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Any positive effect on the pharmaceutical industry derived from the G20 summit and European Union summit will be indirect and much of the direct healthcare spending increase will cover the cost of cheaper generics accessed through publically funded programs. Furthermore, emerging markets previously targeted to drive revenue growth face potentially crippling consequences from the downturn.
Historically, pharmaceutical companies have faced a number of major challenges, both internally and externally, which have shaped the industry as it exists today. Ongoing issues include the declining efficiency of internal R&D processes, together with growing competition from both branded and generic players in increasingly crowded markets, ultimately resulting in fierce price competition. Heightened…
We have all heard the doom and gloom regarding the financial markets/ credit crunch/ recession. It’s pretty hard to escape it. The high earning bankers are jobless and the face of our high street is changing with high profile collapses of organisations including Woolworths, the Officers Club, MFI and Barretts.
We have all heard the doom and gloom regarding the financial markets/ credit crunch/ recession. It’s pretty hard to escape it. The high earning bankers are jobless and the face of our high street is changing with high profile collapses of organisations including Woolworths, the Officers Club, MFI and Barretts. It’s official, we are in a recession and according to the Office of National Statistics, UK unemployment had risen to 1.92 million in the last quarter of 2008 - the highest le…
It is perhaps fitting, if not entirely coincidental, that the month that we chose to focus on the important areas of the central nervous system and pain, also coincides with Multiple Sclerosis Awareness Month.
It is perhaps fitting, if not entirely coincidental, that the month that we chose to focus on the important areas of the central nervous system and pain, also coincides with Multiple Sclerosis Awareness Month. Backed by the Multiple Sclerosis Association of America, the MS awareness month invites both an awareness of the debilitating nature of the disease, alongside an effort to increase worldwide government and NGO funding for the study and treatment of the condition. For that reason, this article will focus primarily on the important new strides in that area. The central nervous sy…
20 minutes preparation can make all the difference! People don’t interview everyday! Lets face it, its not always easy. The purpose of this short article is to help you prepare fully for your interview.
“Lets make sure you have all the help you need, so you can claim what’s rightfully yours!” The most important thing to remember about an interview is that it is a two-way relationship. You want the job and the interviewer wants to fill the position. Remember, you are both individuals, even though the interviewer is backed by a large organisation – he/she is not there to embarrass you, but to evaluate your strengths and weaknesses, skills and qualifications and ability to do the job. You’re both individuals – Stay relaxed! 1. What do you know about us? Normally one of the first quest…
Much has been written on how to produce a good CV so in this article, I will give you an insight as to how a recruiter uses a CV during the recruitment process.
Despite the many hours’ work involved in pulling together a good CV, you may be surprised to learn that most recruiters spend only a few minutes scanning each CV before making a decision regarding your application. The main purpose of your CV is to generate sufficient interest to gain an interview. It should make the reader keen to meet you. Your CV must, therefore, be accessible and relevant. It needs to be attractive, but not too elaborate, and designed to meet potential employers’ needs. Your CV must show what you have to offer – your skills – and how you have benefited other organisations in the past – your achievements. It is…
Job satisfaction is an attitude that employees have about their work and is based on numerous factors, both intrinsic and extrinsic to the individual. Job satisfaction is important from the perspective of maintaining and retaining the appropriate employees within the organization; it is about fitting the right person to the right job in the right culture and keeping them satisfied.1,2
Today's business environment is characterized by weak economies, rapidly changing technology, organizational re-engineering, shortened length of tenure, and outsourcing of peripheral business activities. The pharmaceutical industry is reflective of this environment. Under these circumstances, managers should concentrate on removing sources of dissatisfaction from the workplace in order to keep employees busy…
Job satisfaction is an attitude that employees have about their work and is based on numerous factors, both intrinsic and extrinsic to the individual. Job satisfaction is important from the perspective of maintaining and retaining the appropriate employees within the organization; it is about fitting the right person to the right job in the right culture and keeping them satisfied.
