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Pharmaceutical industry overview:
The pharmaceutical industry encompasses companies involved in the research, development, production, and marketing of drugs and medications used for healthcare purposes. It's a vital sector that plays a crucial role in improving global health outcomes by discovering new treatments, vaccines, and therapies for various diseases and medical conditions.
Top 50 Pharma key players across world :
1. Johnson & Johnson: USA, New Brunswick, NJ, Revenue: USD 82.6 billion, Employees: 134,000
2. Roche Holdings AG: Switzerland, Basel, Revenue: USD 63.4 billion, Employees: 98,000
3. Pfizer Inc.: USA, New York, NY, Revenue: USD 53.7 billion, Employees: 78,500
4. Novartis AG: Switzerland, Basel, Revenue: USD 51.9 billion, Employees: 109,000
5. Merck & Co., Inc.: USA, Kenilworth, NJ, Revenue: USD 48.0 billion, Employees: 71,000
6. Sanofi: France, Paris, Revenue: USD 44.7 billion, Employees: 100,000
7. AbbVie Inc.: USA, North Chicago, IL, Revenue: USD 45.8 billion, Employees: 47,000
8. GlaxoSmithKline plc: UK, Brentford, Revenue: USD 44.0 billion, Employees: 99,000
9. Bristol Myers Squibb Company : USA, New York, NY, Revenue: USD 40.8 billion, Employees: 30,000
10. Bayer AG: Germany, Leverkusen, Revenue: USD 39.7 billion, Employees: 103,824
11. AstraZeneca plc: UK, Cambridge, Revenue: USD 31.9 billion, Employees: 74,100
12.Takeda Pharmaceutical Company Limited: Japan, Tokyo, Revenue: USD 30.4 billion, Employees: 50,000
13. Eli Lilly and Company: USA, Indianapolis, IN, Revenue: USD 24.5 billion, Employees: 38,000
14. Boehringer Ingelheim: Germany, Ingelheim, Revenue: USD 23.9 billion, Employees: 51,900
15. CSL Limited: Australia, Parkville, Revenue: USD 22.2 billion, Employees: 27,000
16. Gilead Sciences, Inc.: USA, Foster City, CA, Revenue: USD 22.1 billion, Employees: 13,000
17. Vertex Pharmaceuticals Incorporated: USA, Boston, MA, Revenue: USD 19.0 billion, Employees: 3,300
18. Astellas Pharma Inc.: Japan, Tokyo, Revenue: USD 18.7 billion, Employees: 15,572
19. Daiichi Sankyo Company, Limited: Japan, Tokyo, Revenue: USD 18.1 billion, Employees: 15,742
20. Biogen Inc.: USA, Cambridge, MA, Revenue: USD 17.1 billion, Employees: 9,400
21. Regeneron Pharmaceuticals, Inc.: USA, Tarrytown, NY, Revenue: USD 14.8 billion, Employees: 9,400
22. Incyte Corporation: USA, Wilmington, DE, Revenue: USD 2.3 billion, Employees: 1,800
23. Jazz Pharmaceuticals plc: Ireland, Dublin, Revenue: USD 2.6 billion, Employees: 1,400
24. UCB SA: Belgium, Brussels, Revenue: USD 5.5 billion, Employees: 7,500
25. Mylan N.V., now Viatris Inc.: USA, Canonsburg, PA, Revenue: USD 10.8 billion, Employees: 35,000
26. Eisai Co., Ltd.: Japan, Tokyo, Revenue: USD 10.3 billion, Employees: 10,683
27. Recordati S.P.A.: Italy, Milan, Revenue: USD 1.6 billion, Employees: 4,200
28. Teva Pharmaceutical Industries Limited: Israel, Petah Tikva, Revenue: USD 16.6 billion, Employees: 40,000
29. Amgen Inc.: USA, Thousand Oaks, CA, Revenue: USD 24.2 billion, Employees: 25,000
30. Perrigo Company plc: Ireland, Dublin, Revenue: USD 4.0 billion, Employees: 10,000
31. Alexion Pharmaceuticals, Inc.: USA, Boston, MA, Revenue: USD 5.9 billion, Employees: 3,000
32. Shionogi & Co., Ltd.: Japan, Osaka, Revenue: USD 6.2 billion, Employees: 8,000
33. Ipsen S.A.: France, Paris, Revenue: USD 3.0 billion, Employees: 5,700
34. Kyowa Kirin Co., Ltd.: Japan, Tokyo, Revenue: USD 4.8 billion, Employees: 6,888
35. Sun Pharmaceutical Industries Ltd: India, Mumbai, Revenue: USD 4.3 billion, Employees: 32,000
36. LG Chem Ltd.: South Korea, Seoul, Revenue: USD 31.7 billion, Employees: 29,000
37. Samsung Biologics: South Korea, Incheon, Revenue: USD 1.3 billion, Employees: 2,600
38. Hanmi Pharmaceutical Co., Ltd.: South Korea, Seoul, Revenue: USD 2.0 billion, Employees: 5,000
