Pharmaceutical giant Pfizer could be split up by the end of the year

International Business Times | Dan Cancian 

Ian Read said a decision on whether Pfizer should sell off its lower-margin unit of older products facing generic competition would be taken "no later than the end of 2016", adding the group needed to reduce its tax burden.

The US-based firm and its Irish-headquartered counterpart were set to conclude a £113m ($160m, €140m) merger only to walk away from the proposal after the US Treasury Department unveiled a crackdown on so-called "tax inversion deals", which see a company relocate its legal domicile to a lower-tax country usually while retaining its material operations in its country of origin.

Breaking news: The Pfizer-Allergan deal is off

After the U.S. Treasury Department issued new tax-inversion rules Monday, the two companies decided to walk away, Pfizer said in a statement Wednesday morning.

At $160 billion, it would have been the biggest pharma deal ever. It would have moved Pfizer's official headquarters to Ireland and created the world's largest drugmaker. And, before Treasury stepped in, it would have satisfied Pfizer CEO Ian Read's longtime quest to cut its tax rate with an overseas move.

Because Treasury's new rules qualified as an "adverse tax law change" under their merger agreement, Pfizer's break-up penalty is small: The company agreed to pay Allergan ($AGN) $150 million to reimburse expenses associated with the transaction, Allergan said in a Wednesday morning announcement.

Obviously, the deal's collapse is a disappointment on both sides, but fans of a Pfizer split-up might take consolation in this: The company now plans to decide by year's end whether to break into two separate businesses.

Αρχίζει αύριο η Real time παρακολούθηση των πωλήσεων φαρμάκων από τον ΕΟΦ

Νέες “φωτιές άναψε” στις Φαρμακευτικές Επιχειρήσεις ο ΕΟΦ, ανακοινώνοντας, την αλλαγή της διαδικασίας υποβολής των στοιχείων των πωλήσεων των φαρμακευτικών προϊόντων εντός δύο ημερών!

Προκειμένου να τεθούν “οι φωτιές” υπό έλεγχο και να αποφευχθούν σοβαρά λάθη, η Φαρμακοβιομηχανία ετοιμάζεται, σύμφωνα να ζητήσει παράταση…

Η απόφαση αυτή, που θα επιτρέψει την παρακολούθηση των στοιχείων πωλήσεων των φαρμακευτικών προϊόντων σε πραγματικό χρόνο (real time), καθώς θα πρέπει να υποβάλλονται, μέσω μιας νέας  διαδικτυακής εφαρμογής, το αργότερο εντός 48 ωρών από την έκδοση του σχετικού Τιμολογίου – ∆ελτίου Αποστολής, χαρακτηρίζεται ως θετική από στελέχη της Φαρμακοβιομηχανίας.

How 3D printing will change the pharmaceutical world forever

 Insider | Eugene Borukhovich 

New possibilities in 3D printing may open up a whole new chapter of opportunities for pharmaceutical research and bio-technology applications. There are a number of ways it could be used — drug dosage forms, supporting delivery, or helping to research cures. Let’s explore how that might work.

3D printing has been around for many years; predominantly been used in manufacturing. This type of printing, also called stereolithography, can create almost any object by fusing different materials, layer by layer, to form a physical version of a digital 3D image. Over the past 15 years, 3D printing has expanded into the healthcare industry, where it’s used to create custom prosthetics and dental implants. Now, there may be an opportunity to use it for personalized healthcare as well.

Pharmaceutical drug research and development could be improved drastically by 3D printing. Rather than printing objects made out of plastic or metal, imagine printing pills or human organs and tissue. This would allow companies to test drugs much more safely (and much cheaper). It seems to be within science’s reach — and closer than ever.

Healthcare changes on the horizon

Compared to other sectors, 3D printing technology has played a minor role in healthcare so far. Experts assume that healthcare only accounted for 1.6 percent of all investments made into the $700 million 3D printing industry. However, that number is expected to grow to 21 percent over the next 10 years.

The most influential people in biopharma today

Biopharma is in for a transformational year in 2016. Lawmakers are clamoring for drug price reform. Patients are protesting for faster FDA approvals. Patents are under fire from value-seeking hedge funders. And the industry's least-welcome spokesman is live-streaming the whole thing.

