Biopharma

Bio pharmaceutical is an umbrella term for medical drugs created with biotechnology. Beer, wine and washing detergent as well as systems used in agriculture and farming are all considered to be biotechnology. Research and innovation into biopharma is instrumental in the world of medicine and past discoveries have led to new ways to treat cancer and immune diseases.
The global management consultancy firm, McKinsey & Company noted that Biopharmaceuticals are “among the most sophisticated and elegant achievements of modern science.”
Composed of proteins and nucleic acids, biopharmaceuticals are often used for therapeutic or diagnostic purposes. The first such substance approved for therapeutic use was recombinant human insulin which has saved the lives of millions of diabetics around the world. Biopharma specifically refers to those pharmaceuticals derived from life forms including mammalian cells, bacteria, and yeast however often the definition is extended to include all types of pharmaceuticals.
Market Trends
PWC has recognised 7 major trends which are reshaping the biopharma marketplace in 2020:
- Chronic disease is becoming more common which places greater pressure on stretched healthcare budgets.
- Empowered consumers of healthcare services and policy makers are increasingly determining what doctors are able to prescribe.
- Greater access to data means that patients can track and measure the pharmacoeconomic performance of different medicines.
- Boundaries between different healthcare disciplines are blurring
- Demand for medicines is growing more rapidly in developing nations and emerging economies as opposed to industrialised economies.
- Preventative emphasis is overtaking treatments in government policy making intentions.
- Regulators are becoming more cautious about approving truly innovative medicines.
Industry Challenges and Opportunities
Bio-pharmaceutical innovators are met with a number of challenges such as rising consumer expectations. Patients want new therapies which are clinically and economically better than alternatives with real world data about why the medicine is superior. The well established discovering and developing process is traditionally slow to progress and management culture, mental models and strategies which are relied upon the industry are also slow to adapt.
Despite this, it is clear that trade is becoming easier, new medicines are materialising and demand for products is escalating.
It is predicted that the global pharmaceutical market could be worth nearly $1.6 trillion by 2020.
Contact our team, who can help you:
- Set up your business
- Find an existing business looking for investment
- Find the right talent and partnerships
- Grow and develop your business
Our dedicated advisors will assist with:
- Connecting the entrepreneur with businesses to help set up the business plan
- Negotiate the terms of investment and close the deal
- Assist in compliance with UK Home Office Guidelines for innovation, viability and scalability
- Preparation of a due diligence report to support the endorsement application
- Providing real time estimates of turnover and profit
- Introducing improvements to data sources producing a more coherent measure of business activity.
- Model your valuation and decide how much equity to give away
- A dedicated lawyer to advise on the investment contracts
- Preparation of your business plan
- Opening a UL bank account and investment account
- Residential property purchases
- Applications for SEIS & EIS advance assurance
- Help you avoid common mistakes
Find Out More
A Turkish Manufacturing Property Boom Driven by Asian Investors
A Turkish Manufacturing Boom Fuelled By Capital From Asia Tourism is back in business in Turkey following large volumes of domestic and foreign visitors flocking …
The E-2 Visa – Bridging the gap to the EB-5
The E-2 Visa The E-2 Investor visa is available to citizens of a country that has a trade treaty with the USA. There are over …
The COVID-19 effect on the Property Market
The UK Government’s decision to lockdown the nation as a result of the COVID-19 pandemic sparked fear with regards to the economic state of the …
The UK Technology Vision in 2020 and beyond
During the Accenture Technology Vision 2020, it was reported that, according to their Technology Vision Consumer Survey, 52 percent of consumers say that technology plays …