmaceutical and technology companies in reshaping the life sciences value chain.

05

From insight to action

Recommendations for companies and founders building partnerships around the future of health.

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Sun Choi
PRINCIPAL AUTHOR

Sun Choi

Founding Partner, 2080 Ventures

Published by 2080 Ventures
2025 edition · 39 pages

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Explore the research, case studies, and recommendations in the complete 2025 edition.
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