39. Mitsubishi Tanabe Pharma Corporation: Japan, Osaka, Revenue: USD 4.5 billion, Employees: 7,800
40. Sumitomo Dainippon Pharma Co., Ltd.: Japan, Osaka, Revenue: USD 3.3 billion, Employees: 7,000
41. Kyowa Hakko Kirin Co., Ltd.: Japan, Tokyo, Revenue: USD 3.1 billion, Employees: 7,320
42. Cipla Ltd: India, Mumbai, Revenue: USD 1.8 billion, Employees: 30,000
43. Lupin Limited: India, Mumbai, Revenue: USD 2.1 billion, Employees: 18,000
44. Torrent Pharmaceuticals Limited: India, Ahmedabad, Revenue: USD 1.7 billion, Employees: 14,000
45. Dr. Reddy's Laboratories Ltd: India, Hyderabad, Revenue: USD 2.5 billion, Employees: 22,000
46. Biocon Limited: India, Bangalore, Revenue: USD 1.1 billion, Employees: 11,000
47. Jubilant Life Sciences Limited: India, Noida, Revenue: USD 1.1 billion, Employees: 7,300
48. Cadila Healthcare Limited : India, Ahmedabad, Revenue: USD 1.7 billion, Employees: 25,000
49. Alkem Laboratories Limited: India, Mumbai, Revenue: USD 1.1 billion, Employees: 22,000
50. Wockhardt Limited: India, Mumbai, Revenue: USD 0.4 billion, Employees: 7,000
Top 10 blockbuster molecules in history of pharmaceutical industry :
1. Lipitor (Atorvastatin):
- Company: Pfizer Inc.
- Revenue: Peak sales exceeding $20 billion annually.
- Country: United States.
2. Humira (Adalimumab):
- Company: AbbVie Inc.
- Revenue: Peak sales exceeding $12 billion annually.
- Country: United States.
3. Enbrel (Etanercept):
- Company: Amgen Inc. (originally developed by Immunex, now part of Amgen)
- Revenue: Peak sales exceeding $8 billion annually.
- Country: United States.
4. Rituxan (Rituximab):
- Company: Roche Holding AG (marketed as MabThera outside the United States)
- Revenue: Peak sales exceeding $7 billion annually.
- Country: Switzerland.
5. Remicade (Infliximab):
- Company: Johnson & Johnson (marketed by Janssen Biotech in the U.S.)
- Revenue: Peak sales exceeding $8 billion annually.
- Country: United States.
6. Plavix (Clopidogrel):
- Company: Bristol-Myers Squibb (originally co-marketed with Sanofi)
- Revenue: Peak sales exceeding $9 billion annually.
- Country: United States.
7. Abilify (Aripiprazole):
- Company: Otsuka Pharmaceutical Co., Ltd. (marketed by Bristol-Myers Squibb in the U.S.)
- Revenue: Peak sales exceeding $10 billion annually.
- Country: Japan.
8. Advair/Seretide (Fluticasone/Salmeterol):
- Company: GlaxoSmithKline plc
- Revenue: Peak sales exceeding $8 billion annually.
- Country: United Kingdom.
9. Nexium (Esomeprazole):
- Company: AstraZeneca plc
- Revenue: Peak sales exceeding $6 billion annually.
- Country: United Kingdom.
10. Crestor (Rosuvastatin):
- Company: AstraZeneca plc
- Revenue: Peak sales exceeding $7 billion annually.
- Country: United Kingdom.
These molecules have been among the highest-selling drugs globally, generating substantial revenue for their respective pharmaceutical companies.
History of the pharmaceutical industry :
1. Ancient Times:
The roots of the pharmaceutical industry can be traced back to ancient civilizations such as Mesopotamia, Egypt, China, and India. These early societies developed rudimentary forms of medicine using natural substances like plants, minerals, and animal parts to treat ailments and diseases.
2. Middle Ages:
During the Middle Ages, Islamic scholars made significant advancements in pharmacy and medicine. The establishment of pharmacies, known as "apothecaries," became common in cities across the Islamic world, where pharmacists compounded and dispensed medications.
3. Renaissance and Early Modern Era:
The Renaissance period saw a resurgence of interest in science and medicine in Europe. Pharmacists began to organize into professional guilds, and the practice of pharmacy became more standardized. The printing press allowed for the dissemination of medical knowledge, including pharmacopeias and herbal guides.
