The Medicines Company Case Analysis

Background The Medicines participations business model is to fuck off or lease products in the development stage from leading pharmaceutical companies. Essentially, they will acquire or lease drugs that have been cast out or shelved due(p) to lack of early stage research results. The companys mastery lays on their being able to save rejected compounds, cod FDA laudation for their engage, and still turn a profit. This pillowcase study provides a look at the first few years of this start-up company, from the initial review of abandoned drugs to the release of their first drug Angiomax. Angiomax is a direct competitor to Heparin, the leading anticoagulant economic consumptiond in the market. The company continued research on this drug, which was licensed from Biogen in 1997, and received approval for marketing in 2001 for use in coronary angioplasty procedures. The company continued working towards approval for the use of Angi0max in treating arterial thrombosis and other related conditions. Problems Analysis of the Medicines Company case revealed several critical aspects that need to be addressed. The pharmaceutical application quite a little be truly profitable, but is also very tryy. As described in the case, bringing a parvenu drug to market is a costly and extended border requiring an average of 10 years.

Big Pharmaceutical companies skin to sustain upcoming drugs in their pipeline to provide tax income when quick drugs come off patent and are replaced by generic wine compounds. With 1 in 4000 compounds making it to market, thither is significant risk of f ailure that can be cut by having legion(pr! edicate) compounds in development. Additionally, a drug companys reputation can slowly be tarnished by safety issues with a compound, dramatically affect their sales. Large pharmaceutical companies tend to focus on blockbuster drugs to light upon more profits so in that respect may be compounds that are discarded because they hold smaller... If you requirement to get a full essay, order it on our website: BestEssayCheap.com

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