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Future of "Big Pharma"

Date Submitted: 09/10/2006 03:30:45
Category: / Society & Culture / Education
Length: 9 pages (2531 words)
Subject: Pharmaceutical Industry. - "Big Pharma" Problem: The main problem is more than $80 billion worth of blockbuster drugs faces patent expiration by 2008. These drugs risk losing 80% or greater market share when generic copies hit the market. With the industry developing fewer blockbuster drugs today, it is of grave importance that pharmaceutical companies protect those drugs whose revenue streams will enable them to keep developing new medicines over the next decade . Alternatives: Line extension 2. Evergreening 3. New …
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