Outsourcing of R&D in the Pharmaceutical Industry: From Conceptualization to Implementation of the Strategic Sourcing Process

Cover......Page 1
Contents......Page 6
List of Tables......Page 9
List of Figures......Page 10
List of Abbreviations......Page 11
Acknowledgements......Page 12
Preface......Page 13
Introduction......Page 14
1.1 Foundations of the modern pharmaceutical industry......Page 18
1.2 Characteristic features of the pharmaceutical industry......Page 22
1.3 The pharmaceutical industry in the European Union......Page 29
1.3.2 Healthcare expenditure......Page 30
1.3.3 Pricing and reimbursement......Page 31
1.3.4 Demand characteristics......Page 32
1.3.6 Future opportunities and threats......Page 33
1.4.1 Market size......Page 34
1.4.2 The regulatory regime......Page 35
1.4.3 Prescribed pharmaceuticals......Page 36
1.4.5 Future opportunities and threats......Page 38
1.5 The American pharmaceutical industry......Page 39
1.5.1 The retail market......Page 40
1.5.3 The clinical market......Page 42
1.5.4 Future opportunities and threats......Page 43
2.1 The operating environment of the pharmaceutical industry......Page 47
2.1.1 Barriers to entry in the pharmaceutical industry......Page 48
2.1.2 Bargaining power of buyers in the pharmaceutical industry......Page 50
2.1.3 Threat of substitute products in the pharmaceutical industry......Page 52
2.1.4 Bargaining power of suppliers in the pharmaceutical industry......Page 53
2.1.5 Intensity of rivalry in the pharmaceutical industry......Page 55
2.2.1 Political forces......Page 57
2.2.2 Economic forces......Page 59
2.2.3 Social forces......Page 60
2.3 Implications for business......Page 61
2.4 The changing nature of the pharmaceutical market......Page 64
3.1 The structure of the pharmaceutical industry......Page 69
3.2.1 Re-engineering strategies......Page 71
3.2.2 Reshaping strategies......Page 73
3.2.3 Strategies for research and development......Page 74
3.2.4 Mergers and acquisitions......Page 76
3.3 The biotechnology revolution......Page 81
3.4 Collaboration in the pharmaceutical industry......Page 84
3.4.1 Rationale for collaboration......Page 85
3.4.2 External challenges and internal needs......Page 86
3.4.4 Characteristics of the different forms of collaboration......Page 89
3.5 Strategies of collaboration: implications for the industry......Page 91
4.1 Pharmaceutical research: a definition......Page 99
4.2 The research and development process......Page 101
4.2.1 Differentiating between research and development......Page 105
4.2.2 Forms of collaborative agreements in R&D......Page 107
4.3 The core competency framework......Page 108
4.3.1 Identifying core competencies......Page 109
4.3.2 Identifying core competencies in relation to pharmaceuticals......Page 111
4.4 Appraising the sourcing decision......Page 114
5.1 An introduction to strategic outsourcing......Page 126
5.1.1 Towards a definition of outsourcing......Page 128
5.1.2 Rational for outsourcing......Page 130
5.2 Outsourcing research and development activities......Page 132
5.2.1 Outsourcing research activities......Page 133
5.2.2 Outsourcing development activities......Page 140
5.3 The advantages and disadvantages of an outsourcing strategy......Page 142
5.3.1 The advantages of an outsourcing strategy......Page 143
5.3.2 The disadvantages of an outsourcing strategy......Page 146
5.3.3 The effect of outsourcing on organisational behaviour......Page 149
5.4 Outsourcing: implications for the pharmaceutical industry......Page 150
5.4.1 Changing R&D management practices......Page 151
6 Guide to Strategic Outsourcing and Partnership Management......Page 159
6.1 Changing competencies in the pharmaceutical industry......Page 160
6.2 The strategic sourcing model......Page 161
6.3 Summary of critical success factors......Page 180
Conclusions......Page 186
Bibliography......Page 192
G......Page 203
P......Page 204
Z......Page 205