scholarly journals Shaking Up Biotech/Pharma: Can Cues Be Taken from the Tech Industry?

2017 ◽  
Vol 22 (3) ◽  
pp. 233-236 ◽  
Author(s):  
C. Katherine Wang

The biotech and pharma (biotech/pharma) industry is in dire need of finding ways to increase efficacy, efficiency, and affordability of its products. The information and technology industry (“tech”) industry, which is an industry similarly founded on inventions and innovation, may provide some food for thought. This perspective will demonstrate the shift that biotech/pharma is already making and will propose that the industry has an opportunity to compel change by adopting some aspects of the tech industry with regards to models for technology/product development and leadership attributes.

2012 ◽  
Vol 10 (2) ◽  
pp. 95-103 ◽  
Author(s):  
Juliana Sayuri Kurumoto ◽  
Maicon Gouvea Oliveira ◽  
Daniel Capaldo Amaral

The technology industry is dominated by major international companies, but there are also many SMEs, SBEs, and micro-companies operating effectively in this industry sector. Maintaining innovation is a key challenge, especially for the small players in this market, and technology transfer to develop new products and services is particularly challenging. This chapter examines four technology transfer projects in small software companies, three of which focused on new product development, and the fourth on a new service provision. All four projects were generally well managed, but effecting this degree of change requires more than good management, especially in such small companies. It is not surprising that some of these projects failed to achieve their objectives in the mid-term.


2018 ◽  
Author(s):  
Rahi Jain ◽  
Padma Venkatasubramanian

Ayurveda is a traditional medical system of the Indian sub-continent, catering to healthcare of millions of people in India. In today’s times, Ayurveda requires scaled-up production and scientifically proven products. This in turn requires trans-disciplinary methodologies for product development that can leverage the existing knowledge in both Ayurveda and modern science and technology. Product Development in general has two steps, research and development (R&D) and manufacturing. Among the two, unlike in allopathic drugs, R&D in Ayurveda for new product development is in its nascent stage, lacking adequate references on modern methodologies. Such references are important in particular to new comers in the sector. The scope of this paper is to provide a write-up of the Ayurvedic processes and to propose a guideline for Ayurvedic product development that can be used for R&D. The methodology proposed was arrived at by referring selected classical Ayurveda texts and interacting with traditional and modern bio-medicine experts at the Trans-disciplinary University, Bengaluru, Karnataka, India. The study documents three components in Ayurvedic product development namely product formulation-identification, product formulation-preparation and product formulation-validation which can be used to design the Ayurvedic product development methodology. The study also provides the role of different stakeholders in the Ayurvedic product development process. The study provides a methodology to design new Ayurvedic products before being taken up for manufacturing.


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