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Follow on Google News | Big Pharma Challenges: Payer Environment Exacerbates Stagnant R&D ProductivityToday’s pharmaceutical industry faces unprecedented challenges. Our latest research report explores the key challenges facing pharma companies and includes case studies to provide context on the industry’s challenges.
Today’s pharmaceutical industry faces unprecedented challenges. Among these broad challenges are the genericization of blockbuster brands, declining R&D productivity, and a challenging payer environment. Pharmaceutical companies have traditionally generated value through R&D. However, the decline in R&D productivity has forced companies to question the long-term sustainability of their own R&D. Our research shows that stagnant R&D productivity is a key cause of the problems faced by the industry, a view echoed by pharma executives. Evidence shows that the current output from R&D activities is insufficient to grow future sales. The purpose of this report is to explore the key challenges facing pharma companies and include case studies to provide context on the industry’s challenges. Questions Answered: • What evidence is there to suggest that R&D productivity is a central cause of the challenges confronting pharma companies today? • How does a challenging payer environment exacerbate the R&D productivity issues facing pharma companies? • What factors will affect how much the “patent cliff” will impact on a company’s sales? • How has healthcare reform in the United States and austerity measures in Europe impacted on pharmaceutical sales for leading pharma companies? Report Contents: INTRODUCTION THE CHALLENGES PATENT EXPIRY OF BLOCKBUSTER BRANDS DECLINING R&D PRODUCTIVITY INCREASING COST TO DEVELOP PHARMACEUTICALS Morbidity and Mortality Evidence Potentially Increases Development Costs PAYER ENVIRONMENT Healthcare Reform in the United States Pricing Pressures in Europe Due to Austerity Measures Scrutiny from Payers on the Cost-Effectiveness of Pharmaceuticals R&D PRODUCTIVITY IS CENTRAL TO THE CHALLENGES FACING THE INDUSTRY CONCLUSION To order a copy of the report or for further information, please visit us at https://wescadiagroup.com/ About Wescadia Group Wescadia Group is a healthcare consultancy firm that works with life science organizations to help them achieve sustainable growth, bring innovative treatments to market and maximize the value of their assets. Contact: Wescadia Group Pty Ltd (ABN 26.156.459.504) Marcus Bain Managing Director Phone: +61. 8.8125.5820 Email: marcus.bain@ Website: http://wescadiagroup.com/ Facebook: http://www.facebook.com/ Linkedin: http://www.linkedin.com/ Twitter: https://twitter.com/ End
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