Now showing 1 - 10 of 14
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    A case study assessing the impact of M&A and licensing on FDA drug approvals of leading pharmaceutical companies
    (Elsevier, 2025) ;
    Grinchenko, Kyrylo
    ;
    ;
    Hartl, Dominik
    ;
    Hinder, Markus
    Despite a recent increase in FDA new drug approvals, leading pharmaceutical companies continue to face R&D productivity challenges. This highlights the need to better understand the context of their R&D concepts and related R&D outputs. Consequently, we conducted a systematic assessment of the impact of R&D expenditures, R&D intensities, mergers & acquisitions (M&A) deals and licensing agreements on new drug approvals of leading pharmaceutical companies between 2012 and 2021. Our analysis provides key insights into differentiating R&D factors: whereas R&D expenditures and the number of M&A deals correlate with the number of new drug approvals, our analysis shows no correlation with R&D intensity or the number of licensing agreements.
    Type:
    Journal:
    Volume:
    Issue:
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    Benchmarking R&D success rates of leading pharmaceutical companies: an empirical analysis of FDA approvals (2006–2022)
    (Elsevier, 2025-02) ;
    Hinder, Markus
    ;
    ; ;
    Hartl, Dominik
    Previous analyses provide an industry benchmark of 10% for the success rate in clinical development. However, prior analyses were limited by a narrow timeframe, a diverse research focus, biases in phase-to-phase transition methodology or a focus on specific use cases. We calculated unbiased input:output ratios (Phase I to FDA new drug approval) to analyze the likelihood of first approval using data from clinicaltrials.gov, encompassing a total of 2092 active ingredients, 19 927 clinical trials conducted by 18 leading pharmaceutical companies (2006–2022) and 274 new drug approvals. Our study reveals an average likelihood of first approval rate of 14.3% across leading research-based pharmaceutical companies, broadly ranging from 8% to 23%.
    Type:
    Journal:
    Volume:
    Issue:
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    The R&D productivity challenge: transforming the pharmaceutical ecosystem
    (2025) ; ;
    Kwisda, Sebastian
    ;
    Kremer Malte
    ;
    Hinder, Markus
    The persistent decline in pharmaceutical R&D productivity has been extensively analyzed and debated for over two decades, with profound implications for the structure and strategy of the pharmaceutical industry. This systemic challenge forced many leading companies to adapt their R&D models, influencing internal capabilities and external innovation strategies. In response, the industry has evolved into a complex, interdependent biopharmaceutical ecosystem encompassing large pharma-ceutical corporations, biotech innovators and specialized service providers. Although R&D productivity affects all research-driven companies, its consequences are particularly pronounced for large pharmaceutical firms, because the scale and capital intensity of their R&D activities make productivity a crucial determinant of long-term competitiveness and sustainability. By contrast, other stakeholders are only partially adversely affected, whereas some can even obtain value from it.
    Type:
    Journal:
    Volume:
    Issue:
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    Does pharma R&D need a strategic reset? Adapting to a changing US landscape
    (Elsevier, 2025)
    Kwisda, Sebastian
    ;
    Kremer Malte
    ;
    Sievertsen, Niels
    ;
    ;
    Hartl, Dominik
    R&D productivity has long challenged research-based pharmaceutical companies, raising concerns about the sustainability of their research-driven business models. These firms have traditionally relied on the U.S. as a stable hub for biomedical innovation, skilled talent, and high-price markets— supporting the biotech-leveraged pharma company (BIPCO) model However, recent geopolitical shifts—especially under the new Trump administration, including FDA budget cuts, reduced U.S. research funding, and pharmaceutical tariffs—are destabilizing this foundation. The once-reliable “safe harbor” is no longer secure. As a result, pharma R&D now faces strategic risks beyond its prior scope. With the weakening of the U.S.-centered innovation model, companies must rethink R&D pipelines, secure key technologies, maintain global clinical networks, and adjust supply chain and tax strategies. The viability of the current R&D model—rooted in U.S. leadership and premium markets—is now uncertain, requiring urgent strategic realignment.
    Type:
    Journal:
    Volume:
    Issue:
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    Investigating the origins of recent pharmaceutical innovation
    (2023-07-05) ;
    Hinder, Markus
    ;
    Dodel, Alexander
    ;
    ;
    Hartl, Dominik
    Leading pharmaceutical companies have historically been engaged in all stages of the R&D pipeline, from target identification through to drug marketing, and thus have been termed fully integrated pharmaceutical companies (FIPCOs). In the past decade, externally invented assets gained through partnering or mergers and acquisitions (M&As) have become a prominent component of the pipelines of such companies. Given the long development cycles and the increasing level of collaboration between pharma companies and biotech companies, however, the precise origins of innovation are not obvious, in part as regulatory approvals for innovative drugs by agencies such as the FDA are granted to the company filing the applications, which is not necessarily the company that discovered the active pharmaceutical ingredient. Understanding the origins of innovation provides a deeper understanding of the pharma business model and could support strategic improvements. We therefore systematically assessed the origins of innovation for all new molecular entities (NMEs) and new therapeutic biologics (NTBs) approved between 2015 and 2021 by the Center of Drug Evaluation and Research (CDER) of the US Food and Drug Administration (FDA) for the top 20 biopharma companies globally by sales in 2020 (see Supplementary information for details).
    Type:
    Journal:
    Scopus© Citations 30
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    Analysis of pharma R&D productivitya new perspective needed
    (2023-08-07) ;
    Hinder, Markus
    ;
    Von Stegmann Und Stein, Alexander
    ;
    Hartl, Dominik
    ;
    R&D productivity continues to be the industry's grand challenge. We analyzed the R&D input, output, and outcome of 16 leading research-based pharmaceutical companies over 20 years (2001-2020). Our analysis shows that pharma companies increased their R&D spending at a compound annual growth rate of 6% (2001-2020) to an average R&D expenditure per company of $6.7 billion (2020). The companies in our investigation launched 251 new drugs representing 46% of all CDER-related FDA approvals in the past 20 years. The average R&D efficiency of big pharma was $6.16 billion total R&D expenditures per new drug. Almost half of the leading companies needed to compensate for their negative R&D productivity through mergers and acquisitions.
    Type:
    Journal:
    Volume:
    Scopus© Citations 80
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    Open innovation: A paradigm shift in pharma R&D?
    (Elsevier Science, 2022-09) ; ;
    Bieniok, Doria
    ;
    Hinder, Markus
    ;
    Hartl, Dominik
    Type:
    Journal:
    Volume:
    Issue:
    Scopus© Citations 44
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    Scopus© Citations 17
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    Big Techs and startups in pharmaceutical R&D – A 2020 perspective on artificial intelligence
    (Elsevier Science, 2021) ;
    Gatto, Alexander
    ;
    Kuss, Michael
    ;
    ;
    Hinder, Markus
    Type:
    Journal:
  • Thumbnail Image
    Some of the metrics are blocked by your 
    Item type:Publication,
    The upside of being a digital pharma
    player
    (Elsevier Science, 2020) ;
    Gatto, Alexander
    ;
    Hinder, Markus
    ;
    Kuss, Michael
    ;
    Type:
    Journal:
    Scopus© Citations 48