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Big Pharma, Little Science?

Big Pharma, Little Science? A bibliometric perspective on big pharma’s R&D decline

Technology Forecasting and Social Change (online)

Nominated to Best Paper Award in the 2012 DRUID Conference

Ismael Rafols, Michael M. Hopkins, Jarno Hoekman,Josh Siepel, Alice O'Hare, Antonio Perianes-Rodríguez and Paul Nightingale

  Abstract

There is a widespread perception that pharmaceutical R&D is facing a productivity crisis characterised by stagnation in the numbers of new drug approvals in the face of increasing R&D costs. This study explores pharmaceutical R&D dynamics by examining the publication activities of all R&D laboratories of the major European and US pharmaceutical firms during the period 1995-2009. The empirical findings present an industry in transformation. In the first place, we observe a decline of levitra uk the total number of publications by large firms. Second, we show a relative increase of their external collaborations suggesting a tendency to outsource, and a diversification of the disciplinary base, in particular towards computation, health services and more clinical approaches. Also evident is how much is viagra a more pronounced decline in publications by both R&D laboratories located in Europe and viagra overnight no prescription by firms with European headquarters. Finally, while publications by big pharma in emerging economies sharply increase, they remain extremely low compared with those in developed countries. In summary, the trend in this transformation is one of a gradual decrease in internal research efforts and increasing reliance on external research. These empirical insights support the view that large pharmaceutical firms are increasingly becoming ‘networks integrators’ rather than the prime locus of drug discovery.

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