SlideShare uma empresa Scribd logo
1 de 2
Baixar para ler offline
Asia is not a homogeneous generics market
Jose Maria A Ochave, Corporate Vice President Business Development & Legal for
United Laboratories gives us his take on the marketing and distributing generics and
biosimilars in Asia. He also talks about the affordability of biosimilars and tells us why
price will continue to be a significant factor in the generics market and how companies
must set themselves apart form the competition to enter the market.

Bryan Camoens: What are some of the key challenges in marketing and distributing
innovators alongside generics in Asia?

Jose Maria A Ochave : Asia is not a homogeneous market. Market conditions vary from
country to country. Hence, a question that seeks to generalize will not result in any
meaningful answer. In any case, from where I stand, the key challenge for any
pharmaceutical company now is price as more products become commoditized. This
becomes more acute when companies with non-cGMP facilities are allowed to enter the
market.

Bryan Camoens: With the emerging trend of biosimilars, how will the dynamics of the
pharmaceutical market be affected?

Jose Maria A Ochave : It's an emerging trend elsewhere, but not yet in the Philippines as
sourcing of biosimilars and patients' capacity to pay continue to prevent the creation of a
robust biosimilar market. There has been much discussion regarding biosimilars, but until
such time that the affordability issue in developing countries is addressed, it will simply be
an interesting topic in conferences.

Bryan Camoens: What are the key market access barriers for generics within Asia?

Jose Maria A Ochave : Primarily product registration, this despite the on-going
harmonization efforts. With a few exceptions, the reality is each country still seeks to
protect its own domestic companies due to legitimate policy concerns (e.g., drug security,
technology transfer, employment).

Bryan Camoens: What are the challenges and difficulties in marketing generic products in
Asia?

Jose Maria A Ochave : The proliferation of substandard generics as this undermines the
credibility of the entire generics industry.

Bryan Camoens: How do prescribers differentiate among the various generic options
available in the market?

Jose Maria A Ochave : They still prescribe products of companies who detail to them.
Hence, presence in the doctor's clinic is still important.
Bryan Camoens: How unique is the positioning of generics companies in Asia and how can
they withstand competition from Big Pharma?

Jose Maria A Ochave : It's still price and relationship marketing. If Big Pharma goes down
to the generics price point using their existing brands, then that will pose some difficulties
for the generics companies. However, if they launch their generics through another
company, it will take a while for them to establish themselves in the market and generic
companies will have the opportunity to stunt their growth by leveraging on their existing
relationships.

Bryan Camoens: Asia's exports - what can companies do to ensure the quality and safety of
generics?

Jose Maria A Ochave : It's still the good, old cGMP and quality assurance and control
programs. There is no shortcut.


Bryan Camoens: With regards to biosimilars and pharmacovigilance, what are the key
considerations for companies and how can we overcome them?

Jose Maria A Ochave : The key considerations are a good, dependable source of the
biosimilars and compliance with registration requirements, especially as regards the
clinical trial requirement. The fact that one cannot adopt the same pricing strategy as with
traditional pharmaceuticals resulting in narrower margins is also an issue. The business
model for traditional pharmaceuticals will not work with biosimilars. A new business model
will have to be crafted and it will take a lot mistakes before one can come up with one that
works. Hence, not all pharmaceutical companies will have the required financial resources
and competence to be successful in biosimilars.

Bryan Camoens: How will the generics industry continue to evolve with more patents
expiring in the next few years?

Jose Maria A Ochave : While price will continue to be a significant factor, the generic
companies will have to find other ways to differentiate themselves from competition as
more companies enter the market. Success will come to those who are able to engage the
various customers creatively and more effectively. Companies will also need to redefine
who their real customers are.
_______________________________________________________________________
Jose Maria A Ochave will be speaking at the Generics & Biosimilars Asia conference for
more details please visit www.genericsbiosimilarsasia.com or drop an email to
enquiry@iqpc.com.sg

Mais conteúdo relacionado

Mais de Genericlicensing.com

Genericlicensing available european granted licenses march 2011
Genericlicensing available european granted licenses march 2011Genericlicensing available european granted licenses march 2011
Genericlicensing available european granted licenses march 2011Genericlicensing.com
 
C ph i biosimilar presentation - rahul padhye - reliance
C ph i biosimilar presentation - rahul padhye - relianceC ph i biosimilar presentation - rahul padhye - reliance
C ph i biosimilar presentation - rahul padhye - relianceGenericlicensing.com
 
Inc in depth biosimilars clinical perspective
Inc in depth biosimilars   clinical perspectiveInc in depth biosimilars   clinical perspective
Inc in depth biosimilars clinical perspectiveGenericlicensing.com
 
Pharma mag being seen by major clients online
Pharma mag   being seen by major clients onlinePharma mag   being seen by major clients online
Pharma mag being seen by major clients onlineGenericlicensing.com
 
How to find new products to license (plg journal july 2010)
How to find new products to license (plg journal july 2010)How to find new products to license (plg journal july 2010)
How to find new products to license (plg journal july 2010)Genericlicensing.com
 
Hetero europe company presentation 2010
Hetero europe company presentation 2010Hetero europe company presentation 2010
Hetero europe company presentation 2010Genericlicensing.com
 
Biosimilars analysing market intelligence (peter wittner)
Biosimilars   analysing market intelligence (peter wittner)Biosimilars   analysing market intelligence (peter wittner)
Biosimilars analysing market intelligence (peter wittner)Genericlicensing.com
 
Genericlicensing.com - Featured Companies 2011
Genericlicensing.com - Featured Companies 2011Genericlicensing.com - Featured Companies 2011
Genericlicensing.com - Featured Companies 2011Genericlicensing.com
 

Mais de Genericlicensing.com (10)

