ProcureCon Pharma was last week in Philadelphia, and Source
One was proud to be a sponsor of the event. With their history of partnering
with major pharmaceutical companies, Source One was enthusiastic to attend and
share their industry experience. This event has sparked us to consider some of
the major issues facing pharma today—most notably, the ripple effects from the
patent cliff that have left many organizations reeling.
There have been many changes since big pharma’s major brands
have started to go off patent. However, the most notable differences, from a
procurement perspective, involve indirect spend management, increased
competition, mergers and acquisitions, uptick in biopharmaceuticals and even
investments into emerging markets such as Africa. The infographic below
explains some of these post-patent trends and their subsequent results.
Visit pharma.sourceoneinc.com to learn more.
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