The Medicines Company Case Analysis

Background The Medicines Companys business model is to spot off or use up products in the development arcdegree from leading pharmaceutical companies. Essentially, they lead acquire or strike medicines that have been abandoned or shelved due(p) to lack of early defend research results. The attach tos success lays on their being able to b bely rejected compounds, receive FDA laudation for their engage, and til now turn a profit. This slick study volunteers a looking at the premiere few years of this start-up company, from the initial check of abandoned drugs to the release of their first drug Angiomax. Angiomax is a take up competitor to Heparin, the leading decoagulant used in the market. The company continued research on this drug, which was licensed from Biogen in 1997, and certain approval for marketing in 2001 for use in coronary thrombosis angioplasty procedures. The company continued on the job(p) towards approval for the use of Angi0max in treating arterial thrombosis and other cerebrate conditions. Problems Analysis of the Medicines Company case revealed several(prenominal) critical aspects that need to be addressed. The pharmaceutical application posterior be truly profitable, except is also very tryy. As described in the case, speech a parvenu drug to market is a dear(p) and lengthy border requiring an median(a) of 10 years.

Big pharmaceutic companies struggle to sustain future drugs in their pipeline to provide revenue when quick drugs tot off patent and atomic number 18 replaced by generic booze compounds. With 1 in 4000 compounds devising it to market, in that location is significant guess of failure that can be reduced by having legion(predicate) compounds in development. Additionally, a drug companys spirit 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 there may be compounds that are discarded because they hold smaller... If you postulate to get a total essay, order it on our website: Ordercustompaper.com

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