Genericlicensing available european granted licenses march 2011
Genericlicensing available european granted licenses march 2011Genericlicensing available european granted licenses march 2011
Genericlicensing available european granted licenses march 2011
 
C ph i biosimilar presentation - rahul padhye - reliance
C ph i biosimilar presentation - rahul padhye - relianceC ph i biosimilar presentation - rahul padhye - reliance
C ph i biosimilar presentation - rahul padhye - reliance
 
Inc in depth biosimilars clinical perspective
Inc in depth biosimilars   clinical perspectiveInc in depth biosimilars   clinical perspective
Inc in depth biosimilars clinical perspective
 
Pharma mag being seen by major clients online
Pharma mag   being seen by major clients onlinePharma mag   being seen by major clients online
Pharma mag being seen by major clients online
 
How to find new products to license (plg journal july 2010)
How to find new products to license (plg journal july 2010)How to find new products to license (plg journal july 2010)
How to find new products to license (plg journal july 2010)
 
Hetero europe company presentation 2010
Hetero europe company presentation 2010Hetero europe company presentation 2010
Hetero europe company presentation 2010
 
Cphi licensing pavillion 2011
Cphi licensing pavillion 2011Cphi licensing pavillion 2011
Cphi licensing pavillion 2011
 
Biosimilars analysing market intelligence (peter wittner)
Biosimilars   analysing market intelligence (peter wittner)Biosimilars   analysing market intelligence (peter wittner)
Biosimilars analysing market intelligence (peter wittner)
 
Genericlicensing.com - Featured Companies 2011
Genericlicensing.com - Featured Companies 2011Genericlicensing.com - Featured Companies 2011
Genericlicensing.com - Featured Companies 2011
 
Woerwag RD presentation
Woerwag RD presentationWoerwag RD presentation
Woerwag RD presentation
 

Último

8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCRashishs7044
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024Matteo Carbone
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 

Último (20)

8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
IoT Insurance Observatory: summary 2024
IoT Insurance Observatory:  summary 2024IoT Insurance Observatory:  summary 2024
IoT Insurance Observatory: summary 2024
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 

Asia is not a homogeneous generics market

  • 1. Asia is not a homogeneous generics market Jose Maria A Ochave, Corporate Vice President Business Development & Legal for United Laboratories gives us his take on the marketing and distributing generics and biosimilars in Asia. He also talks about the affordability of biosimilars and tells us why price will continue to be a significant factor in the generics market and how companies must set themselves apart form the competition to enter the market. Bryan Camoens: What are some of the key challenges in marketing and distributing innovators alongside generics in Asia? Jose Maria A Ochave : Asia is not a homogeneous market. Market conditions vary from country to country. Hence, a question that seeks to generalize will not result in any meaningful answer. In any case, from where I stand, the key challenge for any pharmaceutical company now is price as more products become commoditized. This becomes more acute when companies with non-cGMP facilities are allowed to enter the market. Bryan Camoens: With the emerging trend of biosimilars, how will the dynamics of the pharmaceutical market be affected? Jose Maria A Ochave : It's an emerging trend elsewhere, but not yet in the Philippines as sourcing of biosimilars and patients' capacity to pay continue to prevent the creation of a robust biosimilar market. There has been much discussion regarding biosimilars, but until such time that the affordability issue in developing countries is addressed, it will simply be an interesting topic in conferences. Bryan Camoens: What are the key market access barriers for generics within Asia? Jose Maria A Ochave : Primarily product registration, this despite the on-going harmonization efforts. With a few exceptions, the reality is each country still seeks to protect its own domestic companies due to legitimate policy concerns (e.g., drug security, technology transfer, employment). Bryan Camoens: What are the challenges and difficulties in marketing generic products in Asia? Jose Maria A Ochave : The proliferation of substandard generics as this undermines the credibility of the entire generics industry. Bryan Camoens: How do prescribers differentiate among the various generic options available in the market? Jose Maria A Ochave : They still prescribe products of companies who detail to them. Hence, presence in the doctor's clinic is still important.
  • 2. Bryan Camoens: How unique is the positioning of generics companies in Asia and how can they withstand competition from Big Pharma? Jose Maria A Ochave : It's still price and relationship marketing. If Big Pharma goes down to the generics price point using their existing brands, then that will pose some difficulties for the generics companies. However, if they launch their generics through another company, it will take a while for them to establish themselves in the market and generic companies will have the opportunity to stunt their growth by leveraging on their existing relationships. Bryan Camoens: Asia's exports - what can companies do to ensure the quality and safety of generics? Jose Maria A Ochave : It's still the good, old cGMP and quality assurance and control programs. There is no shortcut. Bryan Camoens: With regards to biosimilars and pharmacovigilance, what are the key considerations for companies and how can we overcome them? Jose Maria A Ochave : The key considerations are a good, dependable source of the biosimilars and compliance with registration requirements, especially as regards the clinical trial requirement. The fact that one cannot adopt the same pricing strategy as with traditional pharmaceuticals resulting in narrower margins is also an issue. The business model for traditional pharmaceuticals will not work with biosimilars. A new business model will have to be crafted and it will take a lot mistakes before one can come up with one that works. Hence, not all pharmaceutical companies will have the required financial resources and competence to be successful in biosimilars. Bryan Camoens: How will the generics industry continue to evolve with more patents expiring in the next few years? Jose Maria A Ochave : While price will continue to be a significant factor, the generic companies will have to find other ways to differentiate themselves from competition as more companies enter the market. Success will come to those who are able to engage the various customers creatively and more effectively. Companies will also need to redefine who their real customers are. _______________________________________________________________________ Jose Maria A Ochave will be speaking at the Generics & Biosimilars Asia conference for more details please visit www.genericsbiosimilarsasia.com or drop an email to enquiry@iqpc.com.sg