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Pharmacodiagnostics: Technologies,
Competition, and Market Models examines the
reasons why the business environment of pharmaceuticals is
changing in favor of pharmacodiagnostics, or theranostics,
and describes market models that are likely to emerge as
the pharmaceutical and diagnostic industries collaborate
to bring personalized medicine to fruition.
Pharmacodiagnostics and personalized medicine promise to address
the key problems faced by the pharmaceutical industry. In addition
to the clinical problems caused by ADRs, there are also well-documented
commercial problems for the pharmaceutical industry, which has
experienced a number of recent high-profile drug withdrawals
due to unacceptable safety profiles. With the number of recalls
increasing, the need for a solution is becoming critical. Furthermore,
with the era of blockbuster drugs in decline, pharmaceutical
companies need to incorporate personalized medicine into their
drug sales models to decrease drug development costs, reduce
the drug development cycle, and possibly resuscitate failed drugs.
The potential to develop personalized medicine is much greater
now than at any time in the history of the drug industry. The
raw data are available, and there are few technical hurdles to
be overcome to allow the discovery and development of pharmacodiagnostic
tests. However, the success or failure of pharmacodiagnostics
will depend largely on the pull from the consumer for personalized
medicine, or the push from industry. Indeed, a variety of market
forces—regulatory, payer, provider, and consumer—will
influence the acceptance of pharmacodiagnostics. Pharmacodiagnostics:
Technologies, Competition, and Market Models analyzes
these factors in detail.
Ultimately, the rise of pharmacodiagnostics will necessitate
collaborative relationships between pharmaceutical and diagnostic
companies with shifting power balances and opportunities for
economies of scale and scope. The report projects that four principal
relationships—Turnaround, Make-to-Order, Use-to-Order,
and Integrated—are likely to exist. Each model is presented
in terms of its varying degrees of financial benefit in return
for investment in the development of companion products, underpinned
by high-quality relationship management.
About the Authors
Dr. Stephen
Little is founder
and CEO of DxS Ltd ( www.dxsgenotyping.com)
an established personalized medicine company focused on providing
genetic analysis services and technologies to enable the delivery
of safe and effective medicines. The services provide support
for drug development, diagnostic product development and pharmacodiagnostics.
Prior to DxS, Dr. Little was responsible for research and development
at AstraZeneca’s diagnostic business unit. AstraZeneca
Diagnostics discovered, developed and manufactured DNA diagnostic
products and also provided forensic and paternity testing through
its Cellmark brand. He has over 25 years of experience in the
application of molecular biology within industry and has particular
experience in the invention and development of technologies for
human genetic analysis with over 35 patents in his name. Before
joining AstraZeneca he worked for Celltech PLC in the field of
microbial gene expression.
Dr. Little trained as a microbiologist at Heriot-Watt University
in Edinburgh and then later in Molecular Biology at the University
of Edinburgh. He can be reached at stephen.little@dxsgenotyping.com.
Dr. Edward
D. Blair is a founding
director of Integrated Medicines (www.integratedmedicines.co.uk)
a start-up aimed at enabling personalised medicine by matching
diagnostic-type tests with proprietary pharmaceuticals. He is
also Chief Science Officer & Executive Director of Phynova
Group plc and a non-executive Director of ImmunoDiagnostics Systems
plc.
Until May 2003, Dr. Blair was a Director in Translational Medicine
at GlaxoSmithKline (Cambridge) and remains a visiting scholar & lecturer
in biotechnology at the University of Cambridge. He has more
than 15 years experience in the pharmaceutical industry, evolving
through Wellcome Research Laboratories, GlaxoWellcome and GSK,
and has been involved in all aspects of early phase drug development
from target identification & routine compound screening through
pre-clinical development & Phase II clinical trials. His
broad therapeutic area experience includes viral, respiratory,
liver & neurodegenerative disease, and cancer gene therapy,
with research conducted in collaboration with esteemed UK , European & US
academic groups.
Dr. Blair trained as a molecular biologist/biochemist at the
National Institute for Medical Research in Mill Hill, London
and at the University of California at Irvine , and is an expert
in the field of virology, having edited two books and published
more than 30 primary papers on the subject. He is also inventor
on five patents. Dr. Blair can be reached at eddie.blair@integratedmedicines.co.uk.
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