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A winning strategy is essential to reach or accomplish goals in pharmaceutical industry. However, maintaining the excellence of Strategic Drug Development Services is a necessary stipulation for the Strategic evolution for Pharma companies. The technologies leading to Pharmaceutical regulatory strategy and Pharmaceutical strategic developments are at the limits of human knowledge. The huge size of the companies, organizations and the complexities of their technologies and processes present many challenges. On the other hand, strategy development and distribution system is highly costly to implement. The effective Pharma strategies can help to generate business exposure, relationship building, and market research. Thus, they are important initiatives to boom overall business in the long term.
The past two years have shone a bright light on the global pharmaceutical industry Perhaps more so than ever before the worlds eyes have been watching closely what may come and of course the next blockbuster product
COVID has posed an unprecedented threat to the health and economy globally since its first detection in December with more than million cases and million deaths as of February
Its been nearly two years since the outbreak of COVID began and were still in the midst of enormous disruptions to the worlds economies businesses education and peoples lives
As companies from Roche to Merck demonstrate successful adaptation begins with a shared vision of the future business model But therein lies the problem What is a business model Despite it being peppered over every meeting and filling the media there is no agreement amongst either academics or executives about the definition of this ubiquitous term
Every life science company is eager to find and absorb industry best practices and for good reason In a business environment that is changing quickly no firm can afford to be left behind and relying on internal experience and lessons is too slow It is essential to imitate as well as to innovate
Latest figures show that China is the second pharmaceutical market in the world after the United States with an overall value amounting to about billion dollars in
The first Biosimilar was approved in the year in the European Union and since then there have been more than biosimilar drugs that have been approved Not surprisingly there has been phenomenal growth in the biosimilars market an Assocham report states that the global biosimilars market is estimated to reach US billion by while the Indian biosimi...
Pharmaceutical companies of all sizes are increasingly outsourcing elements of the development process including regulatory affairs This helps them to access specific technical regulatory or geographic expertise to flexibly augment staffing levels without adding to headcount and to deliver key operational outputs enabling internal staff to focus on...
Against the background of the COVID global pandemic China fasttracked and passed last year its first national biosecurity law Biosecurity Law The law which took effect on April of this year adds another key component to Chinas overall national security
A Clinical Overview is an integrated document intended to provide critical analysis of Pharmacology Efficacy and Safety of the pharmaceutical agent in humans It is one of the important documents of Module of the Common Technical Document CTD ie Module which refers to the data provided in the comprehensive clinical summary the individual clinical...
To an ecologist an ecosystem is a biological community of interacting organisms and their physical environment This concept helps us to see that ecosystems in the life science industry are not simply subparts or the market or the industry They have wide boundaries and those boundaries blur and overlap with other ecosystems
What may happen to sick people should medicinal products suddenly not be available owing to Brexit Some million patient packs go to the European Union EU from the United Kingdom UK every month with a further million patient packs moving from the EU to the UK
If you have worked in the biomedical industry for more than a couple of years you will have noticed one of its most characteristic features change Pharma medtech and related businesses operate in a complex environment of two halves the sociological and the technological Our sociological environment including demography epidemiology and politics is...
When a pharmaceutical company first develops a new drug or any device to be used for the treatment of a disease it is initially marketed under a brand name by which clinicians can recommend or prescribe the drug or any device for use by patients
Biosummary tables also known as Division of Bioequivalence DBE Tables are one of the main prerequisites for Module submitted to the United States Food and Drug Administration US FDA as a part of the eCTD dossier
The Israeli pharmacovigilance system was founded recently All over the world pharmacovigilance regulations have evolved mainly from lessons learned as a reaction to safety issues that became public health issues
Biopharmaceutical drugs make up a large portion of global pharma sales with of the top global drug blockbusters in being recombinant biopharmaceuticals Drug development is separable into five phases
Im originally from Belgium and I studied to be a chemical engineer with a specialisation in biochemistry and biotechnology When I started out it was my goal to get into the biochemistry or biotechnology industry as a plant director but when I graduated from university my first job was teaching chemistry biology and math Teaching was a very good exp...
Vietnam is the European Unions EU second largest trading partner in ASEAN and close to per cent of EU exports to Vietnam are pharma products For various midtosmall sized EU pharma players Vietnam has remained an alliance or a distributor led market With increase in demand positive economic prospects increase in per capita healthcare spending and t...
Health Canada is the Agency responsible for the wellbeing of the Canadians by ensuring highquality health services and minimising the health risks Regulatory submissions for Health Canada can be done in both electronic Common Technical Document eCTD and nonelectronic Common Technical Document noneCTD formats
As you look at your newlywritten marketing plan you might want to reflect for a moment how much it resembles an airliner it took a lot of effort to build you want to be as sure as you can be that it will fly and not crash but once it takes off it is difficult to repair The biggest difference between a marketing strategy and an airliner is that whil...
Trade terms represent a growing investment and cost item for most Pharma companies globally In AsiaPacific APAC price pressures from limited healthcare budgets and preference to generics under universal coverage have led to additional challenges widening gross to net investments made by Pharma In our surveys from last year per cent of Pharma execu...
