Page 4 - CIMA SCS Workbook November 2018 - Day 1 Suggested Solutions
P. 4
CIMA NOVEMBER 2018 – STRATEGIC CASE STUDY
Greater awareness of what leads to ill health could lead to less reliance on drugs
Pressure on pharma companies to make drugs more affordable in less developed countries
Technological
Advances in technology open up new areas of healthcare e.g. stem cell research
Earlier diagnosis possible e.g. new Apple Watch features low/high heart rate notifications
Use of Big Data to improve understanding of disease pathways should result in more
effective cures
Use of Artificial Intelligence (AI) to detect diseases such as cancer more accurately and in
their early stages
Environmental
Concerns at drug pollution of water systems around the world e.g. due to waste in the
manufacturing process, or drugs being disposed of down lavatories by consumers
Emergence of new “superbugs” which are resistant to conventional drugs
Industry in general consumes a lot of energy – manufacturing/distribution/storage of
finished goods
Legal
High litigation levels in the industry e.g. Johnson & Johnson ordered to pay $4.7 billion in
damages in July 2018 over claims talcum powder led to ovarian cancer
Need to satisfy regulatory bodies such as NICE/PTA/PRA
Importance of global patent protection for new drugs
44 KAPLAN PUBLISHING