Elsevier

Drug Discovery Today

Volume 2, Issue 2, February 1997, Pages 72-78
Drug Discovery Today

Review
Strategic focus
Strategic choices facing the pharmaceutical industry: A case for innovation

https://doi.org/10.1016/S1359-6446(96)10051-9Get rights and content

The pharmaceutical industry was founded at a time of unusual scientific, political and economic opportunity, but now the industry finds itself facing important choices in a difficult economic and regulatory environment. Only those companies capable of improving the productivity of their R&D departments can remain important players in the future. The author discusses the different approaches to innovation that are available to the leading pharmaceutical companies and argues for the ‘offensive’ strategy.

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