Job satisfaction is an attitude that employees have about their work and is based on numerous factors, both intrinsic and extrinsic to the individual. Job satisfaction is important from the perspective of maintaining and retaining the appropriate employees within the organization; it is about fitting the right person to the right job in the right culture and keeping them satisfied. 1,2Today's business environment…
Paul Hartigan reports from the Financial Times Pharmaceutical Conference: London December 2nd and 3rd 2008
At the Financial Times Pharmaceutical Conference, David Brennan, CEO of AstraZeneca, gave the key note address , and issued what might be seen as a warning for those that see Big Pharma as a counter-cyclical safe-haven for investors, saying that it's true people need healthcare regardless of the economy," the economic recession will be " And the evidence is there that Big Pharma is imbibing some cost cutting medicine, with most of the major players reducing sales and marketing expenses, quite often through cuts in the sales force. But it could also be that the massive spend on DTC advertising (which is legal only in the USA and New Zealand will also see some diminution). According to…
‘More universities should provide courses that offer hands-on experience to better prepare their students.’ This is the response from the Head of Cranfield Health, Professor Joe Lunec, after a report claimed that those leaving universities lacked the required knowledge and skills to progress in the UK’s pharmaceutical industry.
The report released by the ABPI (The Association of British Pharmaceutical Industry) earlier this month suggested that the industry was at ‘tipping point’ due to those entering it not having enough laboratory or practical real-life experience. It also stated that the knowledge of research and development into new medicines was limited and highlighted a deficiency of skills in the critical subjects which support translational medicine leading to research trials in pat…
Our eMarketing team at PharmiWeb Solutions often works with pharma brand teams to find new ways to reach healthcare professionals with news of the latest product or initiative. And sometimes, it can be challenging, with all of the pressures and time constraints that the average primary care practice faces.
But surely it must be easier for patients? Well, we thought so too, until we came across this recent news story that may be the start of an alarming trend. According to veritable news source Newsbiscuit.com, Moira Braithwaite, 52, of Dorking, Surrey, UK is celebrating her ninth successive Receptionist of the Month Award after preventing over 35,000 patients getting an appointment within 48 hours during the month of September alone. Click here to find out more. Let us know if you’ve come a…
The UK’s success as a global centre of biomedical excellence is under threat in the long-term. A new report by the Association of the British Pharmaceutical Industry (ABPI) has highlighted serious concerns about the supply of skills that support the research and development of new medicines.
The report, Skills Needs for Biomedical Research: creating the pools of talent to win the innovation race, reveals that British students are lacking the core laboratory and mathematical skills for research and there is a deficit in the supply of critical subjects to support translational medicine - the process by which early research is translated into candidate medicines that can be tested on patients. Skills Needs for Biomedical Research is a follow up to the 2005 report by the ABPI, Sustaining The Sk…
The ever-evolving healthcare industry has very few constants, and the pharmaceutical sales industry is just another piece of the puzzle that is in the middle of a major transformation. For multinationals, eager to sell their drugs in different countries, juggling between scores of different languages and different laws has always proved to be a major dampener.
