From Breakthrough to Blockbuster - The Business of Biotechnology (Hardcover)

Financial Times Business Top Title March 2022 How could a large collection of small companies, most with fewer than 50 employees, rise to compete with Big Pharma, one of the world's most breathtakingly expensive and highly regulated industries? Beginning in the 1970s, several scientific breakthroughs promised to transform the creation of new medicines. As investors sought to capitalize on these Nobel Prize-winning discoveries, the biotech industry grew to thousands of small companies around the world. Each sought to emulate what the major pharmaceutical companies had been doing for a century or more, but without the advantages of scale, scope, experience, and massive resources. Biotech companies have met the challenge by creating nearly 40% more of the most important treatments for previously unmet medical needs. Moreover, they have done so with much lower overall costs. From Breakthrough to Blockbuster: The Business of Biotechnology focuses on both the companies themselves and the broader biotech ecosystem that supports them. It paints a portrait of the crucial roles played by academic research, venture capital, contract research organizations, the capital markets, and pharmaceutical companies, demonstrating how a supportive environment enabled the entrepreneurial biotech industry to create novel medicines with unprecedented efficiency. In doing so, it also offers insights for any industry seeking to innovate in uncertain and ambiguous conditions.

General

Imprint:	Oxford UniversityPress
Country of origin:	United States
Release date:	July 2022
Authors:	Donald L. Drakeman (Fellow in Operations and Technology Management, Cambridge Judge Business School, and Distinguished Research Professor, Program on Constitutional Studies) • Lisa N. Drakeman (Board Member) • Nektarios Oraiopoulos (University Lecturer in Operations and Technology Management and Director of the MPhil in Strategy, Marketing, and Operations Programme)
Dimensions:	240 x 165 x 20mm (L x W x T)
Format:	Hardcover
Pages:	240
ISBN-13:	978-0-19-508400-9
Categories:	Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Hi-tech manufacturing industries Books > Medicine > Other branches of medicine > Pharmacology > General Promotions
LSN:	0-19-508400-4
Barcode:	9780195084009

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