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The Pharmaceutical Industry

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Industry introduction Opportunity How to get into this industry ?

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Major Multinational Corporations

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Brand-name drug vs. Generic drug Brand-name drug ( ) Newly developed Under patent protection Generic drug ( ) Chemically identical to the brand-name drug Can start selling after the patent expires Also requires FDA approval Lower cost & Lower price Ex. Brand-name: Tylenol Generic name: Acetaminophen

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Prescription drugs vs. OTC Over-the counter drugs (OTC) Do NOT require a doctor's prescription Prescription drugs Requires a doctors prescription

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Eli Lilly & Company NEUROSCIENCE DIABETES ONCOLOGY BONE MUSCLE JOINT CARDIOVASCULAR MEN'S HEALTH

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Research and Development Patent Protection: 20 years (Have to apply at very early stage of R&D) Average length of time from discovery to patient: 10 to 15 years Average cost to discover and develop a new drug: $800 million to $1.2 billion Video: http://www.youtube.com/watch?v=d9ouk_46xA8http://www.youtube.com/watch?v=d9ouk_46xA8

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Industry Characteristics Highly regulated by regulatory authorizes (ex. FDA, EMEA) R&D is crucial: Speed of Innovation Reduce timeframe of development extend time of selling under patent protection Be the First in market! Ex. Viagra (Pfizer) vs. Cialis (Eli Lilly) Pipeline The set of compounds under development An important indicator of the value and future prospects of a company http://www.lilly.com/SiteCollectionDocuments/Pipeline/Clinical%20Development%20Pipeline/index.h tml http://www.merck.com/research/pipeline/home.html What to do when running out of pipelines? M&A? Invest more in R&D? Patent

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Taiwan Market Pharmaceutical Industry market scale: 3.8 billion USD 1% of global total market scale

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Taiwan Market - Top 5 local players 1. Yung Shin Pharm. IND.CO. LTD 2. Gentle Pharm 3. TTY Biopharm 4. Standard Chem & Pharm Co., LTD. 5. Synmosa Biopharma Corporation

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Opportunity We not only selling drugs, we save lives!

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Opportunity Pharmaceutical company organization Possible opportunity Primary care - CV and AIR Specialty care - Oncology - HIV - ID - V & WM Medical - RA -MA - CO Supporting group: FA, HR, PR, IT, PR and SMS

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Source: http://drdianehamilton.wordpress.com/2011/10/27/job-outlook-for-college-grads-in-2011/

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Clinical Research Associate

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Monthly Calendar

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Working as a CRA Experience sharing - TRACER CASE - Oncology Trial Love LifeLove Life The truth about the drug company

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Thanks for your attention!