Germany's Schwarz Pharma AG has accepted lower-than-average profits over the last few years as it transforms itself from a branded generics player and local co-marketer into a development-based firm. Realizing in the mid-90s that Big Pharma didn't need co-marketing partners any more, and that prices at home were spiraling downwards, Schwarz accepted just 3-4% annual growth for the sake of heavy investments into a development pipeline of its own.
Not that Schwarz is delving too deeply into development—simply to the depths of a risk-comfort zone that the family-controlled firm can handle. It looks for late-stage compounds (Phase II or...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on In Vivo for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?