Strategy
Empowering Patients in Asia
A discussion of patient as a consumer should take into account the economic status of country to which he she belongs Economic status to a great extent affects the power of patients as consumers in those markets This is because the economic maturity of a country in many cases also defines its healthcare system There is no homogenous model of he...
Outsourcing preclinical and clinical R&D to China
In the noted singersongwriter Bob Dylan penned the hit song The Times They Are a Changin However in his wildest dreams I am sure that Dylan could not have imagined how prophetic his words were with regard to China China has emerged from the shadows of isolation to become a world economic power with a staggering growth rate per annum for the pa...
Mega Mergers
Are they turning pharma companies into Zombies?
Over the past two years big pharma has strived to achieve revenue growth and pipeline stocking through MA In the pharma industry mainly targeted latestage biotechnology acquisitions to consolidate some drug development platforms namely those with disease franchises and drug class expansion Then came the everworsening financial crisis during that...
IPRs
Negotiating with the USTR
Negotiating Intellectual Property Rights IPRs with the United States Trade Representative USTR is somewhat like negotiating a banana with a hungry kilogram gorilla you can try it but you are not going to get too far The USTR will use the full weight of its power to determine the market access that the negotiating partner will have in the United St...
Indian Pharmaceutical Industry
On the cusp of a great opportunity
The pharmaceutical industry in India is on the cusp of a great opportunitythe opportunity to innovate and create novel medicines to meet unmet medical needs of today and the future thus making a positive impact on global health It is imperative to capitalise on the enormous wealth of creative and scientific resources that our country has been bless...
Understanding the psyche of Asian pharma consumers
Is there a win-win partnering strategy?
Thesaurus would use the words customer and consumer interchangeably but the pharmaceutical industry would probably not For the pharmaceutical marketers the customer is distinctly different from the consumer wherein their customers are the doctors whose patients are the consumers Traditionally in many Asian countries the customers influence uniquely...
Next Generation Pharmacovigilance
For enhanced patient safety
In an environment where development costs have increased exponentially while filings and launches have dropped drastically the pharmaceutical industry and drug regulators face numerous challenges in Pharmacovigilance PV patient safety and in addressing areas of unmet medical needs This combination of issues not only adds unsustainable access res...
Pharmacoeconomics
Introducing patient-centred models
Many countries in the Asia Pacific region are both eagerly anticipating Koreas implementation of pharmacoeconomic guidelines later this year as well as remaining apprehensive Governments are hoping that the reimbursement requirement will provide a framework that can be adopted to improve efficiency and contain pharmaceutical spending in Asian marke...
Personalised Genetic Diagnostics
Warrants global expansion
I was at the Burrill Personalised Medicine in the Clinic Beyond Cancer panel where G Steven Burrill invited me to explain for the audience Why dont you take your company and products to China My response at the moment was fairly succinct and addressed our need to focus on domestic United States production and follow with a launch of our products du...
Twenty-first Century Crime
Counterfeit, illegally diverted and stolen pharmaceuticals
The worldwide markets for pharmaceutical products are generally well regulated efficient and profitable It is their profitability that attracts many individual criminals and criminal organisations anxious to peddle counterfeit illegally diverted and stolen pharmaceuticals Through the systematic collection analysis and dissemination of informatio...
