DocumentCode
3512122
Title
A Conceptual Model for Independent Innovation of New Drug in China
Author
Xiao Min ; Xie Fu-Ji
Author_Institution
Antai Coll. of Econ. & Manage., Shanghai Jiaotong Univ., Shanghai
fYear
2007
fDate
21-25 Sept. 2007
Firstpage
5827
Lastpage
5830
Abstract
The imitation is the main means to produce new drugs in China at present. Upgrading doorsill of new drug and changing of new drug protection make it very difficult to develop the new drug in China. It´s necessary to study on mode for new drug independent innovation. A conceptual model for new drug independent innovation which has the Chinese characters is presented, based on empirical research undertaken with a leading Anti-tumor new drug H101 producing (Sunway Biotech Co., Ltd) and based on a review of some key literature in this area. The model acts as a toolkit aiding research and development of new drugs. In the result, some suggestions are given. A public medicine information platform should be established. Venture capital should be encouraged. Systematic way should be made to assure the benign interaction relations between short-term benefit and the long-term investment. Preferential talented person policy should be measured.
Keywords
drugs; investment; medicine; pharmaceutical industry; Sunway Biotech Co., Ltd; drug independent innovation; long-term investment; new drug production; new drug protection; public medicine information; venture capital; Costs; Drugs; Educational institutions; Innovation management; Investments; Pharmaceutical technology; Protection; Research and development; Technological innovation; Venture capital;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location
Shanghai
Print_ISBN
978-1-4244-1311-9
Type
conf
DOI
10.1109/WICOM.2007.1429
Filename
4341204
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