At Organon, we actively seek and develop partnerships to complement our extensive experience because we believe that the best way to deliver long-term success is through collaboration and teamwork. For example, we currently spend roughly 20% of our R&D budget on external collaborations. We are constantly on the look out for new opportunities to establish mutually beneficial alliances in a number of areas. These activities are handled by our dedicated business development organization.
Business-to-business In addition to partnerships, we also gladly extend our comprehensive pharmaceutical services and scientific expertise to third parties, specifically with respect to:
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