Attrition in the pharmaceutical industry : reasons, by Alexander Alex, C. John Harris, Dennis A. Smith

By Alexander Alex, C. John Harris, Dennis A. Smith

With a spotlight on case experiences of R&D courses in a number of disorder components, the e-book highlights primary productiveness concerns the pharmaceutical has been dealing with and explores strength methods of bettering learn effectiveness and efficiency.

• Takes a accomplished and holistic method of the issues and capability options to drug compound attrition
• Tackles an issue that provides billions of greenbacks to drug improvement courses and wellbeing and fitness care costs
• Guides discovery and improvement scientists via R&D levels, instructing requisites and explanation why medicines can fail
• Discusses strength methods ahead using new techniques and possibilities to lessen attrition

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Example text

Even very large companies can be takeover targets to capitalize on the quirky tax regimens across global economies. Mergers, acquisitions, takeovers, and the closure of R&D pipelines can be financially viable propositions. In 2014, Allergan announced it was to cut 1500 jobs, in a preemptive measure to cut costs as it attempted to defend itself from a ­$53 billion hostile bid from Valeant pharma­ ceuticals. It was a clash of corporate ideologies. Allergan with arguably a more traditional belief in sustainable growth driven through R&D innovation, versus Valeant and it’s acquisition-based growth model and a focus on strong financial discipline.

When studying a new drug, it can sometimes take many years to learn whether a drug actually provides 18 ATTRITION IN DRUG DISCOVERY AND DEVELOPMENT a real effect on how a patient survives, feels, or functions. Mindful of the fact that it may take an extended period of time to measure a drug’s intended clinical benefit, the ­regulations allowed drugs for serious conditions that filled an unmet medical need to be approved based on a surrogate endpoint. Use of a surrogate endpoint enabled the FDA to approve these drugs faster.

But to still provide incentives for pharma­ ceutical innovation, the Act also authorized a period of NCE data exclusivity, preventing generic drug applications citing the original data for a period of 5 years. In Europe, the data exclusivity can be 10 years, and this protection can exceed the protection provided by the patent. But in the United States, where one part of the fixed dose combination has been p­ reviously registered, data exclusivity was only 3 years. After petitions from “Avoiding” Attrition 37 companies such as Gilead and Bayer, the FDA has recently amended this to 5 years for future drug applications [65].

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