The Pharmaceutical Industry. Industry introduction Opportunity How to get into this industry ?
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- Slide 1
- The Pharmaceutical Industry
- Slide 2
- Industry introduction Opportunity How to get into this industry
?
- Slide 3
- Major Multinational Corporations
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- Brand-name drug vs. Generic drug Brand-name drug ( ) Newly
developed Under patent protection Generic drug ( ) Chemically
identical to the brand-name drug Can start selling after the patent
expires Also requires FDA approval Lower cost & Lower price Ex.
Brand-name: Tylenol Generic name: Acetaminophen
- Slide 5
- Prescription drugs vs. OTC Over-the counter drugs (OTC) Do NOT
require a doctor's prescription Prescription drugs Requires a
doctors prescription
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- Eli Lilly & Company NEUROSCIENCE DIABETES ONCOLOGY BONE
MUSCLE JOINT CARDIOVASCULAR MEN'S HEALTH
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- Research and Development Patent Protection: 20 years (Have to
apply at very early stage of R&D) Average length of time from
discovery to patient: 10 to 15 years Average cost to discover and
develop a new drug: $800 million to $1.2 billion Video:
http://www.youtube.com/watch?v=d9ouk_46xA8http://www.youtube.com/watch?v=d9ouk_46xA8
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- Industry Characteristics Highly regulated by regulatory
authorizes (ex. FDA, EMEA) R&D is crucial: Speed of Innovation
Reduce timeframe of development extend time of selling under patent
protection Be the First in market! Ex. Viagra (Pfizer) vs. Cialis
(Eli Lilly) Pipeline The set of compounds under development An
important indicator of the value and future prospects of a company
http://www.lilly.com/SiteCollectionDocuments/Pipeline/Clinical%20Development%20Pipeline/index.h
tml http://www.merck.com/research/pipeline/home.html What to do
when running out of pipelines? M&A? Invest more in R&D?
Patent
- Slide 9
- Taiwan Market Pharmaceutical Industry market scale: 3.8 billion
USD 1% of global total market scale
- Slide 10
- Taiwan Market - Top 5 local players 1. Yung Shin Pharm. IND.CO.
LTD 2. Gentle Pharm 3. TTY Biopharm 4. Standard Chem & Pharm
Co., LTD. 5. Synmosa Biopharma Corporation
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- Opportunity We not only selling drugs, we save lives!
- Slide 12
- Opportunity Pharmaceutical company organization Possible
opportunity Primary care - CV and AIR Specialty care - Oncology -
HIV - ID - V & WM Medical - RA -MA - CO Supporting group: FA,
HR, PR, IT, PR and SMS
- Slide 13
- Source:
http://drdianehamilton.wordpress.com/2011/10/27/job-outlook-for-college-grads-in-2011/
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- Clinical Research Associate
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- Slide 16
- Monthly Calendar
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- Working as a CRA Experience sharing - TRACER CASE - Oncology
Trial Love LifeLove Life The truth about the drug company
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- Thanks for your attention!