Archive for the ‘Pharmaceuticals’ Category
Two Aspects of the Debate on Pharmaceutical Patents Still Enforced
August 10th, 2011 | 
Author: Latin America has made great strides in protecting pharmaceutical patents still held by the intellectual property holders. Through free trade agreements such as NAFTA as well as some decisions made by South American governments, particularly Brazil, pharmaceutical patent protection is increasing and the pharmaceutical industry is growing and innovating. These steps by Latin American governments highlight a larger piece of the pharmaceutical patents debate which is ensuring an economic incentive for development of new intellectual property. Modern drugs are getting more expensive to produce and pharmaceutical patents still need to be honored and protected.
Pharmaceutical Patents Gaining Respect in Latin America
When Mexico and the United States signed NAFTA, the groundwork was laid for the now booming Mexican pharmaceutical market. Mexico is the largest market in the South America and the increased protection of pharmaceutical patents has lead to research companies such as Schering-Plough to increase their involvement in the Mexican pharmaceutical industry. Furthermore, direct investment has increased overall into the Mexican pharmaceutical space.
Increased foreign direct investment and balanced, fair Free Trade Agreements are two key aspects of healthy pharmaceutical patent protection. However, they do not answer the question “Why are pharmaceutical patents important?” The answer to that question is that pharmaceutical patents protect pharmaceutical innovation.
Pharmaceutical Patents Still In Effect Foster Development of New, More Effective Pharmaceuticals
Posted in Pharmaceuticals | 
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Are Pharmaceutical Companies Immune to Recession
Are Pharmaceutical Companies Immune to Recession
The world is going through a crucial time. Recession has hit the world and all industries; more or less, are affected by it. All of a sudden, uncertainty has become a part of almost all the sectors. We have not experienced such a financial crisis since 1930s. The year 2008 was marked by uncertainty and volatility in the global financial environment. The consequences of the financial crisis have caused severe inflationary pressures. Such an environment has generated deteriorating conditions even for the pharmaceutical industry. On the other hand, pharmaceutical companies have never proven to be a vulnerable sector to volatility and are not completely sensitive to economy.
This is an industry which knows that their industry will not be severely hit as illness never understands financial crisis, even in the hour of recession. People need healthcare regardless of the economy. This is the reason that healthcare providers have been one of the top performers, till now. People are running to invest in healthcare sector as it is considered to be the safest in times like this. The pharmaceutical sector has done fairly well in the US stock market and has brought flow of money in the sector. It is not that pharmaceutical industry has escaped the recession; there is certainly a decrease in growth but not ruthless decline. The sector is not as severely hit as the banking and financial sector or the automotive sector.
Posted in Pharmaceuticals |
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Making the Switch to a Pharmaceutical Sales Career
The pharmaceutical industry is one of the most lucrative business sectors as evidenced by its 0 billion global industry revenue in 2004. As such, many careers have been developed to cater to the varying needs of the industry. One good example of such a career option is pharmaceutical sales, which is believed to be one of the most sought-after careers in the job market today.
The reason behind this trend is that pharmaceutical sales offers extraordinary salary potential, which may go as high as six-figures annually. Other amazing perks are special bonuses, a company car, trainings in exotic locations, flexible work hours, as well as unlimited opportunities for career growth.
Needless to say, many people who already have a career in sales are slowly but surely transitioning into pharmaceutical sales. If you’re one of those people who are ready to take your sales career to the next level, there are a variety ways to do just that.
For starters, educating yourself about the pharmaceutical industry is an important first step. Learn about various pharmaceutical companies, especially the biggest and most successful ones and how the entire industry is doing. It’s also important to keep yourself updated on industry trends.
Posted in Pharmaceuticals |
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Jobs in Pharmaceutical Sales: Louisiana Opportunities
Jobs in Pharmaceutical Sales: Louisiana Opportunities
Louisiana is the thirty first largest state among the fifty states of United States of America. Covering an area of 51, 843 square miles, this state is bordered on the north by the state of Arkansas, on the east by Mississippi and on the west by Texas. To its south lies the Gulf of Mexico. The state has a vibrant population of 4,468,976 people. Of these an astounding fifty one percent belongs to the female gender. Not only does this place have a favorable sex ratio, it has a lot of opportunity for the people to get employed.