4. Industrial Revolution:
The Industrial Revolution brought about significant changes in the pharmaceutical industry. Advances in chemistry led to the isolation and synthesis of active ingredients from natural sources, laying the foundation for modern drug development. Pharmacists started to produce standardized medications on a larger scale, leading to the emergence of pharmaceutical companies.
5. 20th Century:
The 20th century witnessed rapid growth and innovation in the pharmaceutical industry. The discovery of antibiotics, such as penicillin, revolutionized the treatment of bacterial infections. The development of vaccines, hormones, and other essential drugs further expanded the industry's capabilities.
6. Post-World War II Era:
The period following World War II saw a surge in pharmaceutical research and development. Governments, universities, and private companies invested heavily in medical research, leading to breakthroughs in drug discovery and innovation. Regulatory agencies, such as the U.S. Food and Drug Administration (FDA), were established to ensure the safety and efficacy of pharmaceutical products.
7. Biotechnology Revolution:
The late 20th and early 21st centuries witnessed the rise of biotechnology and genetic engineering in pharmaceutical research. Biopharmaceuticals, including recombinant proteins, monoclonal antibodies, and gene therapies, emerged as new classes of drugs for treating various diseases.
8. Globalization and Market Dynamics:
The pharmaceutical industry has become increasingly globalized, with companies operating in multiple countries and markets. Mergers, acquisitions, and strategic alliances have reshaped the industry landscape, leading to the consolidation of large multinational corporations.
9. Challenges and Opportunities:
The pharmaceutical industry faces various challenges, including increasing regulatory scrutiny, rising healthcare costs, patent expirations, and drug pricing controversies. However, it also presents opportunities for innovation, particularly in areas such as personalized medicine, precision therapeutics, and digital health technologies.
Overall, the history of the pharmaceutical industry reflects a continuous quest for new treatments and cures to improve human health and quality of life.
Key aspects of the pharmaceutical industry:
1. Research and Development (R&D):
This is the cornerstone of the industry. Pharmaceutical companies invest heavily in R&D to discover and develop new drugs. This process involves extensive testing, clinical trials, and regulatory approvals.
2. Drug Manufacturing:
Once a drug is developed and approved, pharmaceutical companies manufacture it in large quantities. This involves stringent quality control measures to ensure the safety and efficacy of the products.
3. Regulatory Affairs:
The pharmaceutical industry is heavily regulated by government agencies such as the FDA in the United States, the EMA in Europe, and similar bodies in other regions. These agencies oversee the approval process for new drugs, ensuring they meet safety and efficacy standards before they can be marketed to the public.
4. Marketing and Sales:
Pharmaceutical companies employ sales and marketing teams to promote their products to healthcare professionals, hospitals, and consumers. Direct-to-consumer advertising is also common in some countries.
5. Patents and Intellectual Property:
Patents play a significant role in the pharmaceutical industry by providing companies with exclusive rights to manufacture and sell their drugs for a certain period, typically 20 years. This allows companies to recoup their R&D investments and earn profits.
6. Global Market Dynamics:
The pharmaceutical industry operates on a global scale, with companies competing in international markets. Factors such as pricing, healthcare policies, and patent regulations vary from country to country, impacting the industry's dynamics.
7. Challenges and Opportunities:
The industry faces various challenges, including patent expirations, generic competition, regulatory hurdles, and the high cost of drug development. However, there are also opportunities for growth, such as advances in technology, personalized medicine, and the increasing demand for treatments for chronic diseases and rare conditions.
Overall, the pharmaceutical industry plays a crucial role in advancing medical science and improving public health, but it also faces complex challenges and ethical considerations in balancing profits with social responsibility.
Pharmaceutical industry divided into two broad categories :
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Active Pharmaceutical Ingredient (API)
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Formulations
Active Pharmaceutical Ingredient (API):
- The active pharmaceutical ingredient (API) is the primary component of a medication that produces its therapeutic effects.
- It's the chemical substance responsible for the intended physiological or pharmacological action in the body.
- Natural or Synthetic:
APIs can be derived from natural sources such as plants, animals, or microorganisms, or they can be synthesized in a laboratory.
- Natural sources: For example, morphine, a pain-relieving API, is derived from the opium poppy plant.
- Synthetic: Many APIs are created through chemical synthesis, where specific molecules are built from simpler starting materials in a controlled environment.
- Purity and Potency:
APIs must meet strict standards of purity and potency to ensure safety and efficacy.
Purity: This refers to the degree of absence of impurities or other substances in the API.
Potency: Potency relates to the strength or concentration of the API needed to produce the desired therapeutic effect.
Dosage Forms:
APIs can be formulated into various dosage forms, including tablets, capsules, injectables, and topical creams.
