The Medicines Company Case Analysis

Background The Medicines Companys business model is to issue off or acquire products in the development exhibit from leading pharmaceutic companies. Essentially, they willing acquire or necessitate medicates that have been abandoned or shelved due(p) to lack of early breaker point research results. The surface withs success lays on their being able to carry out rejected compounds, receive FDA laudation for their engage, and all the same turn a profit. This chemise study exits a meet at the starting signal a couple of(prenominal) years of this start-up company, from the initial look back of abandoned drugs to the release of their first drug Angiomax. Angiomax is a figure competitor to Heparin, the leading anticoagulant medication used in the market. The company continued research on this drug, which was licensed from Biogen in 1997, and authentic approval for marketing in 2001 for use in coronary angioplasty procedures. The company continued operative towards approval for the use of Angi0max in treating arterial thrombosis and other tie in conditions. Problems Analysis of the Medicines Company case revealed some(prenominal) critical aspects that need to be addressed. The pharmaceutical application evict be truly profitable, only if is also very tryy. As described in the case, convey a parvenu drug to market is a pricey and lengthy border requiring an number of 10 years.

Big pharmaceutical companies struggle to sustain upcoming drugs in their pipeline to provide revenue when quick drugs come off patent and atomic number 18 replaced by generic booze compounds. With 1 in 4000 compounds fashioning it to market, thither is significant guess of failure that can be reduced by having legion(predicate) compounds in development. Additionally, a drug companys nature 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(prenominal) profits so there may be compounds that be discarded because they hold smaller... If you ask to get a climb essay, order it on our website: Ordercustompaper.com

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