ON INNOVATIVE ACTIVITY IN PHARMACEUTICAL INDUSTRY
M.I. Berkovich, A.Yu. Volin
Kostroma State University, Kostroma, Russian Federation
Keywords: pharmaceutical industry, innovations, innovative activity of enterprises, original drugs, generics, clinical trials of drug products
Abstract
The article provides with different approaches to the assessment of pharmaceutical manufacturers’ innovation activity. The peculiarities of pharmaceutical industry product that can be characterized as innovative are taken into consideration. Special attention has been given to the pharmaceutical industry peculiarities originating from differentiation of original drug products and generics in the structure of pharmaceutical industry production. Based on these findings the classification of Russian pharmaceutical manufacturers in accordance with their innovation activity extent evaluated by their activity in clinical trials conducting was developed. The classification is based upon k-means clustering algorithm with 5 clusters specified. The small amount of manufacturers involved in clinical trials conducting and some optimistic insights about the original products share were concluded hereafter.
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