Keys for success in the Big Pharma field
- Author Paula Diamond
- Published January 23, 2023
- Word count 491
The Food and Drug Administration (FDA) is responsible for the safety and effectiveness of drugs sold in the United States. The process to get the FDA’s approval for a pharmaceutical product is usually very long and complicated.
The FDA’s Center for Drug Evaluation and Research (CDER) conducts research to test the drugs’ quality, but the pharmaceutical companies that aim at introducing a new product on the US market are responsible for extensive testing of the drugs to prove they’re safe and effective. The CDER then reviews the data included in the new drug application (NDA). After the development phase, the FDA goes though preclinical and clinical research, review, and post-market safety monitoring.
Experts in this field rarely share their advice on how to deal with the FDA in the most effective way and how to be successful in the pharmaceutical business. “Mastering the art of communication and being proficient in marketing techniques can be helpful,” told us Alessandro Ricci, president of the US branch of the Chinese big pharma company Aurisco. “You have to discover a product’s potential, develop a plan, and clearly describe the assets and advantages a drug can bring to the American market and the world in general,” explained the Italian CEO, product developer and expert of the life-cycle management associated with the supply chain. Having a nice dose of charm, being personable, and able to put people at ease are other important qualities to develop.
Mr. Ricci is responsible for the success of very popular drugs and active substances, such as the extremely popular steroid medicine Fluticasone Propionate, generic of Advair. Sold today under the brand names Flovent and Flonase among others, this product works by decreasing inflammation and is used for the long-term management of asthma, but also to treat hay fever, nasal polyps, and mouth ulcers. With over 24 million prescriptions, Fluticasone was the 23rd most prescribed medication in the United States in 2020. “I make the technical aspects very simple for clients and supervise the document filing for drugs to be successful with the FDA’s approval,” the 43-year-old entrepreneur added.
Mr. Ricci is also the mind behind the development of the Active Pharmaceutical Ingredient (API) Fulvestrant, used in the generic oncologic drug Faslodex and of Abiraterone acetate, a medication used to treat prostate cancer, sold under the brand name Zytiga.
Mr. Ricci’s knowledge of the US marketing and business world has been a crucial asset for many international companies in America. Probably his most important piece of advice is inspired to professional sports and the athlete’s mentality, which he gets from his passion for marathon running: “Be persistent. Just like athletes must train every day in order to be able to finish a marathon, you should fight every day to get to your short-term goals,” he explained. “Working in this field is just like a long-distance race: You need to fight every mile to get to the finish line.”
www.successnews.world
Journalist. Passionate about inspiring stories of leaders and successful people.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Who will benefit from knee joint replacement surgery?
- How important is zinc to our bodies?
- What went wrong with the thalidomide drug?
- How To Choose One Contra Angle Handpiece
- How to get the best running shoes for you
- How to deal with restless legs syndrome?
- What is Parkinson's Disease
- What is a plantar plate tear?
- Pharmacovigilance Advancement using Advanced Data Analytics
- How effective is molnupiravir for COVID-19?
- Understanding the Impacts of Gout
- What are the fluoroquinolone medicines used for?
- Getting a diagnosis of fibromyalgia
- What is Duchenne's muscular dystrophy?
- Should we be worried about mad cow disease?
- Understanding Sudden Infant Death Syndrome (SIDS)
- Understanding Celiac's Disease
- Why Mosquitoes prefer some people more than others
- Fish Scale Cocaine – What You Need to Know
- Ways of Cannabis Consumption: How to Use Weed in 5 Different Ways
- Does diabetes affect the muscles and joints?
- How did Ebola get started?
- Wave Goodbye to Unsightly and Uncomfortable Warts with Homeopathy Medicines
- How to deal with a stress fracture of the heel bone?
- Can you get a blood clot from a COVID-19 vaccine?
- What are COVID toes?
- Using Heel Pads to Treat Sever's Disease in the Childs Foot
- Can the corn removal pads help get rid of corns on the feet?
- Can Reflexology Help Improve Your Health?