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The Future of Pharma - Evolutionary Threats and Opportunities (Paperback)
Loot Price: R1,559
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The Future of Pharma - Evolutionary Threats and Opportunities (Paperback)
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By any standard, the pharmaceutical industry's history has been a
successful one. In addition to its profits and shareholder
dividends, it has been seen by investors as relatively low risk
and, largely, counter-cyclical to stock market trends. However,
that important contribution appears to be petering out, with
significant global implications for employees, shareholders,
governments and patients. This is not just caused by the economic
crisis. Long before this, several distinct but related streams of
evidence emerged that now point to the stalling of the
pharmaceutical industry. The Future of Pharma examines the causes
of the industry's potential decline and offers a convincing and
rigorous analysis of the options open to it. What emerges is a
landscape defined, on the one hand, by the changing marketplace of
mass-market consumers, institutional healthcare systems and wealthy
individuals; and on the other by the alternate sources of
commercial value - innovative therapies; super-efficient processes,
supply chains and operations; and closer customer relations and
increasingly tailored health services. The challenges to the
pharmaceutical industry now and in the medium and long-term are
very significant. Brian Smith's highly readable research findings
are a wake-up call and a first step forward for anyone concerned
with the future of the industry; whether executive, customer,
policymaker or investor.
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