Innovation and Change

Words on everyone’s mind in the health arena. Here are some interesting tips from the experts. Change (from MindTools) Richard Beckhard and Rubin Harris first published a change equation in 1977 in “Organizational Transitions: Managing Complex Change”, and it’s still useful today. It states that for change to happen successfully, the following statement must be [...]

Innovation opinions by McKinsey

McKinseys had a few good articles on innovation posted yeasterday. I’d recommend them for a read – and particularly the comments below each article which are quite insightful and perhaps better in content terms also. This article, on how economic downturns drive innovation was quite controversial. I found one of the comments by a Paul [...]

The 10 Most Promising New Drugs

BusinessWeek has selected ten of the most promising drugs to be launched over the next ten years based on Standard & Poor’s ratings. They are Amgen’s Denosumab (Osteoporosis), AstraZeneca’s Brilinta (Arterial Thrombosis), AstraZeneca/Bristol-Myers Squibb’s Onglyza (Diabetes), Bristol-Myers Squibb’s Belatacept (Organ Transplants), Lilly’s Effient (Platelet Inhibitor), King’s Embeda/Remoxy (Pain), Merck’s Cordaptive (Atherosclerosis), Novartis’ Afinitor (Oncology), Novo Nordisk’s [...]

The global Pharma vs Government Battle

Lines are being drawn across the world and increasing pharma battles are displayed in our media. In Australia, much of the possible reform centers around the PBS regulations. While in the US, the debate is being carried far wider to include issues such as comparative effectiveness research and reforming the patent system. What will be [...]

Healthcare needs innovative Processes, not innovative Products

There’s a new innovation program at Kellogs Center of Biotechnology Management (Bnet Article). And it is just the kind of program someone should have thought of decades ago. It also reminded me of what I believe is a misguided innovation mindset we foster in the business of health. From the program director Alicia Loffler: We [...]