Roche Holding and AstraZeneca have agreed to work together to share research data and fund joint research projects so that they can speed up the process for getting approved drugs to the market.Which of the following best describes the relationship between these two corporations?
A)They are a partnership with full liability for the work that they do.
B)They have merged.
C)They have created a joint venture.
D)There is no legal business structure here.

Question

Quizplus · Accepted Answer

The two corporations have created a joint venture, which involves sharing research data and funding joint research projects. This implies a collaborative and shared effort towards a common goal, rather than a merger or partnership with full liability. There is no legal business structure explicitly mentioned, but the joint venture implies a formalized agreement between the two corporations.

Roche Holding and AstraZeneca Have Agreed to Work Together to Share