Pharmaceutical Margins Will Come under Extreme Pressures in 2008 and beyond According to Recent Report State of the Pharmaceutical Industry, 2008
DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c83502) has announced the addition of new Decision Resources report State of the Pharmaceutical Industry, 2008 to their offering.
What will pharmaceutical management see when it looks in the mirror in 2008? Amid the pressures and shortcomings of recent industry performance, will management recognize and act upon the opportunities that already exist? Adhering to the status quo is not propelling this industry forward; only real change can accomplish that goal. What should the industry do to improve its performance and outlook? We asked industry leaders—both within and outside of Decision Resources—to offer their opinions on the issues that will both concern and excite the pharmaceutical industry in 2008. Herein you will find their expert commentary, their recommendations, and a Spectrum Scorecard assessing the actions the industry should consider going forward.
Get the Answers You Need to Shape Your Strategy
- Pharmaceutical margins will come under extreme pressures in 2008 and beyond. What major challenges are critically important for the industry to solve? What are potentially the best solutions to address these challenges?
- Pharma is losing ground in the supply and control of information about drugs. What new concepts in information delivery are developing? How has the control of personalized information delivery gripped stakeholders, and how are they using this approach to their advantage?
- Globalization of the pharmaceutical and biotechnology industries in an exciting prospect for change. Why is globalization a double-edged sword? Why will it cost some companies their livelihood and independence, and what implications does this have for Western companies?
Scope
- Opinions from industry experts and thought leaders: expert commentary and analysis from four internal experts including Decision Resources’ president Sarah Fuller and ten external industry consultants and professionals.
- The pharmaceutical Haves and Have-Nots: dwindling pipelines, looming patent expiries, and generics challenges; companies’ coping strategies; and potential changes for former market leaders.
- Communicating information on drugs and health care—the control of information is allpowerful: personalized information, social networking, balanced drug information, evidence-based medicine, counter-detailing.
- Globalization: mature (G7) versus emerging (E7) pharmaceutical markets; offshoring and outsourcing to China versus India; a survey of executives at 40 companies in China and India; the impact of Western multinational companies doing business abroad; contract research organization activities; and Japan’s evolving marketplace.
- Pharmaceutical pricing models: industry pressures and traditional defenses; customer demands for value-for-money, cost-effectiveness models, and evidence-based medicine; what can be gained if companies and health technology assessment agencies work together; a case study of Alzheimer’s drug HTAs; lessons to be learned and new approaches to take.
- Convergence: coalescing technologies and opportunities point to the need to develop new industry business models; human genome sequencing, biomarkers, and targeted therapies; biotech as the innovation engine for pharma; disruptive technology; the need for a clear-cut personalized medicine business model.
Topics Explored:
Executive Summary
Strategic Considerations
Trends and Their Implications for Stakeholders
2008: Charting New Waters
The Haves and the Have-Nots: Propelling Companies Toward Novel Options
Predicting a Growing Divide
Surviving Fallow Periods Will Become More Difficult
Superimposing the Generic Dimension Widens the Have/Have-Not Divide
Coping Strategies Will Force New Business Models
Personalized Information: Who Will Provide It?
Recent Trends in Communicating Information on Drugs and Health Care
Providing Unbiased Drug Information
The Value of Social Networking
Educating Physicians: Evidence-Based Medicine and Counter-Detailing
Globalization: Threat or Opportunity
Expanding into Emerging Pharmaceutical Markets
Different Pharmaceutical Markets Developing in China and India
No Longer Simply a Matter of Cost
Moving Upstream in the R&D Value Chain
Japan’s Evolving Pharmaceutical Marketplace
Growing Impact of Foreign Pharmaceutical Companies
Domestic Japanese Companies: To Merge or Not to Merge?
Striving to Stay Independent
Pharma Pricing 2008: Make or Break
Crumbling Industry Defenses
Emboldened Customer Offensives
Technology Assessment: The Case of Alzheimer’s Drugs
Technology Assessments
The Case of Alzheimer’s Drugs
Actions Going Forward
Convergence: Are We There Yet?
Targeted Therapies
Biomarker-Driven Personalized Medicine: The Way Forward in Cancer Therapy
An Analysis of Industry Trends in Personalized Medicine
Trends Identified by the Diaceutics Google Index
Lack of an Appropriate Business Model
Convergence
Industry Action Items Going Forward
SPECTRUM Pharmaceutical Industry Dynamics 1-3
Pharmaceutical Industry, 2008
Experts Featured:
John Ansell, M.A., principal, John Ansell Consultancy
Cheryl Barton, Ph.D., principal
R. Roman Boutellier, Ph.D., Swiss Federal Institute of Technology, Zurich
Caroline Fielding, deputy managing director, Virgo Health PR
Sarah W. Fuller, president, Decision Resources, Inc.
Jeffrey Gruen, M.D., M.B.A., chief medical officer, Revolution Health
Barrie G. James, Ph.D., principal, Pharma Strategy Consulting
James McDermott, vice president, consulting, Decision Resources, Inc.
Mollie Roth, J.D., corporate counsel, vice president of business development, Diaceutics
Alexander J. Schicker, M.Sc., Swiss Federal Institute of Technology, Zurich
Jeffrey Settleman, Ph.D., professor of medicine at Harvard Medical School and director,
Center for Molecular Therapeutics at the Massachusetts General Hospital Cancer Center
Hiroshi Tashiro, M.Sc., research manager of Decision Resources’ Tokyo office
Fredrik Ullman, M.Sc., Swiss Federal Institute of Technology, Zurich
Prachi Vora, M.P.H., Spectrum program manager, Decision Resources, Inc.
List of Tables
List of Figures
For more information visit http://www.researchandmarkets.com/reports/c83502