Business of health

A focus on diseases for which it believes it can develop more valuable drugs

images
GlaxoSmithKline said it will stop research into new antidepressants and focus on diseases for which it believes it can develop more valuable drugs, a major shift for a company that developed some of the biggest-selling antidepressants of the past 20 years. The key question is "valuable to who" , investors or patients ? Maybe the reason is because physicians and patients are buying the marketing that led to a lot of people taking antidepressant medications ?

Read More...
|

Focus on customers not shareholders

04_03_3---Stock-Market-Prices_web
"The harder a CEO is pushed to increase shareholder value, the more the CEO will be tempted to make moves that actually hurt the shareholder"* I don't think that anyone can argue that most of the recent moves of the drug industry, acquisitions and mergers, have been more about shareholders than customers.
Read More...
|

More Stuff