CPhI Innovation Award Winners

Rich WhitworthWalking through the halls of CPhI Worldwide, it was hard to recognise it as the space just a few short hours before; the place had been transformed by teams, presumably working through the night, and the addition of a good many people provided enough hustle and bustle even early on to indicate that it would be a good show for all. Read more »

Prosperity through Biology

Erik Greb PharmTech editor

As the unemployment rate hovers around 9.1%, the federal government needs to find ways to create jobs. Congress is debating whether a tax break on repatriated money would prompt companies to hire more workers, as I mentioned last week. Meanwhile, the Obama administration is eyeing another potential means of stimulating job growth: investing in biological research. Read more »

Is Pharma’s Innovation Slump over?

Stephanie Sutton Pharm Tech EuropeIt’s a well-known fact that new product approvals in the pharma industry have been in decline in recent years. In 2010, for instance, the FDA only approved 21 new drugs compared with 26 and 24 in 2009 and 2008, respectively. July 2011, however, saw the FDA approve its twenty-first product for 2011 with AstraZeneca’s blood-thinner Brilinta, so it seems as if the agency is set to outpace 2010’s dreary approval numbers. Read more »

Weak Pipelines? Don’t Blame FDA.

Erik Greb PharmTech editorFacility rationalizations, outsourcing, and staff reductions can provide only so much of a cushion to pharmaceutical and biopharmaceutical manufacturers about to drop off the patent cliff. The ideal way to remain profitable is to discover and develop innovative new drugs, but this task has proven increasingly difficult for drugmakers over the past few years. Jonathan Leff, a managing director at venture-capital firm Warburg Pincus, says that FDA is partly to blame. Read more »

Is Germany jeopardizing innovation?

Stephanie Sutton Pharm Tech EuropeHealthcare reform in Germany has had pharma companies grumbling for months. Among other things, the new system limits the amount that pharma companies can charge for prescription drugs; a law known as AMNOG demands that companies submit a cost–benefit dossier for new drugs, with the outcome being used to set the price, which is a bit of a thorn in pharma’s side. Read more »

Big Pharma, We Hardly Knew Ye

Erik Greb PharmTech editorBig Pharma’s sales forecast is not likely to improve anytime soon. Consulting firm Bain and Company predicts that the top 25 drug companies’ annual sales growth will be no more than 1% through 2016. To compensate for reduced revenue, investors are urging manufacturers to cut expenses that do not add value. One such expense, in many investors’ eyes, is research and development (R&D). Read more »

Is Big Pharma Stifling Innovation?

Erik Greb PharmTech editorBig Pharma has offered many explanations for its anemic pipelines. All of the easy drugs have been discovered. Patent law (or another particular form of regulation) stifles innovation. The economy is forcing us to retrench. Although these explanations may be plausible, they all lay the blame elsewhere. Could Big Pharma’s own actions be discouraging research and development (R&D)? Read more »

What Is The Value Of Outsourcing?

Stephanie Sutton Pharm Tech EuropeOutsourcing can have its benefits, but how often do we bother to measure the actual value of our outsourcing relationships? Or the innovation that it delivers? In Europe, at least, the answer is: not very often.

This week, Warwick Business School (UK) released a study (sponsored by Cognizant) looking at European C-suite attitudes to outsourcing. The study encompassed 250 CIOs and CFOs across Benelux, France, Germany, Switzerland, the Nordics and the UK. Read more »

Of Genes, Coal, and the US Government

Erik Greb PharmTech editorBiopharmaceutical manufacturers have successfully patented isolated DNA molecules for some time. The Biotechnology Industry Organization recently described these patents as critical tools that enable the research and development of new biotech therapies. A new development in a federal court case, however, could redefine what legitimately can and cannot be patented. The court’s decision could have ramifications for all biopharmaceutical manufacturers. Read more »

Novartis Could Apply Minds and Math to R&D

Erik Greb PharmTech editorLast Monday, I argued that renewed investment in research and development would be the pharmaceutical industry’s surest route back to prosperity. An investment that Novartis (Basel) made a few days later indicated that the company seems to agree with me. What’s more, the investment will create new jobs in the US. Read more »

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