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The greatest life-science developments of 2004

What have been the greatest developments in life sciences for 2004 and what impact will these have on the future? While a lot of things have happened in 2004 in the land of biotech and pharmaceuticals, the answer could be:

1. Mercks taking Vioxx off the market due to potent cardiovascular side effects and the resultant scrutiny on the ......

Full article >>> t and device business. Guidant fit that bill. Via acquisitions, Johnson & Johnson has rapidly built an increasingly strong place in the industry to hedge its bets on both drugs (Pfizer) and medical devices (Medtronic).

3. The mergers of four Japanese companies this year. Anyone who has studied the Japanese knows that mergers between Japanese companies are not only not common......

Full article >>> armaceutical Executive December 2004 edition (called Unleashing the Dragon by Zhu Shen) made me think even more about China.

Look at some of the data supporting China becoming a major force in life sciences (according to Pharmaceutical Executive):

Pharmaceutical Market:
  • China is currently the seventh-largest health-care market in the world.
  • By 20......

    Full article >>> . This company expects to increase its sales force to 900 people in China. Also, this company opened an East Asia clinical trial center in Shanghai.
  • Novartis has invested about $70 million in China and has annual sales of about $120 million.
  • Roche opened an R&D center in Shanghai, which is its first in Asia and fifth worldwide.
  • Eli Lilly also opened up an R&D facility in Sh......

    Full article >>> rsities and top research institutions. By the way, the Shanghai Zhangjiang Hi-Tech Park includes both facilities for Roche and Eli Lilly.

    Intellectual Property Protection:
  • This has been an area of major concern to American and European pharmaceutical companies. Before 1993, China didnt grant drug patents. China was granted entry into the World Trade Organization in 2001. Th......

    Full article >>> General Motors had a profit of $437 million in 2003 in its Chinese operations, which was more than 50 percent of its entire North American profits.

    Intel generated revenues of $3.7 billion from China in 2003 and China became the third-largest market for this company and one of its most profitable markets. Intel has invested in start-up technology companies in China and currently has vent......

    Full article >>> ut of the University of Illinois at Chicago developing cancer vaccines. Rosen is also a founder and board member at the Illinois Biotechnology Industry Organization (IBIO). He can be reached at

  • This article has been syndicated on the Wisconsin Technology Network courtesy o......

    Full article >>>
    '"/> By Michael Rosen 12/21/04

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