Strategic partnerships play a big role in today’s biopharmaceutical industry. Most of these partnerships involve a relatively small company with an interesting molecule partnering with a larger company with cash to invest. The partners come together with a shared goal to develop and market a product, but often differences in company cultures, processes, and technology get in the way. Regulatory Operations usually has a few key roles to play in partnerships, including due diligence activities, setting up collaboration platforms, and managing document reviews.