The best part about pharmaceutical sales jobs is that they are best suited to females as they are generally considered to be more apt for such a job. They are naturally adept at pursuing a good conversation and convincing people to augment their company’s market share. Thus if you are interested Louisiana can have the best pharmaceutical sales jobs for you.
If you have not had much luck in landing yourself a job, then do try out your luck with these companies, for they are among the few who offer the best Louisiana pharmaceutical sales jobs:
Posted in Pharmaceuticals |
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China’s Pharmaceutical Actuality and Future
Only two decades ago, China was a poor agricultural country; now it becomes the third-largest economy in the world, with a GDP of more than , 108 billion in 2006. Experts forecast that by 2020, China will be the world’s largest economy.
1, China’s pharmaceutical market
The has shown impressive growth in recent years, in tandem with the country’s rapid economic expansion. In the past twenty years, China’s pharmaceutical market has an averaging between 18 – 20% growth, significantly higher than US and European growth during that period (7 – 9%). The total pharmaceutical market is expected to grow to .7 billion by the year 2005, to become the world’s largest pharmaceutical market by 2020.
2, China’s pharmaceutical industry
China has a large domestic pharmaceutical industry, providing 80% of China’s pharmaceutical consumption. In 1995, approximately 3,000 domestic state pharmaceutical enterprises produced a total output of billion, of which more than billion was exported, according to the State Pharmaceutical Administration of China (SPAC). The Chinese pharmaceutical industry has increased in value with an annual average growth rate of 16.72% over the last few decades.
However, the industry is still small-scale, with a scattered geographical layout, duplicated production processes, and outdated manufacturing technology and management structure. The Chinese pharmaceutical industry also has a lower market concentration and weak international trading competitiveness, coupled with a lack of patented pharmaceuticals developed in-house.
Posted in Pharmaceuticals |
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Patents and Ethics in the Pharmaceutical Industry
This paper is concerned with the impacts of strict patents in the pharmaceutical industry, focusing on the Trade Related Aspects of Intellectual Property Rights (TRIPs) Agreement. It discusses the historical and current policy context, to better understand how strict patents affect the availability of essential drugs in developing countries.
The research shows that the pharmaceutical industry prioritises profit above health. Strict patents reduce the availability and affordability of new essential drugs in developing countries, and thereby have a negative impact on the health of the world’s poor. Larger pharmaceutical companies benefit more than smaller companies because they have a monopoly in the industry. They invest more in research and development and, linked to economies of scale, are better positioned to exploit markets for new drugs.
The example of India highlights the importance of generic production and essential drugs in developing countries. It shows that while TRIPs promotes economic growth of the industry and encourages investment in research and development of new drugs, it increases the prices of new essential drugs, thereby isolating benefits from the majority poor populations in developing countries.
The paper suggests that based on historical and current trade policy, developed countries have an ethical obligation to allow poorer countries to develop infrastructure for their pharmaceutical industry, a responsibility not being fulfilled. It suggests TRIPs be revised under a more ethical framework. This includes increasing public funding of research and development, shortening the length of patents and allowing developing countries to generically produce essential drugs.
Posted in Pharmaceuticals |
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Job in Pharmaceutical Industry
Job in Pharmaceutical Industry
Health has taken a new dimension in everyone’s life. Every individual is getting more health conscious compare to earlier time. In an era where diseases are spreading day by day, the Pharmaceutical Jobs are increasing at a rapid pace. To keep the demand in check the Pharmaceutical companies are focusing more on expansion plans. Pharmaceutical Industry in recent time has shown tremendous growth. There has been a sudden rise in demand and supply. Even the mergers and acquisitions have been seen in recent period. Without a doubt the pharmaceutical industry is one the fastest growing industry which ensures job opportunities for job seekers.
Pharmaceutical careers have attracted many enthusiastic young people with job security and growth. More job opportunities compared to last year has been seen in the sector. The youth is now giving more preference to Pharmaceutical Careers. Pharmaceutical companies has started hiring freshers and experienced staff with lucrative packages and incentives. Job opportunities are seen not only in manufacturing and research side but are also visible in sales and marketing of medicines. Pharmaceutical industry has added to its growth by organizing informative pharmaceutical events globally. There are large numbers of Pharmaceutical consultants that are covering all kinds of diseases and providing right kinds of medical products to pharmacy stores and hospitals.
