Reinvention of the Drug Industry and Their Implications for Future Dealmaking
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Biotechnology
Functional Area : Business models, new technologies |
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About "Reinvention of the Drug Industry and Their Implications for Future Dealmaking" topic:
The pharmaceutical industry has always influenced and interacted with the biotech industry. Until recently, this interaction was characterized by low value fee for service collaborations in the early drug discovery sector and higher value alliances in the late stage product phase. But today, pharma has come under increasing regulatory compliance and pricing pressure. Decreasing R&D productivity as well as new paradigms in Personalized Medicine are additional challenges. This has forced pharma to rethink transactions with biotech companies. So share your thoughts on this.....
1 trends
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, 5 debates
on topic: "Reinvention of the Drug Industry and Their Implications for Future Dealmaking"
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Yes
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No
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Narendran Subramanaian
| Argues in support of
"No"
| 4 years ago
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No, This will lead people to consume these drugs with out a proper diagonosis and with wrong dosage resulting to insane to that medicine and other side effects.
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varsha
| Argues in support of
"Yes"
| 4 years ago
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yes i am in favor of advertizing prescription directly to public. thanks
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Debate: "Should drugs companies be allowed to advertise prescription drugs direct to the public?" deleted from your view.
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Favour
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8
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Against
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Bindu Narayan
| Argues in support of
"Against"
| 4 years ago
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i support against this idea, there is no way that Hospitals can manufacture drugs, it is a total different entity where so much R D is involved, so leave hospitals out of this and let pharmaceutical companies do what they do best.....
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Vishal Agarwal
| Argues in support of
"Favour"
| 4 years ago
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I actually disagree with my friend. There are many drugs like which are produced in the hospitals such as Mary Washington hired Central Admixture Pharmacy Services which are used in the blended cardiac surgery the solution stops the heart from...
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Sanjay Saha
| Argues in support of
"Against"
| 4 years ago
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i am Totally against this idea where drug is manufactured by the Hospitals, it has more to do with as Beena has said, like Microbiologists, biotech people and biochemistry and and doctors can give just insight while the phase trials like what...
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Debate: "Manufacturing of drugs" deleted from your view.
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Safe
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2
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Not Safe
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Sudeep Tarafdar
| Argues in support of
"Safe"
| 4 years ago
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ofcourse the Drugs that are manufactured are safe, because there are so many procedures there which are taken care before manufacturing of the drugs starts, there is HACCP( hazard analysis critical control point) and many other things which...
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Sumit Bansal
| Argues in support of
"Not Safe"
| 4 years ago
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The drugs which are manufactured today are following standards which are set in the year 2004, and now it is 2008 there are many things which are changed. And one thing which has changed to a great extent is the living habit of people and this...
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BEENA AGARWAL
| Argues in support of
"Safe"
| 4 years ago
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Drug manufactured today are based on highly scientific and reliable procedures.There is no question of safety at all.As there are laws and also many experimental proofs to prove the authenticity of a particular drug.Patent law is also applicable...
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Debate: "Safe Drugs" deleted from your view.
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Yes
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2
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5
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No
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SHASHANK SHEODE
| Argues in support of
"No"
| 2 years ago
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No this ban will not effect as many Pharma companies in india have started giving quality drugs as compared to few years back.New policies and overall changes in the industry there will be no effect of ban on indian companies.There are many...
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Arpit Mishra
| Argues in support of
"Yes"
| 4 years ago
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The US action is bound to have adverse repercussions in regulated markets such as Europe, Japan, Australia, New Zealand and other markets of Asia, Africa and Latin America where Ranbaxy markets its formulations. Naturally these countries will...
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Anand G Badve
| Argues in support of
"No"
| 4 years ago
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yes they are following the norms but not india .When India will do this
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Debate: "Will US ban on ranbaxy drugs will effect other Indian Pharma companies? " deleted from your view.
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Well people here are a few things that initiate the development of a new drug. This I have learned from my experience in the pharmaceutical industry over the years. New drugs begin in the laboratory with chemists, scientists and pharmacologists who identify cellular and genetic factors that play a role in specific diseases. They search for chemical and biological substances that target these biological markers and are likely to have drug-like effects. Out of every 5,000 new compounds identified during the discovery process, only five are considered safe for testing in human volunteers after preclinical evaluations. After three to six years of further clinical testing in patients, only one o...
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BEENA AGARWAL
| Commented
| 4 years ago
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Nice basic for drug discovery .These are basics which all pharma industries have to follow befre prducing new drug.Thanks Mr bansal.Nice share
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Bindu Narayan
| Commented
| 4 years ago
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Great insight. Here many people have the question regarding drug discovery. I hope this will answer their questions to some extent as this article gives a over view of drug discovery process.
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Insight: "How to Discover a new drug?" deleted from your view.
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Whenever a new drug or medical device comes on the market, the process leading up to FDA approval has been costly and time-consuming. Biotech companies spend many years working in their laboratories to develop new drugs to ready them for testing. Companies that can’t afford their own study staffs are increasingly turning to contract research organizations (CROs) to do the testing. Launched by entrepreneurs, an army of CROs is taking on the daunting task of testing for pharmaceutical companies without the time and resources to perform their own. In a few cases, these contract firms which have emerged over the past twenty years have not been up to the rigorous task of controlled clinical trial...
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Bindu Narayan
| Commented
| 4 years ago
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Great insight... It gives an overlook about which stages a drug has to go before coming to the market..
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Insight: "How New Drugs and Medical Products are Tested" deleted from your view.
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Indian phrmaceutical companies are on the boom and enjoying high degree of profitability, the reason being that Indian consumers are being more and more health concious. The drugs manufactured by Indian Pharmaceuticals vary greatly in cost and composition. But the issue that I am here going to discuss with you is about the producton of low cost generic drugs . Generic Drugs as we all know are the drugs which are produced and distributed without patent protection, and you all must be aware that India is still allowed to make generic drugs after severe seminal challeneges to patent laws filed by the leading Swiss Drug Company Novartis , arguing that it will discourage investments in innovatio...
Trends: "Indian law on generic drugs is upheld" deleted from your view.
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Brighter
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0
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Darker
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Chandra shekhar
| Argues in support of
"Brighter"
| 3 years ago
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The future of Pharma Industry is seems to be bright because, it has been observed that each year a new type of disease or infections are coming up which are regarded as the threat to whole mankind. These Life threating diseases or infection need...
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Debate: "what is the future of phama industry by the end of 2015?" deleted from your view.
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http://www.siliconindia.com/shownews/Auto_industry_to_entice_customers_with_new_launches_in_2011-nid-77402.html/1 I HOPE THIS INFORMATION MAY BE OF INTEREST TO YOU FRIENDS. PLEASE CLICK THE ABOVE LINK FOR MORE DETAILS.
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The productivity is obviously linked to availability of Skilled manpower, quality material, Efficiently tailored equipment suited to site use, timely release of funds and last but the most important ingredient that is an Efficient Project management team using appropriate techniques ensuring the effective optimized use of all the above resources. Apart from these basic requirements effective methodologies employed in every stage of construction, Quality assurance plans and Project management techniques play important roles in project administration. The project staff whatever efficient may be the constant on job training make them effective work force to complete the project on time. To retain the skilled labour effective welfare measures like hygienic labour camps including medical, water and toilet facility, timely labour payments and safety at construction site ensures the improvement of productivity in the Construction industry.
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