22.12.2012 Views

Emerging Business Models in the Pharmaceutical Industries ...

Emerging Business Models in the Pharmaceutical Industries ...

Emerging Business Models in the Pharmaceutical Industries ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

20<br />

15<br />

10<br />

5<br />

0<br />

GSK Revenues by Geography (billion US$)<br />

USA Europe O<strong>the</strong>r Countries<br />

Source: Company’s Annual Reports<br />

GlaxoSmithKl<strong>in</strong>e plc<br />

Strategic Direction<br />

GSK follows <strong>the</strong> network research model, collaborat<strong>in</strong>g with research<br />

companies for rapid development of new drugs. S<strong>in</strong>ce <strong>the</strong> group was formed<br />

<strong>in</strong> December 2000, it has signed 36 major external collaborations, 24 for<br />

products <strong>in</strong> cl<strong>in</strong>ical development and a fur<strong>the</strong>r 12 for products at <strong>the</strong> precl<strong>in</strong>ical<br />

stage.<br />

The company’s overall pipel<strong>in</strong>e has 148 projects and 90 new cl<strong>in</strong>ical entities.<br />

GSK have entered <strong>in</strong>to a research collaboration, option and license<br />

agreement <strong>in</strong> <strong>the</strong> area of systems biology for drug discovery and<br />

development <strong>in</strong> metabolic diseases.<br />

GSK R&D has formed ADI (alternative drug discovery <strong>in</strong>itiative) partnerships<br />

with biotechnology companies and o<strong>the</strong>r pharmaceutical companies to<br />

explore different approaches to drug discovery.<br />

2001<br />

2002<br />

2003<br />

The company has been focus<strong>in</strong>g on<br />

oncology and cardiovascular sectors.<br />

However with Paxil and Wellbutr<strong>in</strong> not<br />

perform<strong>in</strong>g very well, questions are be<strong>in</strong>g<br />

raised about GSK's blockbuster model.<br />

Current collaborative ADI partnerships<br />

are:<br />

• Cytok<strong>in</strong>etics Inc. (oncology: mitotic<br />

k<strong>in</strong>es<strong>in</strong> <strong>in</strong>hibitors)<br />

• Shionogi & Co., (HIV and neurology<br />

programmes: potential broad based<br />

discovery collaboration <strong>in</strong> antimicrobials,<br />

oncology, metabolic and neurology)<br />

• Tanabe Seiyaku Co. Ltd. (broad based:<br />

neurology, gastro-<strong>in</strong>test<strong>in</strong>al, urology,<br />

diabetes, respiratory)<br />

• Exelixis Inc. (oncology, <strong>in</strong>flammation)<br />

• Theravance Inc. (asthma)<br />

• Ranbaxy<br />

Strategic Analysis of <strong>the</strong> Pharma Market, Future Revenue <strong>Models</strong> and Key Players 61

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!