While world economy under the threat of bird flu crisis. Swiss pharmauceutical manufacturing company Roche, with it only drug that able to provide the best defense in the initial phases of any global influenza pandemic call Tamiflu gain limelight recently. The other drug manufacture by UK Glaxo Smith Kline call Relenza, said to be expensive and have storage difficulties, thus not popular among respective government.
Roche have 6 R&D centre worldwide and operate in over 100 country, is a multinational operate in biotechnology industry. A lot of pharmaucuetical company face the problem of copyright due for expires soon. Roche most prifitable drug, however, is just at the beginning of it lifecycle. Other than Tamiflu, Rocje also own the largest copyright on anti cancel drug in the world.
US company Gilead is the inventor of Tamiflu and it license Roche to produce the drug in exchange to Royalty.
Roche founded in 1898, has a reputation of inventing new drug via R&D. Initially, it manufature Sirolin syrup. In 1930, it produce world first Vitamin C.
Prior to 1999, Roche was the largest Vitamin manufacturer. However, they have been accused of violating Monapoly regulation and has been taken to court and fine 462million Euro in 1999.
At that point of time Vitamin division contribute more than 50% of it turnover. It is a consumer orientated product and facing price fluatuation problem. In 2002, Roche divest it Vitamin and few other division. Remaining only two division: Pharmaceutical and Diagnostics.
Roche spend more than 15% of it turnover on R&D after that. Now, most of the top ten performance drug in Roche are new drug. It also acquired a few medical equipment manufacturer and become world largest medical equipment producer.
Roche also apply growth via M&A. It has acquired Genentech in US and Chugai in Japan. Genetech is the first US biotechnology company that listed on Nasdaq while Chugai is the leading biotechnology company in Japan.
Roche also made strategic alliance, joint venture with other small parmaceutical company.
Technorati Tag: Biotechnology pharmaceutical Bird flu Tamiflu Health & wellness
1 comment:
Hi, This is a wonderful blog it’s amazing and helpful, i want to see more blog to know more about other things like this because this blog gives me a lot of information, knowledge. And if you are interested or in need in IT Services like singapore pay per click packages and other services free to visit us Azaza Biz Solutions Services and give us a call.
Post a Comment