Read Blockbuster Drugs The Rise and Decline of the Pharmaceutical Industry

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For the world's largest prescription drug manufacturers, the last few years have been a harrowing time. Recently, Pfizer's Lipitor, GlaxoSmithKline's Advair, AstraZeneca's Seroquel, and Sanofi-Aventis and Bristol-Myers Squibb's Plavix all came off patent in the crucial U.S. market. This so-called "patent cliff" meant hundreds of billions of dollars in lost revenue and has pharmaceutical developers scrambling to create new drugs and litigating to extend current patent protections.Having spent most of his career in drug discovery in "big pharma," Dr. Li now delivers an insider's account of how the drug industry ascended to its plateau and explores the nature of the turmoil it faces in the coming years. He begins with a survey of the landscape before "blockbuster drugs," and proceeds to describe how those drugs were discovered and subsequently became integral to the business models of large pharmaceutical companies. For example, in early 1980s, Tagamet, the first "blockbuster drug," transformed a minor Philadelphia-based drug maker named SmithKline French into the world's ninth-largest pharmaceutical company in terms of sales. The project that delivered Tagamet was nearly terminated several times because research efforts begun in 1964 produced no apparent results within the first eleven years. Similar stories accompany the discovery and development of now-ubiquitous prescription drugs, among them Claritin, Prilosec, Nexium, Plavix, and Ambien.These stories, and the facets of the pharmaceutical industry that they reveal, can teach us valuable lessons and reveal many crucial aspects about the future landscape of drug discovery. As always, Dr. Li writes in a readable style and intersperses fascinating stories of scientific discovery with engaging human drama. Pharmaceutical News And Information - InternetDrugNewscom Pharmaceutical News And Information Updated Daily Since 1998 Business News Personal Finance and Money News - ABC News Find the latest business news on Wall Street jobs and the economy the housing market personal finance and money investments and much more on ABC News RAPS Regulatory Affairs Professionals Society RAPS and Regulatory RAPS is the largest global organization of and for those involved with the regulation of healthcare and related products including medical Outlook 2018: The Current and Future Direction of the The global pharmaceutical industry is facing moderate growth over the next five years marked by a rebound in US pharmaceutical growth and strong but slower growth Today's Stock Market News and Analysis - Nasdaqcom Please note that once you make your selection it will apply to all future visits to NASDAQcom If at any time you are interested in reverting to our default Drug Makers Raising Prices Before Reform - The New York Times Even as drug makers promise to support Washingtons health care overhaul by shaving $8 billion a year off the nations drug costs after the legislation Big Pharma criminality no longer a conspiracy theory (NaturalNews) Those of us who have long been describing the pharmaceutical industry as a "criminal racket" over the last few years have been wholly vindicated by FierceBiotech - Biotech Industry Biotech News Read the latest biotechnology articles on biotech industry leaders emerging biotech companies FDA decisions VC deals and other biotech industry news NewsNow: AstraZeneca news Breaking News & Search 24/7 This site uses cookies To see how read our Privacy and Cookie Notice If you disagree with our use of cookies please navigate away Pharm Exec's 2017 Pipeline Report Pharmaceutical Executive State of Alzheimers The most anticipated upcoming data dump across the entire industry could be for Eli Lillys solanezumab in Alzheimers disease (AD)
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