Challenges to the pharmaceutical industrys blockbuster-driven business Essay

Challenges to the pharmaceutical industrys blockbuster-driven business model, and the effectiveness of GlaxoSmithKlines strategies for meeting these challenges - Essay Example Scientific innovations take unexpectedly long periods to record progress or profits, which is pulling back the pharmaceutical industry’s blockbuster-driven business model (Antonijevic, 2013, p. 4). Many pharmaceuticals that launched blockbuster models between 1995 and 2000 were the outcome of discovery events began between the 1970s and 1980s (Ding et al., 2013, p. 426). Pharmaceuticals made these efforts to commercialize the upsurge of scientific understanding that had been growing for two decades. Recent scientific developments such as increased amounts of screening and genomics have raised output but their effect is yet to be felt at the bottom line. In the meantime, numerous pipelines guarantee just single digit rates of growth following the expiration of patent effects. Increases in development costs pose as another challenge for pharmaceuticals’ blockbuster strategies (Shore, 2012, p. 116). Declining success rates, higher medical expenses per patient, and the need to carry out bigger tests to gratify increasingly strict regulatory barriers cause increases in development costs. Recently printed surveys indicate that the general expenses for an effective medication increased more than twice during the 1990s, reaching $800 million, counting capital expenses (Dubey and Dubey, 2010, p. 182). While R&D is turning out to be less productive, this data is conservative, particularly for extremely competitive blockbuster groups. As a result, rises in development costs could have caused a much more significant blow to blockbuster-driven business models before the 2000s. The deterioration of patent protection contributed significantly to the collapse of blockbuster-driven business models among pharmaceuticals (Rickwood, 2012). Patent challenges included briefer durations of exclusiveness that raised competition from rival commodities that get FDA approval

The Environment and Technology in Feed (responses) Assignment

The Environment and Technology in Feed (responses) - Assignment Example However, on the other, it is causes serious environmental problems such as the destruction of Jefferson Park. When more artificial elements are incorporated into life, the natural elements are apparently forced out. Therefore, Feed just like every other dystopian piece of literature shows how the future might end in apocalypse if necessary actions are not taken immediately. It shows how government uses technology to literally control the minds of people, thus, the story serves as a gentle reminder to make young readers see beyond the truth shown to them. The Teen Ink article as well as the Colson Article provide in depth information regarding the genre of YA dystopia and further exemplify how the genre has shifted throughout time. The latter furthermore identifies that it is the â€Å"courage and vision to begin anew† portrayed through stories of this genre that make it so popular among modern day teens (Colson 2012). Hope is identified as the â€Å"most powerful emotion† in YA dystopia, however, in Feed, Anderson does not seem to portray it too much, as in the end, the rebellious Violet dies and throughout the story her thoughts are always dismissed and no one listens to her (Teen Ink 2014). I completely agree with the plot and themes presented in the novel, however, I believe that Anderson could have inclined a bit more towards hope rather than truth so that his readers could end with a better note of â€Å"uplifting sense of triumph†