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Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Pharmaceutical industries
The dean of business historians continues his masterful
chronicle of the transforming revolutions of the twentieth century
begun in "Inventing the Electronic Century."
Alfred Chandler argues that only with consistent attention to
research and development and an emphasis on long-term corporate
strategies could firms remain successful over time. He details
these processes for nearly every major chemical and pharmaceutical
firm, demonstrating why some companies forged ahead while others
failed.
By the end of World War II, the chemical and pharmaceutical
industries were transformed by the commercializing of new learning,
the petrochemical and the antibiotic revolutions. But by the 1970s,
chemical science was no longer providing the new learning necessary
to commercialize more products, although new directions flourished
in the pharmaceutical industries. In the 1980s, major drug
companies, including Eli Lilly, Merck, and Schering Plough,
commercialized the first biotechnology products, and as the
twenty-first century began, the infrastructure of this
biotechnology revolution was comparable to that of the second
industrial revolution just before World War I and the information
revolution of the 1960s. "Shaping the Industrial Century" is a
major contribution to our understanding of the most dynamic
industries of the modern era.
In pharmaceutical patent law, the problem of lack of policy
direction and inappropriate legal framework is widespread -
particularly among jurisdictions with little to no pharmaceutical
research or manufacturing. This book aims to inform public policy
and influence debate through a comprehensive review of Hong Kong's
pharmaceutical patent law. By demonstrating the need for a holistic
review of pharmaceutical patent laws and evaluating Hong Kong's
system in light of health policy, economic and social factors,
Bryan Mercurio recommends changes to the legal framework and
constructs a more efficient and effective system for Hong Kong. He
thoroughly evaluates the international framework and best practice
models to offer a global perspective to each issue before providing
local context in the analysis. While the focus of the book is Hong
Kong, the analysis on pharmaceutical patent law and policy extends
to other jurisdictions facing issues on reforming their national
system.
Every year the average number of prescriptions purchased by
Americans increases, as do healthcare expenditures, which are
projected to reach one-fifth of the U.S. gross domestic product by
2020. In "Drugs for Life," Joseph Dumit considers how our
burgeoning consumption of medicine and cost of healthcare not only
came to be, but also came to be taken for granted. For several
years, Dumit attended pharmaceutical industry conferences; spoke
with marketers, researchers, doctors, and patients; and surveyed
the industry's literature regarding strategies to expand markets
for prescription drugs. He concluded that underlying the continual
growth in medications, disease categories, costs, and insecurity is
a relatively new perception of ourselves as inherently ill and in
need of chronic treatment. This perception is based on clinical
trials that we have largely outsourced to pharmaceutical companies.
Those companies in turn see clinical trials as investments and
measure the value of those investments by the size of the market
and profits that they will create. They only ask questions for
which the answer is more medicine. "Drugs for Life" challenges our
understanding of health, risks, facts, and clinical trials, the
very concepts used by pharmaceutical companies to grow markets to
the point where almost no one can imagine a life without
prescription drugs.
I am encouraged to see healthcare leaders looking beyond the ways
they have always done things in the past to implement innovative
solutions to curb the industry's skyrocketing costs, poor quality,
nursing shortages and employee dissatisfaction; all symptoms of
deeper problems inherent in the system itself. Today's forward
looking healthcare providers have realized the financial and moral
imperatives for improving quality and safety and eliminating waste
as strategies for responding to their pressing challenges. Lean
Healthcare (adapted from the Toyota Production System) is not just
for manufacturing or another short-term fix; it's a way to
transform an entire organization into a safe and high-quality,
high-performing healthcare delivery system. If implemented
properly, it can be the "how to" for managing change and creating
continuous improvement.
Coalitions and Compliance examines how international changes can
reconfigure domestic politics. Since the late 1980s, developing
countries have been subject to intense pressures regarding
intellectual property rights. These pressures have been
exceptionally controversial in the area of pharmaceuticals.
Historically, fearing the economic and social costs of providing
private property rights over knowledge, developing countries did
not allow drugs to be patented. Now they must do so, an obligation
with significant implications for industrial development and public
health. This book analyses different forms of compliance with this
new imperative in Latin America, comparing the politics of
pharmaceutical patenting in Argentina, Brazil, and Mexico.
Coalitions and Compliance focuses on two periods of patent
politics: initial conflicts over how to introduce drug patents, and
then subsequent conflicts over how these new patent systems
function. In contrast to explanations of national policy choice
based on external pressures, domestic institutions, or Presidents'
ideological orientations, this book attributes cross-national and
longitudinal variation to the ways that changing social structures
constrain or enable political leaders' strategies to construct and
sustain supportive coalitions. The analysis begins with assessment
of the relative resources and capabilities of the transnational and
national pharmaceutical sectors, and these rival actors' efforts to
attract allies. Emphasis is placed on two ways that social
structures are transformed so as to affect coalition-building
possibilities: how exporters fearing the loss of preferential
market access may be converted into allies of transnational drug
firms, and differential patterns of adjustment among state and
societal actors that are inspired by the introduction of new
policies. It is within the changing structural conditions produced
by these two processes that political leaders build coalitions in
support of different forms of compliance.
According to the World Health Organization, one-third of the global
population lacks access to essential medicines. Should
pharmaceutical companies be ethically or legally responsible for
providing affordable medicines for these people, even though they
live outside of profitable markets? Can the private sector be held
accountable for protecting human beings' right to health? This
thought-provoking interdisciplinary collection grapples with
corporate responsibility for the provision of medicines in low- and
middle-income countries. The book begins with an examination of
human rights, norms, and ethics in relation to the private sector,
moving to consider the tensions between pharmaceutical companies'
social and business duties. Broad examinations of global conditions
are complemented by case studies illustrating different approaches
for addressing corporate conduct. Access to Medicines as a Human
Right identifies innovative solutions applicable in both global and
domestic forums, making it a valuable resource for the vast field
of scholars, legal practitioners, and policymakers who must
confront this challenging issue.
The biohealthcare executive in upper-middle management confronts
leadership challenges unique to their industry: they manage highly
specialized knowledge workers and innovators, compete at the speed
of technology, work in a highly regulated environment where "free
speech" often does not apply due to patient safety and privacy
concerns, and increasingly are leading virtual teams who may be
located in different parts of the world. Practical leadership for
biopharmaceutical executives is a guide that strips away the theory
and meets head-on the practical leadership challenges these
executives face on a daily basis, and provides these "innovator
leaders" with the tools to lead effectively in the face of
technological complexity.
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