Navigation Links
The Thousand-Year Business Model for a Modern Biopharmaceutical Company
Date:8/24/2012

CHAPEL HILL, N.C., Aug. 24, 2012 /PRNewswire/ -- Heightened regulatory scrutiny coupled with economic unrest has many biopharmaceutical executives focused on cutting costs and reorganizing key functions to serve physicians, payers, patients, and stakeholders more efficiently. However, two thought leaders recently stepped away from the micro point of view of operating in today's business landscape to draft "the thousand-year business model" for a modern biopharmaceutical company.

Christopher Bogan, chief executive officer of Best Practices, LLC, and Daniel Pascheles, Ph.D., vice president at Merck & Co., Inc., jointly-authored the white paper titled "The Ultimate Business Model: Planning that Thousand Year Future." The full text is published in the August 2012 issue of Pharmaceutical Executive, a leading trade journal for the pharmaceutical industry.

Aside from proven tactics for business survival, including partnerships (see M&A Integration Excellence), technology investments (see Deploying the iPad to Sales & Managed Markets Teams), and talent management, the white paper covered twelve potential paths or opportunity fronts to reinvention for the hypothetical BioPharmaCo., referenced throughout the piece.

These opportunity fronts spanned the organization, from the frontline to senior management, from finance to legal, from market research to supply chain. The twelve potential paths for reinvention highlighted directly improving patient care in areas such as health outcome services (see HOLs: The New Payer Facilitator) and treatment adherence services (see Zithromax: Case Study in Successful Re-Launch), in addition to several others mentioned in the white paper.

