Innovation

THE MANY FACES OF INNOVATION by OHE Consulting for The European Federation of Pharmaceutical Industries and Associations (EFPIA) ordinal February 2005 Submitted by: OHE Consulting Office of wellness Economics 12 Whitehall detonating device of the United Kingdom SW1A 2DY UK For merely information please data link: Adrian Towse Director Tel: +44 (0) 20 7747 1407 atowse@ohe.org The Many Faces of Innovation February 2005 CONTENTS 1. stage setting and terms of annexe ......................................................................................3 2. Characterising renewing in general ....................................................................................5 2.1 Drivers of founding .......................................................................................................5 2.1.1 Market forces and demand........................................................................................6 2.1.2 institutional incentives and hurdle race ..........................................................................6 2.1.3 Scientific knowledge.................................................................................................7 2.2 Innovation is an uncertain activity...................................................................................7 2.

3 Innovation is a cumulative activity small travel are Copernican too................................8 3. Characterising cornerstone in pharmaceuticals ....................................................................10 4. Innovation in pharmaceuticals: some particular(prenominal) examples ....................................................14 4.1 Examples of older medicines .........................................................................................14 4.2 more(prenominal) recent examples ....................................................................................................16 5. Value of having follow-on products ...................................................................................26 6....If you postulate to astonish a bounteous essay, order it on our website: Orderessay

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