Tablets: APIs are compressed into solid form along with other excipients to create tablets that can be swallowed.
Injectables: APIs are dissolved or suspended in a liquid form for administration via injection.
Topical creams: APIs are combined with ingredients that facilitate application to the skin for localized effects.
Formulation:
- Formulation refers to the process of combining the API with other substances (excipients) to create a final dosage form suitable for administration.
- Excipients are inactive ingredients added to the formulation to improve stability, bioavailability, taste, appearance, or other characteristics of the medication.
Excipients:
Excipients serve various functions in the formulation:
Binder: Holds the ingredients together in tablet or capsule form.
Filler: Adds bulk to the formulation and ensures uniform distribution of the API.
Disintegrant: Promotes the breakup of tablets or capsules in the digestive tract for absorption.
Preservative: Prevents microbial growth and maintains stability during storage.
Flavoring agents: Mask the taste of unpleasant APIs to improve patient adherence.
Packaging and Delivery:
Formulations are packaged in containers designed to protect the medication from environmental factors such as light, moisture, and oxygen.
Different delivery methods are used based on the dosage form and route of administration, such as oral, topical, injectable, or inhalation.
Regulatory Compliance:
Formulations must adhere to regulatory requirements regarding safety, efficacy, quality, and labeling before they can be marketed.
Regulatory agencies such as the FDA in the United States and the EMA in Europe review formulations to ensure compliance with stringent standards.
In summary, while the API is the active ingredient responsible for the therapeutic effect of a medication, formulation involves combining the API with excipients to create a safe, effective, and stable dosage form for administration.
Key Stages of pharmaceutical development :
1. API Development:
Research and Discovery: Scientists identify potential APIs through research, either by isolating compounds from natural sources or by synthesizing them in the laboratory.
Preclinical Testing: Initial testing of APIs is conducted in laboratory and animal studies to assess safety, efficacy, and pharmacological properties.
Clinical Development: Promising APIs move into clinical trials, where they are tested in human volunteers to evaluate safety, efficacy, dosing, and potential side effects.
2. Formulation Development:
Excipient Selection:
Excipients, which are inactive ingredients, are chosen based on their compatibility with the API and their ability to enhance stability, bioavailability, and patient acceptability.
Dosage Form Design:
Formulation scientists design the dosage form (e.g., tablets, capsules, injections) and determine the optimal composition and manufacturing process.
Pre-formulation Studies:
Physical and chemical properties of the API are studied to understand its behavior and stability under various conditions.
3. Analytical Method Development:
Quality Control:
Analytical methods are developed to ensure the quality, purity, and potency of both the API and the final formulation.
Validation:
Methods are validated to demonstrate accuracy, precision, specificity, and robustness in analyzing APIs and formulations.
4. Clinical Trials:
Phase I: Small-scale trials in healthy volunteers to assess safety, dosage, and pharmacokinetics.
Phase II: Expanded trials in patients to evaluate efficacy and further assess safety.
Phase III: Large-scale trials in diverse patient populations to confirm efficacy, safety, and dosage.
5. Regulatory Submission and Approval:
New Drug Application (NDA): A comprehensive dossier containing data from preclinical and clinical studies, as well as information on manufacturing processes and quality control, is submitted to regulatory agencies (e.g., FDA, EMA) for review.
Regulatory Review: Regulatory agencies evaluate the submitted data to assess the drug's safety, efficacy, and quality before granting approval for commercialization.
6. Manufacturing and Scale-up:
Process Optimization: Manufacturing processes are optimized to ensure consistent quality and efficiency.
Scale-up: Production is scaled up from laboratory-scale to commercial-scale manufacturing.
Good Manufacturing Practices (GMP): Manufacturing facilities adhere to GMP regulations to ensure product quality and compliance with regulatory standards.
7. Commercial Launch:
Market Access: Marketing strategies are developed to promote the product and secure market access.
Distribution: Distribution networks are established to ensure the product reaches healthcare providers and patients efficiently.
Launch Campaign: Launch activities may include educational initiatives, promotional materials, and engagement with key stakeholders.
8. Post-Market Surveillance:
Pharmacovigilance: Ongoing monitoring of the drug's safety profile and detection of adverse events.
Quality Assurance: Continual monitoring of product quality and compliance with regulatory requirements.
Labeling Updates: Product labeling may be updated based on new safety information or changes in clinical practice.
9. Patient Access and Adherence:
Patient Education: Educational materials are provided to inform patients about the medication, its proper use, and potential side effects.
Patient Assistance Programs: Programs may be implemented to help patients afford the medication and overcome barriers to access.
Adherence Monitoring: Strategies are employed to encourage patient adherence to prescribed treatment regimens.
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