Navigation Links
Global Financial Crisis Making Biotech Business Model Unsustainable, According to Ernst & Young
Date:5/4/2009

ion in 2008.
  • Industry deal making remained brisk. The total value of M&As involving US biotechs reached more than US$28.5 billion -- a record high when adjusting for "megadeals" that took place in prior years. In Europe, M&A transactions totaled US$5 billion.

  • "Like firms in most markets, European biotechs were clearly impacted by the financial crisis," said Jurg Zurcher, Ernst & Young's Biotechnology Leader for Europe, Middle East, India and Africa. "Many are scrambling to raise capital, restructure operations and use deals creatively to survive. Consolidation seems inevitable."

    New pathways to sustainability

    The challenge for the industry, according to Beyond borders, is turning an existential threat into a Darwinian opportunity. The potential solution lies in four paradigm-shifting trends that promise to accelerate the transition to sustainable business models:

    Generics: Generics based on today's top blockbusters should loosen governments' and insurers' budgetary constraints and mitigate pricing pressures on innovative drugs, permitting better margins.

    US healthcare reform: The potential shift toward universal healthcare coverage in the world's largest drug market will likely incorporate pay-for-performance in reimbursement decisions. Incentives for true innovation should help biotechs sustain returns.

    Personalized medicine: Personalized medicine will increase the relative value of research and early development -- biotech's traditional strengths -- giving biotechs more bargaining power and better valuations. Meanwhile, more efficient drug development will lower R&D costs, making it easier for firms to make the journey to self-sufficiency.

    Globalization: Growing strengths in emerging markets will facilitate creative solutions -- from n
    '/>"/>

    SOURCE Ernst & Young
    Copyright©2009 PR Newswire.
    All rights reserved

    Page: 1 2 3 4

    Related biology technology :

