Drug Industry Business Models
Mar/09/2010 06:04
According to a
new report, 98 percent of physicians say their
offices are visited by up to 20 reps each week
from the pharmaceutical or medical device
industries. And you thought that the purge within
pharma was going to result in less sales calls by
sales reps who offer little value except to give
free samples. Read
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Tags: Sales Reps
Feb/27/2010 12:33
Interesting
article in this weeks Business
Week on Lilly. Lilly is
facing some patent expirations that could
bring sales down 50% but the CEO, John
Lechleiter, is determined to reinvent
processes to develop new drugs and is spending
21% of revenue on R&D far outpacing the
industry. Read
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Tags: Eli Lilly
Feb/13/2010 06:18
Has Eli Lilly
demonstrated a hard lesson that the drug industry
needs to learn quickly ? The faltering start of
Efficient in a $6 billion market may hold broader
lessons for the nation’s pharmaceutical industry
about the realities of launching a drug in the
new environment. Read
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Tags: Efficient
Feb/12/2010 05:49
Billy Tauzin,
one of the highest paid lobbyists in Washington,
is resigning as president of the pharmaceutical
industry’s trade group amid internal disputes
over its pact with the White House to trade
political support for favorable terms in the
proposed health care overhaul. For those of you
who don't understand what happened here is that
Tauzin rolled the dice putting $80 billion on the
table and in doing so he may have lost the $80
billion plus a lot more. You think the same old
business model is going to suffice ?
Read
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Tags: Legislation
Feb/05/2010 06:47
A new tax on
profits from some patents and other intangible
assets parked in overseas tax havens by American
companies. That was the land mine in President
Obama's budget this week. The drug industry giant
Pfizer which has said that 88% of its $56 billion
in income from 2004 through 2008 originated
overseas, could be subject to the corporate 35%
tax rate on at least some of its foreign profit
in the future if the president’s proposal goes
through. Read
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Tags: Off-shore
