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Explore the population aging, new technologies, and increased regulatory hurdles impacting the bio/pharma industry. Discover how reducing costs, increasing output, and consolidating resources can help compete globally. Also, learn about the opportunities and challenges in the New Zealand biotech industry.
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AGENDA • Global Trends (Bio/Pharma) • A brief summary of what we know but conveniently forget • A tale of elephants, hippopotami and kiwis • Discussion
Population growing older • (industrialised countries) • Population growing • (non industrialised countries) • New Technologies • Advanced integrated communication
Control of total healthcare costs • Increased regulatory hurdles • Longer time lines/less drugs/higher costs
Reduce Costs • de-risk R & D • merge (to cut) • integrate bio informatics
Christian Hahn Entwicklungshilfe 2005
Increase output through M & A's • marketing/sales • additional indications • venture into non reimbursed areas
NZ Biotech Industry • professionally managed • government support is good • infrastructure is ok (Universities, CRIs, COEs) but not co-ordinated!!!
WHY WORRY? • NZ does not compete with countries, it competes with cities • Distance, size and history cannot be changed • To compete globally, NZ needs to consolidate
$ $ FRST Universities COEs CRIs Companies $ $ NZTE
Should we continue what we are doing now? Are there alternatives?
+ Warner Lambert + Pharmacia + Wyeth + ROERIG PFIZER + TAITO + MACK
Glaxo Allen-Hanburys Burroughs Wellcome + + Smith Kline & French Smith Kline Smith Kline French/Richards + Beckmann + Allergan + SmithKline Beecham Beecham Beecham MacLeans Norcliff + +
+ Lek Pharma + Durascan GEIGY CIBA SANDOZ + Sabex + + + Hexal + Chiron + Alcon
“The Diary of a Loner” John Isaacs 2005
New “Feeding Ground”
Food • Higher Margin • Know consumers • Drugs • Compensate for price decreases • Know science
Products Health Sickness Systems
Products Sickness Health Systems “WELLNESS”
“WELLNESS” “Create and maintain a healthy state of mind, body and soul as long as it makes sense”
maintain health • avoid, delay getting sick
Product Areas • Supplements, vitamins, minerals • Omega 3 (heart, mind) • Manuka honey • Energy drinks • Antioxidants and teas • Weight reducers (melon extracts, vinegars) • Sugar replacements (angel fruit) • Bone support • Etc
Birgit Dieker “Navigare necesse est” 2005
How does New Zealand fit? • What can we do better than others? • What can we leverage?
Our Flora/Fauna Our image
Research Institutes ….. but where are the products for the elephants and hippopotomi ??
Companies/Products A2 - Beta casomorphein Fonterra - Lactoferrin/sphingomyelin Biodiscovery - (too) many BioVittoria - PureLo (but Chinese!) BLIS - Strep Salivorius (throat therapy) Vital Foods - Zyactinase (constipation)
Companies/Products Keratec - Functional Keratins MigCo - Enzogenol (migraine) New Image - Colostrum ZyGem - Enzymes ex Antartica Manuka Honeys ……………… Green Lip Mussel extracts ………………
+ Healtheries Forest Herbs Thompson’s Nutrition Bioactive Technologies ………………
h Diabetes Blood Pressure Incontinence ……
Understand what is happening in the biotech space globally • Know your limitations • Choose areas of competition based on your strength, not your desires!
George Grosz “Eclipse of the Sun” 1926
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