How biotechnology changes pharma R&D: a managerial perspective
by Vittorio Chiesa, Giovanni Toletti
International Journal of Biotechnology (IJBT), Vol. 5, No. 2, 2003

Abstract: In recent years, pharmaceutical R&D has increasingly been affected by two main factors. On the one hand, there is a technology push factor related to the development of biotechnology and, on the other hand, there is the demand pull related to the growing R&D performance required by the market. In this paper, on the basis of the empirical study, the main R&D related cost and revenue drivers affecting the pharmaceutical industry have been identified. Then, the impact of biotechnology (in particular of genomics, proteomics, and bioinformatics) on each R&D cost and R&D led revenue driver has been analysed. Finally, we have commented on future perspectives related to biotech's impact on the pharmaceutical industry. Clearly, biotechnology is in continuous development and its impact on firms and markets has to be further evaluated. However, we hope that this work could offer a first systematisation of the matter and, also, the cue for further research in this area.

Online publication date: Wed, 24-Sep-2003

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Biotechnology (IJBT):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com