KPMG's Pharmaceutical industry practice advises clients with critical business and key industry issues.
KPMG's Pharmaceutical industry practice advises clients with business and industry issues.
Consolidation among the major players is expected globally as mergers, acquisitions and strategic alliances continue across the pharmaceutical and biotechnology sectors, driven by escalating R&D costs, blockbuster drug patent expirations and a need to bolster R&D pipelines.
With such high R&D costs, patent and intellectual property protection will remain an ongoing issue for the industry.
Protection of patents is one of the most important determinants of the long-term prosperity of research-orientated pharmaceutical companies.
In Australia, an ageing population and government funding constraints are driving growth in generic medicines. Reforms to the Pharmaceutical Benefits Scheme (PBS) signals that the Australian Government is increasingly looking to generic medicines to curb the increasing cost of healthcare expenditure.
How we can help
KPMG's Pharmaceutical industry practice advises clients with critical business and industry issues, including:
KPMG's Pharmaceuticals industry advisers bring high-level technical capabilities and deep industry experience to every engagement. They are supported by KPMG's global resources, collaborative knowledge sharing systems and industry insight programs.