Rapid viral outbreaks have caused great inconvenience to mankind especially since the last decade The latest addition to the list is severe acute respiratoryrelated coronavirus SARSCoV or more commonly COVID Figure As of September this virus has a spread over countries around the world affected people and caused deaths Nanotechnology and nan...
Right now all over the world crossfunctional teams in pharma biotech medtech and other life science companies are working on their strategic plans Large or small companies usually follow this annual ritual
The AsiaPacific APAC region is no stranger to confronting and defeating disease outbreaks From SARS and Avian influenza to MERS and HN the regions economies have demonstrated remarkable resilience and with each new occurrence found themselves better prepared to confront the challenge
Modelling and simulation has been growing rapidly in impact and is now actively used by biopharmaceutical companies worldwide for drug development and regulatory agencies for review and approval
There is a widespread panic around the world about COVID caused by the novel Coronavirus In late December China health Officials reported an outbreak of pneumonia of unknown origin in Wuhan Hubei province The World Health Organisation WHO originally called this disease Novel Coronavirusinfected Pneumonia NCIP and this novel coronavirus was provisi...
China and India are the leading players in bulk drugs and manufacture more than per cent of global bulk drug China is the largest bulk drug supplier in world and India is second As reported by ministry of commerce India exported drugs formulation and biologicals of billion USD in which increased to billion USD in increase
Viral outbreaks are not new to the world Before COVID we had other outbreaks such as Ebola in Swine Flu HN in and Severe Acute Respiratory Syndrome SARS outbreak in But the COVID outbreak became a pandemic and broke the record of all viral outbreak in past years forcing the World Health Organization WHO to declare health emergency globally
Despite the hype the routine use of AI in marketing in the life sciences is a long way away
Leading in todays culturally diverse workplaces with multidimensional processes and stakeholders requires individuals to adapt to new environments learn new skills and manage a range of stresses and strains between the interface of professional and personal life
The Pharmaceutical industry has been growing in parallel to human evolution
In the WHO published an article in its Drug Information Bulletin titled Collaboration not competition developing new reliance models The articles authors argued that modern medicines manufacture and distribution were becoming more and more globalized and that as a consequence the manufacturing processes and supply chains of pharmaceutical products...
When researching my latest book life sciences CEOs told me that the most important and fulfilling part of their job was developing the people who worked for them
Let me put up the disclaimers up front I have been an employee in the Indian pharma industry and currently run a consultancy business where several leading pharma companies are our clients
Pharmacovigilance has undergone tremendous changes since the Vioxx story in which triggered the risk management approach worldwide
Personalised medicine is going to change the shape of the pharmaceutical market in the years to come
As per ICH QA guidelines impurity in a drug substance is any component of the drug substance that is not the chemical entity defined as the drug substance and as per ICH QB guidelines impurity in any component of the drug product that is not the chemical entity defined as the drug substance or an excipient in the drug product
A marriage between blockchain and the pharma supply chain is not preordained
In todays fast paced world of biopharmaceutical innovation no one individual or single organisation can really work alone
Gone are the days when line managers used to visit once in a while for joint working with their team members for a few days meet some important doctors and before leaving issue stern instructions to the team members that they should meet their targets without fail failing which they may not be in the team for long
Since autumn the first package of costcutting measures in Switzerlands healthcare system is being reviewed One of the measures is the socalled reference price system for pharmaceutical whose patents have expired The Government Health Department has given two models to the consultation
Allow yourself a moment to dream Imagine that you could give your medical marketing team superpowers What would they be Being invisible would allow your marketers to watch competitors as they work Being able to read the minds of key opinion leaders would make your medical affairs team incredibly insightful Time travelling market access teams could...
What is Blockchain A Blockchain is a global distributed ledger or database running on millions of devices and open to anyone where information and particularly anything of value can be moved and stored securely and privately Tapscott et al On the Blockchain trust and integrity amongst strangers is established not by intermediaries but through mass...
Seventy years ago average life expectancy globally was today it is Seventy years ago million people worldwide were infected with smallpox today none The disease is eradicated Thanks to initiatives such as Gavi the Vaccine Alliance more than per cent of children now get early immunisation
In ethically promoting Pharma business field force are the resources who generate prescriptions for the products being promoted thus bring in revenue therefore the figures at the top of the line always depend upon their contribution However not all members of the field force are consistently hitting the numbers If we enable most of the field force...
The increasing cost of research in the west the ongoing tightening of regulations and pricing policies and major funding cuts for biomedical research have led to an increased interest in the outsourcing of clinical trials Not only is the APAC pharma market growing faster than the rest of the world it has a large treatment nave population and has sh...
Perhaps not as rampantly in the developed countries but definitely in the developing countries and especially in India access to medicines comes first even earlier than the access to healthcare facilities or doctors This essentially means that come illness most likely one would swallow a pill first and then visit a doctor if at all deemed neces...
Recent legislation has forced the Chinese regulatory environment to evolve establishing a friendlier environment for pharmaceutical development These changes may opendoors for pharmaceutical companies but they also create the need to adapt to the fastchanging regulatory requirements and the uncertainty that comes with legislative change The...
China is the second largest pharmaceutical market in the world according to a Top Markets Report on the countrys pharmaceutical industry by the International Trade Administration The same report also forecast the country to grow from US billion in to US billion by However despite the markets sheer size several hurdles line the path in moving
