Canada - English

Details

  • Industry: Industrial Markets, Biotechnology & Pharmaceuticals
  • Type: Business and industry issue, Survey report
  • Date: 3/7/2012

Future Pharma 

The pharmaceutical industry has struggled over the last 10 years but there are opportunities out there; however, a shift is required in how the industry operates.

Future Pharma
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Future Pharma presents four key challenges facing the Pharmaceutical Industry and five strategies to accelerate the transformation of the industry to meet those challenges.

 

The report makes a number of interesting observations that will be useful for companies in shaping their future, including:

 

  • Emerging Markets growth will pressurize profit margins
  • R&D productivity has been decreasing steadily over the last 20 years
  • Social Media gives patient groups a greater voice and is empowering individuals
  • Big Pharma companies need to improve governance structures to regain trust from its stakeholders.
 

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