This year, some of the fundamental pillars of the industry suddenly seem vulnerable. The rise of biosimilars is poised to cut into pharma's cash reserves, while the once-reliable demand for biotech IPOs has all but dried up. What makes a drug approvable is the subject of a newly heated debate, while the financial wizardry that once made drug companies a sure bet has come under intense scrutiny.

We've put together a list of the people in and around biopharma who are poised to play major roles in the industry's evolution. Some are recent hires hoping to rescue moribund giants, while others are long-tenured veterans trying to steer their firms into brighter futures.

Each is facing a make-or-break 2016 with wide implications for the drug business as a whole.

Can Ian Read's Pfizer ($PFE) deliver on its big goals after a record-breaking merger? How will John Milligan keep Gilead Sciences ($GILD) rolling when its blockbusters plateau? 

Can Anne Wojcicki complete 23andMe's turnaround? And will Martin Shkreli stay out of prison long enough to start another company?

THE CORPORATE REPUTATION OF THE PHARMACEUTICAL INDUSTRY IN 2015

London, March 10th, 2016. 

This report is based on the findings of a Patient View November 2015-January 2016 survey exploring the views of 1,075 patient groups from 72 countries, and focusing on differing medical specialties. The report provides feedback on the corporate reputation of the pharma industry during 2015, as well as the performance of 48 pharma companies for six key indicators that influence corporate reputation. Results are compared with those of the previous four years.

For the purposes of this report, the phrase ‘corporate reputation’ is defined as the extent to which pharma companies are meeting the expectations of patients and patient groups.

The six indicators of corporate reputation:

1. Patient-centricity.
2. Patient information.
3. Patient safety.
4. Useful products.
5. Transparency; and
6. Integrity

The 48 companies analysed:

AbbVie I Actavis I Allergan I Almirall I Amgen I Astellas Pharma I AstraZeneca I Baxalta I Bayer I Biogen Idec I Boehringer Ingelheim I Bristol-Myers Squibb I Celgene I Chiesi Farmaceutici I Eisai I Eli Lilly (Lilly) I Ferring I Gedeon Richter I Gilead Sciences I Grifols I Grünenthal I GSK I Hospira I Ipsen I Janssen Pharmaceutical Companies of Johnson & Johnson I LEO Pharma I Lundbeck I Mallinckrodt I Menarini I Merck & Co I Merck KGaA I Mylan I Novartis I Novo Nordisk I Octapharma I Otsuka I Pfizer I Roche I Sandoz I Sanofi I Servier I Shire I Stada Arzneimittel I Takeda I Teva I UCB I Valeant I ViiV Healthcare

Teva plots global rebrand as it prepares to join hands with Allergan's generics unit

Teva Pharmaceutical Industries Ltd. announced that it is embarking on a strategic enterprise-wide corporate identity program to build a global brand. This is the manifestation of the journey Teva embarked on two years ago, to differentiate itself based on the unique characteristics of the Company's business model and create a new breed of healthcare company.
Teva, the world's leading producer of medicines, is building on its strong global footprint, size and scale, to reinforce its focus on making these medicines more accessible. The company is taking this opportunity to reaffirm its commitment to placing people at its core to enable as many as possible to live better, healthier days.

Native advertising for pharma: Winning format or slippery slope to regulatory headaches?

FiercePharmaMarketing  | By Beth Snyder Bulik

Did you see that ad? In many cases of native advertising, the answer is no--because people can't always tell what's an ad and what isn't. A study in the December Journal of Advertising found that the majority of consumers can't tell the difference between native advertising and editorial content. As more pharma marketers begin to embrace the format, and as the Federal Trade Commission continues to home in on native advertising for any deceptive practices, the findings are worth noting.

In two different experiments, researchers from Grady College in Georgia found surprisingly low recognition of advertising. In the first, consumers were asked to read two stories, one that was native advertising and the other editorial. The native ads were marked with a variety of labels including "sponsored content," "advertisement," and "presented by" placed in different areas around the page. Overall, fewer than 8%--17 people out of 242--recognized the native advertising as an ad.

LinkedIn emerges as popular marketing tool for pharma

Stephanie Katzman

"Healthcare, overall, and pharma is definitely on the developmental side of the LinkedIn spectrum, if you will, from an advertising perspective," said Stephanie Katzman, LinkedIn's healthcare lead in its Marketing Solutions group. "But over the past three years, we've seen a huge growth in having these companies consider LinkedIn as a channel."