Drawing from themes in nature, such as proc
'/>"/>

SOURCE Best Practices, LLC
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Informex Global Pharma Sourcing 2012 Presents Key Strategies & Insight For Business Success
2. Pfizer and Mylan Team Up to Establish Exclusive Long-Term Strategic Collaboration to Drive Sustained Growth of Generics Business in Japan
3. Human Circuit Recognized as an Industry Leader in Commercial Integrator Magazines Business Series as a Top 5 Healthcare Market Media Integrator for 2012
4. Organovo Reports Q2 2012 Financial Results, Provides Business Update
5. Pressure BioSciences, Inc. to Discuss Second Quarter 2012 Financial Results and Provide Business Update
6. Elcelyx Therapeutics Names Mark Wiggins Senior Vice President of Business Development, Ginger Graham to Board of Directors
7. Alexza Reports 2012 Second Quarter Financial Results and Provides Business Update
8. AspenBio Pharma to Provide Shareholders with Business Update
9. Vesta Inc. Opens Frankfurt Office to Increase Service to Their Growing Medical Device Contracting Business Overseas
10. NationsHealth, Inc. Boosts Arizona Economy With Business Expansion
11. Qforma Appoints New VP, Business Development
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/15/2014)... 2014 /PRNewswire-iReach/ -- ChinaMarketResearchReports.com adds "China Orthopedic Instrument Industry ... (Photo: http://photos.prnewswire.com/prnh/20140115/MN46792 ) Benefiting ... China,s orthopedic instrument industry has ... size rising from 3.28 billion yuan in 2006 to ...
(Date:1/15/2014)... Mich. , Jan. 15, 2014 As health officials ... flu virus, select Meijer pharmacies in Michigan ... throat to eligible patients, enabling Meijer pharmacists to administer tests ... protocol set by a physician participating in the study. ...
(Date:1/15/2014)... , Jan. 15, 2014  Celsion Corporation (the "Company") (NASDAQ: ... received commitments from institutional investors to purchase an aggregate ... in an at-the-market registered direct offering, led by a ... into definitive purchase agreements with these investors pursuant to ...
Breaking Medicine Technology:Orthopedic Instrument Industry in China Markets Forecast to 2015 2Orthopedic Instrument Industry in China Markets Forecast to 2015 3Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 2Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 3Celsion Corporation Announces $15 Million At-The-Market Registered Direct Offering 2Celsion Corporation Announces $15 Million At-The-Market Registered Direct Offering 3
... Nov. 22, 2011  Questcor Pharmaceuticals, Inc. (NASDAQ:   QCOR) ... Piper Jaffray Healthcare Conference to be held on November ... and Chief Executive Officer, is scheduled to present an ... and Q&A session on Wednesday, November 30, 2011 at ...
... is in crisis throughout the world, but an ... biotech and pharmaceutical CEOs and other senior executives ... forum, "Eliminating the Gap between Innovation and Resources," ... San Francisco,s historic Marines, Memorial Club, hosted by ...
Cached Medicine Technology:Questcor Pharmaceuticals to Present at the Piper Jaffray Healthcare Conference on November 30, 2011 2'The Global Leaders' Seek Solutions to Healthcare Crisis by Bringing Together Investors With CEOs in Healthcare, Biotech and Pharma 2
(Date:7/11/2014)... (PRWEB) July 11, 2014 Wild by Nature, ... proud to announce they are opening a fifth store to ... by Nature offers one of the largest selections of wheat ... diagnosed with celiac disease, these stores have become a one-stop ... diet. , Gluten sensitivity, and gluten intolerance, is a spectrum ...
(Date:7/11/2014)... B. E. Smith, the only full-service leadership ... to lead a national chief nursing officer search ... The top executive search firm in the healthcare ... healthcare executives into organizations. , With four hospitals and ... is the largest provider of medical care in Central Oregon. ...
(Date:7/11/2014)... BellasDress, the experienced dressmaker in the world, has become ... comes to beach wedding dresses . Recently, the ... outfits in its online shop. Included in the new ... BellasDress has been considered as one of the best ... senior spokesman, BellasDress provides superb special occasion gowns and ...
(Date:7/11/2014)... July 11, 2014 Wearing the school motto ... families, facility and staff came together this past Saturday morning ... Everest community in the Homer Township Independence Day Parade. ... Old Glory. , Everest community recognized the theme ... in red, white and blue. The blue Everest balloons ...
(Date:7/11/2014)... Growing old was thought of as a fate that was far ... shown that many of the “myths” people associate with aging ... the elderly can still live quite as fruitfully as their younger ... in the world, older people also need to live a kind ... twilight of their lives. This is why Guy Coalter, the founder ...
Breaking Medicine News(10 mins):Health News:Wild by Nature Opens New Location 2Health News:St. Charles Health System Retains B. E. Smith to Recruit New CNO 2Health News:St. Charles Health System Retains B. E. Smith to Recruit New CNO 3Health News:BellasDress Emerges As Popular Online Supplier Of 2014 Beach Wedding Dresses 2Health News:Everest Academy Participates in the Homer Township Independence Day Parade 2Health News:It’s All Free For Seniors Review, How To Take Advantage of What Life Has to Offer In Old Age – Vinamy.com 2Health News:It’s All Free For Seniors Review, How To Take Advantage of What Life Has to Offer In Old Age – Vinamy.com 3
... adverse effects reported , TUESDAY, Oct. 23 (HealthDay ... inhaled corticosteroids are less likely to find adverse effects ... Spanish researchers say. , A team from Children,s Hospital ... drugs conducted between 1993 and 2002. , Potentially harmful ...
... Mylan Inc. (NYSE: MYL ),today announced that ... into a patent license and settlement agreement with ... the generic version of GSK,s Paxil CR(R). All ... ER Tablets will be dismissed with,prejudice. Under ...
... Calif., Oct. 23 Cepheid (Nasdaq:,CPHD) will announce financial ... close on Thursday, Nov. 1, 2007. The announcement will ... afternoon at 4:30 p.m.,Eastern Time. CEO John Bishop ... the,conference call to discuss Cepheid,s financial results and business,highlights. ...
... Mich., Oct. 23 Health Enhancement Systems,announces the ... employers to,have a positive influence on health. The ... plus a pocket calendar providing,daily health tips, recipes, ... web,s best health resources. Dean Witherspoon, CEO ...
... by PLoS Medicine is Open Access: freely available ... use, as long as the authorship is properly ... special collection of articles that aim to highlight ... part of the Council of Science Editors Global ...
... of gloss, depth of image, and ... MANSFIELD, Texas, Oct. 22 Solvay Engineered Polymers,Inc., ... use in the,production of extruded sheet. The new ... acrylic layer onto a substrate of thermoplastic,polyolefin (TPO) ...
Cached Medicine News:Health News:Drug Company-Funded Asthma Drug Studies More Positive 2Health News:Mylan Announces Settlement of Paroxetine Hydrochloride Extended-Release Tablets with GlaxoSmithKline 2Health News:Cepheid Schedules Teleconference and Webcast for Third Quarter 2007 Results 2Health News:New Website Contributes to Healthy Workplace Culture 2Health News:Which intervention would do the most to improve the health of the extreme poor? 2Health News:Which intervention would do the most to improve the health of the extreme poor? 3Health News:Which intervention would do the most to improve the health of the extreme poor? 4Health News:Which intervention would do the most to improve the health of the extreme poor? 5Health News:New ADDHERE(TM) Adhesive Tie Layer Bonds Acrylic Cap Layers to Substrates of Thermoplastic Polyolefin (TPO) in Production of Sheet for Use in Thermoforming 2Health News:New ADDHERE(TM) Adhesive Tie Layer Bonds Acrylic Cap Layers to Substrates of Thermoplastic Polyolefin (TPO) in Production of Sheet for Use in Thermoforming 3Health News:New ADDHERE(TM) Adhesive Tie Layer Bonds Acrylic Cap Layers to Substrates of Thermoplastic Polyolefin (TPO) in Production of Sheet for Use in Thermoforming 4
... designed with a spring-loaded mechanism to ensure ... gel cassettes stay firmly in place during ... loading from one gel to the next ... robot loading software. In addition, the E-Holder™ ...
... electrophoresis into an automated, high-throughput operation with ... system is ideal for analyzing multiple PCR ... Fully automated, robot-compatible, and ready to put ... your high-throughput screening assignments as easy as ...
... are seamless eliminating the possibility of leakage around ... have temperature resistant gel trays meaning you do ... For added user friendliness, the Primo tanks come ... The Primo Gel Systems are designed to ...
... Submarine gels may be formed directly on ... to contain the agarose as it cools, or ... sealed with tape. Gel is 7.5cm wide 10cm ... your lab requires (e.g., RNA only). Combs and ...
Medicine Products: