Managing Innovation Evista Case Morgane … Maël Bourguignon Jonathan Calvet Axel Caborderie
Summary I.INTRODUCTION –Background II.MARKET CONSTRAINTS AND PROBLEMATIC –Threats : Generics / « Me too » –Environmental constraints : Formularies / Laws –Problematic III.DEVELOPMENT PROCESS AND ORGANIZATION –Development process / Time to Market –« Heavyweight » management approach IV.CONCLUSION : –To go Further
1876. Creation of ELI LILLY and Company by Colonel Eli Lilly, pharmaceutical chemist and Civil war veteran. Background
ELI LILLY continued to develop insulin product family and treatment of endocrine diseases. Background
1920. First Blockbuster for treatment of diabetes: Insulin Background
1950s. Development of Ceclor : top-selling antibiotic of the world. Background
1980. Introduction of Humilin using recombinant DNA technology : improve diabetes treatment. Background
1986. Commercialisation of Prozac : drug for central nervous system. Background
1996. Zyprexa : Anti-psychotic for treatment of schizophrenia. Background
Restructuring and focus on fighting cancer and cardiovascular diseases : Launch of ReoPro, anti-platelet agent and Gemzar, oncology product. Background
2005. Eli Lilly registered 14,6 billion $ of global revenues Background
The problematic Considering the increasing threats within the pharmaceutical industry, How can Eli Lilly remain competitive?
Conclusion Time to market : a better approach taking into account the market constraints. « Heavyweight » approach: give the priority to the future potential blockbuster.
Conclusion To go further : –Should we apply this approach to the commercialization of new drugs ? –On which criterions ? –For which costs ? –Should we have to delay or stop other projects ?