Many drugmakers have taken a first step, usually by setting up a company page where drugmakers can build up followers and create an audience with employees, colleagues and associates. But pharmas are increasingly using LinkedIn for paid sponsorships and advertising. Sponsored updates and InMail campaigns are beginning to move from testing to a repeat marketing strategy among pharmas, Katzman said.

InMail, in which sponsored messages are sent directly to targeted LinkedIn members inboxes, tends to be "safe" for pharma because email bypasses any open comment possibilities, she said. LinkedIn will only send InMail paid messages to a user's account once every 60 days, but Katzman said pharma companies who test InMail more often than not will quickly line up for the next opening.

Across her three and a half years at LinkedIn, she said, in the first year there were just two or three pharma companies using LinkedIn for paid advertising, but the number has grown to about a dozen now.

Προσκήνιο και παρασκήνιο σε εκδήλωση της Πανελλήνιας Ένωσης Φαρμακοβιομηχανίας

Ευχές και συνθήματα ακούστηκαν για τη διαμόρφωση ενός βιώσιμου συστήματος φαρμακευτικής πολιτικής που θα ανταποκρίνεται αποτελεσματικά στις ανάγκες των ασθενών και θα αξιοποιεί τις σημαντικές δυνατότητες της ελληνικής φαρμακοβιομηχανίας. Δεν έλλειψαν όμως και οι  λεκτικές κόντρες μεταξύ των παρευρισκομένων στην κοπή της πίτας της ΠΕΦ στην οποία παραβρέθηκαν πολλοί βουλευτές και εκπροσώποι των κοινοβουλευτικών κομμάτων, εκπρόσωποι επιστημονικών φορέων, συλλόγων ασθενών, δημοσιογράφοι, καθώς και στελέχη των εταιρειών-μελών της Π.Ε.Φ. 

Το προσκήνιο

Την εκδήλωση άνοιξε με ομιλία του ο Πρόεδρος της Πανελλήνιας Ένωσης Φαρμακοβιομηχανίας, κ. Θεόδωρος Τρύφων, ο οποίος αφού ευχαρίστησε τους παρευρισκόμενους για την παρουσία τους στην εκδήλωση, υπογράμμισε για ακόμη μία φορά την ανάγκη συγκρότησης μιας εθνικής πολιτικής φαρμάκου. «Η ελληνική φαρμακοβιομηχανία είναι ένας κλάδος που σύμφωνα με όλες τις μελέτες αποτελεί ελπίδα για το μέλλον. Πρόκειται για τον κλάδο που μπορεί να γίνει η αναπτυξιακή ατμομηχανή της χώρας. Η ελληνική φαρμακευτική βιομηχανία μπορεί να καλύψει ένα μεγάλο μέρος των αναγκών της πρωτοβάθμιας και της νοσοκομειακής περίθαλψης της χώρας μας, με ποιοτικά φάρμακα σε προσιτές τιμές, συμβάλλοντας στην εξοικονόμηση και στη  δημιουργία σημαντικής προστιθεμένης αξίας για την εθνική οικονομία». Ο κ. Τρύφων τόνισε ωστόσο ότι: «η Πολιτεία θα πρέπει να κατανοήσει πως Π.Ε.Φ. αποτελεί τη λύση για να τεθεί άμεσα σε τάξη η φαρμακευτική αγορά και να αποκατασταθούν οι στρεβλώσεις στον τομέα του φαρμάκου, που αποτυπώνονται με δυσβάσταχτα rebate και clawback και με συνεχείς μειώσεις τιμών, οι οποίες έχουν ουσιαστικά ως αποτέλεσμα τη μόχλευση της αγοράς». Κλείνοντας την ομιλία του, ο κ. Τρύφων τόνισε ότι η Ελληνική Φαρμακοβιομηχανία θα εξακολουθήσει να βρίσκεται εδώ, να επενδύει και να αντιστέκεται παρά την παρατεταμένη κρίση, ενώ το ελάχιστο που ζητάει από την Πολιτεία είναι μια υπόσχεση τριετούς σταθερότητας στην φαρμακευτική αγορά.