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

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Market Segmentation Gett<strong>in</strong>g Blurred<br />

The pharma <strong>in</strong>dustry spans pharma, medical equipment,<br />

and health care services. Pharma is no longer restricted<br />

to white powder drugs, and <strong>in</strong>cludes <strong>the</strong>rapeutic health<br />

care packages cover<strong>in</strong>g diagnostic tests, drugs,<br />

monitor<strong>in</strong>g devices and o<strong>the</strong>r support services for<br />

patients. The market size of <strong>the</strong> <strong>in</strong>dustry is <strong>in</strong>creas<strong>in</strong>g as<br />

a result of personalised biotech drugs blurr<strong>in</strong>g <strong>the</strong><br />

distances between <strong>the</strong> vertical segments of drugs,<br />

medical equipment and health care.<br />

W<strong>in</strong>n<strong>in</strong>g Strategies<br />

The Big Pharma companies are fac<strong>in</strong>g <strong>the</strong> pressure of<br />

try<strong>in</strong>g to stay stable even while be<strong>in</strong>g <strong>in</strong>novative <strong>in</strong> <strong>the</strong>ir<br />

products and approach.<br />

The companies are formulat<strong>in</strong>g w<strong>in</strong>n<strong>in</strong>g strategies on<br />

<strong>the</strong> basis of new emerg<strong>in</strong>g models such as <strong>the</strong> Kiosk<br />

Based Health Care Model, Integrated Network Model,<br />

and Semi Block Buster Model.<br />

The primary bus<strong>in</strong>ess and operational goals of pharma<br />

companies are to <strong>in</strong>crease market capitalisation to ga<strong>in</strong><br />

<strong>in</strong>stitutional support, raise additional fund<strong>in</strong>g, optimise<br />

R&D process and reduce cost, acquire later stage<br />

programmes and pipel<strong>in</strong>es, and bank on competitive<br />

advantages.<br />

Strategic Analysis of <strong>the</strong> Pharma Market, Future Revenue <strong>Models</strong> and Key Players 9

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

Saved successfully!

Ooh no, something went wrong!