Posted in Pharmaceuticals, Uncategorized |
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Why Should You Look at a Pharmaceutical Sales Job in this Economy?
Why Should You Look at a Pharmaceutical Sales Job in this Economy?
No doubt that if you are on the job market, you have thought about a position as a Pharmaceutical Sales Representative. Despite the tough economy, pharmaceutical sales jobs continue to be one of the most stable and lucrative careers and the industry looks to remain strong in the future. Even with talk of some kind of government run healthcare, pharmaceutical companies will still need sales representatives to educate doctors on their products and to drive bottom line revenues. Here are my top three reasons why you should take a serious look at this nearly recession-proof industry:
1. The industry is growing. In 1993, the average American received seven prescriptions in a year. In 2004, that number nearly doubled to twelve prescriptions per person in the US. The total number of annual prescriptions in the US now stands at over 3 billion. The global pharmaceutical market grew to 2 billion in 2007 at an annual growth rate of 10% between 1999 and 2007. This strong and consistent growth is largely the result of sales for new and innovative products and emerging international markets. Currently, the top five international pharmaceutical companies are, by revenue in 2007, Johnson & Johnson (.1 B), Pfizer (48.4 B), Glaxo SmithKline (.4 B), Novartis (.8 B) and Sanofi-Aventis (.5 B). In addition, four of the top 10 products in 2007 are forecast to consistently increase sales over the next five years. And the pipeline of new drugs is continuing to grow with many companies reinvesting up to 50% of their sales back into research and development.
Posted in Pharmaceuticals |
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Careers in the Pharmaceutical Sciences
Careers in the Pharmaceutical Sciences
The pharmaceutical sciences have saved millions of lives and improved quality of life by playing an important role in the discovery and development of new drugs and drug therapies. As science and medicine evolve and discoveries are made at an astonishing rate, the pharmaceutical industry continues to generate billions of dollars and employ top researchers and professionals.
With accelerating advances in science and technology, the pharmaceutical industry has entered its most promising period yet for new drug development. Pharmaceutical companies are using new knowledge and techniques to attack the root causes—rather than just the symptoms—of diseases and thus are revolutionizing the ways in which new drugs are discovered and developed.
The Disciplines of the Pharmaceutical Sciences
The pharmaceutical sciences can be broadly categorized according to the following disciplines:
* Drug discovery: This discipline deals with the design and synthesis of new drug molecules and includes medicinal chemistry, combinatorial chemistry, and biotechnology.
* Drug delivery: This discipline deals with designing the forms of drug dosages and their delivery to patients. Those involved in drug delivery work to determine the best concentrations of and schedules for drugs. Sciences related to this field include pharmaceutics, biomaterials, and pharmacokinetics.
* Drug action: This discipline examines the actions of drugs in living systems. Sciences dealing with drug action include molecular biology, pharmacology, pharmacodynamics, toxicology, and biochemistry.
Posted in Pharmaceuticals |
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Pharmaceutical Product Development
Pharmaceutical Product Development
The functionality of a drug is improved by conducting long clinical test. It plays a vital role in the development of pharmaceutical products. Clinical tests are carried on for ensuring the safety and effectivity of a pharmaceutical product.
A Biotechnology Company is required to maneuver its pharmaceutical product development program very carefully. For executing this development procedure successfully, a pharmaceutical company needs to be backed by a team of dedicated researchers.
A pharmaceutical company can profit from a pharmaceutical product development program if it can incorporate modern technologies in it. Sometimes therapeutic expertise may be needed for generating desired result from a pharmaceutical development program. Medical dealing, pharmaceutical development, drug security, clinical research, metabolism etc are some of the common aspects of this development procedure.
Almost every pharmaceutical companies are research institutions. They have dedicated themselves to develop the effectiveness of a medication or aim at inventing new drugs. Educational institute, medical equipment company and government organizations can be the customers of a pharmaceutical product development organization.
A pharmaceutical product development organization must recruit some pharmaceutical scientists who will be able to control and execute the task by exploiting their expertise and knowledge in this particular area.
