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Emerging Business Models in the Pharmaceutical Industries ...

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Process Optimisation - Network Model<br />

Pharma companies are work<strong>in</strong>g on <strong>the</strong> <strong>in</strong>-sourc<strong>in</strong>g and<br />

outsourc<strong>in</strong>g model to <strong>in</strong>crease efficiency, and reduce lead<br />

time <strong>in</strong> drug discovery. The various <strong>in</strong>-house and outsourced<br />

departments function as horizontally and vertically l<strong>in</strong>ked<br />

networks.<br />

Companies are explor<strong>in</strong>g <strong>the</strong> benefits of balanced budget<strong>in</strong>g<br />

<strong>in</strong> each department, primarily based on ROI and profitability<br />

from <strong>in</strong>dividual cost centres. The network model is greatly<br />

supported by product life cycle management.<br />

Strategic Analysis of <strong>the</strong> Pharma Market, Future Revenue <strong>Models</strong> and Key Players 19

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