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Darwin's Medicine: How Business Models in the Life Sciences Industry are Evolving

Autor Brian D. Smith
en Limba Engleză Paperback – 24 iun 2024
Darwin�€�s Medicine is the sequel to Brian D. Smith�€�s influential and critically acclaimed Future of Pharma (Gower, 2011). Whereas the earlier book predicted the evolution of the pharmaceutical market and the business models of pharmaceutical companies, Darwin�€�s Medicine goes much deeper into the drivers of industry change and how leading pharmaceutical and medical technology companies are adapting their strategies, structures and capabilities in practice.


Through the lens of evolutionary science, Professor Smith explores the speciation of new business models in the Life Sciences Industry. This sophisticated and highly original approach offers insights into:






  • The mechanisms of evolution in this exceptional industry;


  • The six great technological and social shifts that are shaping its landscape;


  • The emergence of 26 distinct, new business models; and


  • The lessons that enable firms to direct and accelerate their own evolution.


These insights map out the industry�€�s complex, changing landscape and provide an invaluable guide to those firms seeking to survive and thrive in this dynamic market.


The book is essential reading for anyone working in or studying the pharmaceutical, medical technology and related sectors. It provides a unique and novel way of making sense of the transformation we can see going on around us and a practical, focused approach to managing a firm�€�s evolutionary trajectory.�€€
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Specificații

ISBN-13: 9781032837079
ISBN-10: 1032837071
Pagini: 296
Dimensiuni: 174 x 246 x 20 mm
Greutate: 0.55 kg
Ediția:1
Editura: Taylor & Francis
Colecția Routledge
Locul publicării:Oxford, United Kingdom

Public țintă

Professional Practice & Development

Notă biografică

Professor Brian D. Smith began his career as a research chemist in a pharmaceutical R&D lab and then spent 20 years in technical and marketing roles before becoming an academic, author and adviser. Working at The University of Hertfordshire and SDA Bocconi, two of Europe's leading business schools, his research focuses on strategy creation and implementation in pharmaceutical and medical technology markets. Brian also runs a specialist consultancy that advises many of the world's largest companies in this sector. He is editor of the Journal of Medical Marketing, has written and co-written three major books, including The Future of Pharma (Gower, 2011), and published many practitioner articles - all of which can be seen at www.pragmedic.com.

Cuprins

 

Part 1: The Future of Pharma - Reprise


1. Introduction and an Invitation to Skip a Chapter


2. An Important Industry at Risk


3. The Best Idea Anyone Has Ever Had


4. The Biologists Got There First


5. Applying Evolutionary Theory to the Pharmaceutical and Medical Technology Sectors


6. Explaining the Industry�€�s Past


7. Predicting the Future of Pharma and Medtech


8. Practical Implications for an Evolving Industry 


9. Watching the Future Unfold


Part 2: An Immeasurably Superior Power


10. Introduction: The Emergent Pressures of Selection


11. Selection Pressures Emerging from the Social Environment


12. Selection Pressures Emerging from the Technological Environment


13. Asking the Right Questions


Part 3: Evolution is Cleverer Than You Are


14. Introduction: Orgel�€�s Second Law


15. Technological Innovator Species Emerging in the Government Payer Habitat


16. Technological Innovator Species Emerging in Patient Payer Habitats


17. Operationally Excellent Species Emerging in the Government Payer Habitat


18. Operationally Excellent Species Emerging in Patient Payer Habitats


19. Customer Intimate Species Emerging in the Government Payer Habitat


20. Customer Intimate Species Emerging in Patient Payer Habitats


21. A Big Bang of Life Science Business Models


Part 4: Guiding the Blind Watchmaker


22. Introduction: From Description to Prescription


23. Which Fitness Peak(s) Should We Climb?


24. What Capabilities Does Our New Business Model Need?


25. How Should We Design a Capable Holobiont?


26. How Do We Build Our Core Capabilities?

Descriere

Darwin�€�s Medicine examines how pharmaceutical, medical technology and other companies are adapting their strategies, structures, capabilities and other aspects of their business model. In this sequel to his successful The Future of Pharma (Gower, 2011), Brian Smith takes a global perspective, reflecting the nature of the industr