 Enter the medical sales representative, whose job does not entail just doling out drugs anymore. Sales reps have to understand the finer nuances of similar medications, and be able to succinctly explain the pros and cons of each option to demanding patients and health-care providers, in their preferred language. With mergers and alliances hitting an all-time high in the pharma sector, the effectiveness of the sales force can mak…
The pharmaceutical industry has often been described as counter-recessionary, the broad logic being that people will always get sick, and hence there will be a continuous demand for drugs. And whilst this may be true at a surface level, a more granular analysis would reveal dissimilarities between different segments of the industry
The pharmaceutical industry has often been described as counter-recessionary, the broad logic being that people will always get sick, and hence there will be a continuous demand for drugs. And whilst this may be true at a surface level, a more granular analysis would reveal dissimilarities between different segments of the industry – for example between the major ‘Ethicals’ (the providers of branded, blockbusters and the newest treatments) and the ‘Generics’ (man…
- Examination of the UK, US and European regional markets for prescription pharmaceuticals 2008 -
 The importance of the Wholesale & Distribution sector of the pharmaceutical industry is often overlooked, but with the EU alone boasting some 3,000 pharmaceutical manufacturers producing some 50,000 products for 130,000 retail outlets, the supporting network provided by the wholesale distributor is essential to the healthcare industry. Visiongain believes that this sector of the industry is facing crisis, with the increasing use of the internet for direct sales, government imposed pricing controls in Europe and the proposed change in US re-importation law, the industry has been forced to re-assess many standard operational procedures. Visiongain further finds that The Wholesale an…
Parkinson's is a progressive neurological condition affecting movements such as walking, talking, and writing. It is named after Dr. James Parkinson (1755-1824), the London doctor who first identified Parkinson's as a specific condition.
Parkinson's occurs as result of a loss of nerve cells in the part of the brain known as the substantia nigra. These cells are responsible for producing a chemical known as dopamine, which allows messages to be sent to the parts of the brain that co-ordinate movement. With the depletion of dopamine-producing cells, these parts of the brain are unable to function normally. The main symptoms of Parkinson's can also be symptoms of other disorders. Conditions that produce these symptoms are known collectively as parkinsonism. Parkinson's is the most common f…
With these increasing pressures upon the pharmaceuticals industry, it has never been more important to formulate an accurately informed pricing strategy
Examining HE strategies and requirements in major markets and producing an effective pricing policy - 30th September/1st October 2008, BSG House, London, UK - Now in its seventh year, The Annual Pricing & Reimbursement conference will provide you with the information and analysis you need to understand the dynamics of the market and create an effective pricing policy for both the forthcoming year and subsequent strategic development. This 2-day event will assist in better planning and marketing strategy and enable you to share your insights on this evolving industry issue. Key Industry Speakers Include - Anne-Toni Rodgers, Dire…
Cimzia (certolizumab pegol) is the first and so far, only, PEGylated, Fc-Free, anti-tumour necrosis factor (TNF) alpha treatment in development for rheumatoid arthritis. Data presented at the Annual European Rheumatology Congress (EULAR) suggest that, in combination with methotrexate, Cimzia acts fast to significantly suppress disease activity, prevent structural damage to joints, preserve physical function and help patients continue working productively.
Certolizumab pegol (Cimzia) is a PEGylated Fc-free anti-TNF alpha agent, administered subcutaneously, and currently licensed in the US and Switzerland for treatment of Crohn’s Disease. By not having the Fc region present in conventional anti-TNFs, Cimzia retains the potency of anti-TNFs without the possible cytotoxicity mediated by Fc. In…
A great summary of points to remember when writing your job application covering letter. The main purpose of a covering letter is to present your CV in support of your job application. This may be obvious, but it’s surprising how many people appear to think that a covering letter needs to be long and complicated and somehow justify its own existence..
The main purpose of a covering letter is to present your CV in support of your job application. This may be obvious, but it’s surprising how many people appear to think that a covering letter needs to be long and complicated and somehow justify its own existence.. They create a covering letter which repeats all the information in the CV only in different words. In fact, a covering letter needs to be quite short and certainly never more than o…
10 simple points to remember when writing a great CV. Your CV is the first point of contact between you and a prospective new employer. It is unlikely that the reader will know anything about you except what’s in the CV – so try to see it from their perspective.
1. Remember the purpose of the CV Your CV is the first point of contact between you and a prospective new employer. It is unlikely that the reader will know anything about you except what’s in the CV – so try to see it from their perspective. Make sure the employer understands what you have to offer and how you could be an asset to their organisation. 2. Make sure it’s easy to understand When you use your CV in support of a job application it will usually arrive along with a large number of others. The person reading it will only a…
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