    1. Global Experts Explore Entire Spectrum of Aids Vaccine Development
    2. Mindray to Present at Merrill Lynch Global Pharmaceutical, Biotech & Medtech Conference
    3. Advanced Life Sciences to Present at 2007 UBS Global Life Sciences Conference
    4. Touching 418 Billion Lives, Hepatitis Still Presents Significant Threat to Global Health
    5. Touching 418 Million Lives, Hepatitis Still Presents Significant Threat to Global Health
    6. Clinsys Clinical Research, Inc. Announces Key Hires, Rajagopalan Srinivasan, Ph.D, to Strengthen Global Biostatistics Service Offering and Christopher Gregory, Ph.D, to Scientific Affairs
    7. Jazz Pharmaceuticals to Present at UBS Global Life Sciences Conference
    8. A Large-Scale Research Project by a Dutch Consortium Addressing a Global Problem
    9. Amicus Therapeutics to Present at the Merrill Lynch Global Pharmaceutical, Biotech & Medtech 2007 Conference
    10. Allos Therapeutics to Present at the 2007 UBS Global Life Sciences Conference
    11. Merrill Lynch Global Pharmaceutical, Biotech and Medtech Conference to Webcast Millennium Presentation
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:1/22/2015)... Protocol Networks brings independent technology consulting to the ... consultants, Protocol Networks has recently announced its expansion into ... his company has attracted several clients in The Constitution ... as others. With the success of these engagements, Rogers ...
    (Date:1/22/2015)... 22, 2015 Dr. Greg Leyer of UAS ... Scripps Natural Supplements Pre-Conference seminar on probiotics in San Diego, ... annual continuing education conference for health care professionals. This year’s ... topic of probiotics in health. Dr. Leyer spoke about the ...
    (Date:1/22/2015)... , Nueva Jersey , 22 de enero ... for Biomedical Research abre hoy su llamada a nominaciones ... cuya investigación científica ha hecho, o tiene el potencial ... salud humana. Las nominaciones se aceptarán hasta el 15 ...
    (Date:1/22/2015)...  Derma Sciences, Inc. (Nasdaq: DSCI ), ... care, announces that AMNIOEXCEL® and AMNIOMATRIX®, amniotic allografts ... the Premier, Inc. Regenerative Skin Grafting contract portfolio. ... and AMNIOMATRIX® product lines, which continue to be ...
    Breaking Biology Technology:Protocol Networks Brings Independent Technology Consulting to the Constitution State 2El Dr. Paul Janssen Award for Biomedical Research emite su llamada a los nominados para 2015 2El Dr. Paul Janssen Award for Biomedical Research emite su llamada a los nominados para 2015 3El Dr. Paul Janssen Award for Biomedical Research emite su llamada a los nominados para 2015 4Derma Sciences Expands Access of its AMNIOTIC TISSUE Product Line with New Premier, Inc. Agreement 2Derma Sciences Expands Access of its AMNIOTIC TISSUE Product Line with New Premier, Inc. Agreement 3Derma Sciences Expands Access of its AMNIOTIC TISSUE Product Line with New Premier, Inc. Agreement 4Derma Sciences Expands Access of its AMNIOTIC TISSUE Product Line with New Premier, Inc. Agreement 5
    ... Vasogen Inc. (NASDAQ: VSGN ; TSX:VAS) today announced ... and its related foreign counterparts for US$400,000. This device-based ... the Celacade System; however, Vasogen has retained rights to ... to its Celacade System. , The Company today also ...
    ... benefits of silicone technology for healthcare applications, Polymer ... Polymer Science, Inc. will introduce a new ... (booth 1646) from February 10-12 in Anaheim, California. ... market for innovative skin contact applications, Polymer Science ...
    ... Feb. 2 More than a dozen internationally renowned ... transition team, will be coming to New Haven, CT ... research symposium taking place March 23-24, 2009.The roster includes ... announced creation of two new human embryonic stem cell ...
    Cached Biology Technology:Vasogen Announces Sale of Patent Application and Provides Corporate Update 2Polymer Science Releases New Silicone Gel Adhesive Products for MD&M West 2Obama Advisor Joins Connecticut and International Scientists at New Haven Stem Cell Symposium 2
    (Date:12/22/2014)... , Dec. 22, 2014  The 2014 Holiday Season ... as Acuity Market Intelligence reports that the long anticipated ... forecasts that intensifying demand for smart phones, tablets, and ... global market of 2.5 billion users with nearly 4.8 ...
    (Date:12/17/2014)... , Dec. 15, 2014 Research and Markets ... "Samsung Galaxy S5 - Home Button Synaptics Fingerprint ... http://photos.prnewswire.com/prnh/20130307/600769 Based ... 5S, Samsung introduces for the first time a fingerprint ...
    (Date:12/17/2014)... 16, 2014  Automation is fundamentally transforming the travel experience ... borders. Over the past decade, ePassports, biometric readers, and ... process through border control via eGates and Automated Passport ... seaports, and land borders across the globe. ...
    Breaking Biology News(10 mins):First Season of Holiday Shopping with Mobile Biometric Payments Wraps Up With a Present for Biometrics Industry: A Rosy Forecast for More Than 2 Billion Users of 4.8 Billion Mobile Biometric Devices by 2020 2Samsung Galaxy S5 - Home Button Synaptics Fingerprint Sensor Technology Analysis 2Automated Border Control (ABC) Transforms the Global Travel Experience With More Than 2500 ABC eGates and APC Kiosks Deployed In Airports, Seaports, and Land Borders Worldwide 2
    ... we can break you." If Rice University scientists wrote country ... that. But this song wouldn,t break anybody,s heart. A ... demonstrates an environmentally friendly way to make bulk quantities of ... to find use in all kinds of material and electronic ...
    ... An after-school snack of graham crackers might be one way ... study from the University of Minnesota shows. Federal nutrition ... foods, but previous studies have found that children typically only ... like the taste or texture of whole-grain foods. In ...
    ... A Michigan State University researcher is working to ... nerve cells fight off damage from Parkinson,s disease, a ... degenerative ailment. John Goudreau, an osteopathic physician and ... can rescue certain neurons from injury induced by Parkinson,s ...
    Cached Biology News:Graphene oxide gets green 2Graphene oxide gets green 3Specific protein may help neurons fix themselves in Parkinson's patients 2
    Complement C1q subcomponent subunit C precursor. [Source:Uniprot/SWISSPROT;Acc:P02747] Antigen: Recombinant Protein Epitope Signature Tag (PrEST)....
    Sheep polyclonal to Melatonin ( Abpromise for all tested applications). Antigen: Melatonin Tg conjugate....
    Goat anti-PITPN Class: Antibody Product Group: Miscellaneous Antibody...
    COMING SOON: Anti-Mouse CD205 (DEC-205),Clone NLDC-145, mAb...
    Biology Products: