BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

The Problems and Prospects of Development of Pharmaceutical Industry Enterprises on a National and Global Scale
Zhaldak H. P., Tokarska S. P.

Zhaldak, Hanna P., and Tokarska, Sofiia P. (2023) “The Problems and Prospects of Development of Pharmaceutical Industry Enterprises on a National and Global Scale.” Business Inform 11:305–313.
https://doi.org/10.32983/2222-4459-2023-11-305-313

Section: Management and Marketing

Article is written in Ukrainian
Downloads/views: 1

Download article (pdf) -

UDC 338.001.36

Abstract:
The aim of the article is to identify the problems and prospects for the development of pharmaceutical enterprises under the current trends in the industry on a domestic and global scale. The article analyzes the current state of the pharmaceutical industry in Ukraine and the world. It has been found that the burden on pharmaceutical enterprises in the course of aggravation of geopolitical conflicts increases at a high pace. The impact of russia’s war against Ukraine on the activities of domestic pharmaceutical companies is analyzed. It is determined that the openness of the dialogue between the State and enterprises made it possible to quickly adapt to the conditions of martial law. In the course of the study, the main characteristics of the pharmaceutical market have been identified. The change in the volume and structure of demand for medicines in accordance with the current trends in the external environment is substantiated. It is determined that the structure of demand for medicines is sensitive to external shifts: during the pandemic, sales of antibacterial drugs prevailed, while during the ongoing war, anti-inflammatory, cardiological drugs, and analgesics are more actively bought. It is found that the global demand for medicines is growing at a high rate, which is caused, in particular, by the aging of the population and military conflicts. As a result of the analysis and systematization of the main characteristics of the pharmaceutical market, the problems and prospects for the development of enterprises in the industry have been allocated. Under modern conditions, the innovativeness of drug production is rapidly increasing, the digitalization of all business processes of pharmaceutical companies is developing, the interest of companies in mergers and cooperation with foreign partners is increasing, which provides prospects for development. However, a number of economic and political shifts impede such development. It is determined that under modern conditions it is important for pharmaceutical companies to increase the level of sustainability and flexibility of business, for this purpose it is worth focusing on effective supply chain management, partnership projects and reputation, as well as digitalization of activities. Thus, prospects for further research in this direction are to determine the mechanism for developing effective development strategies by pharmaceutical companies, in particular at the international level.

Keywords: pharmaceutical industry, pharmaceutical enterprise, development prospects.

Fig.: 2. Tabl.: 2. Bibl.: 18.

Zhaldak Hanna P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Enterprise Management, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: [email protected]
Tokarska Sofiia P. – Student, National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute» (37 Beresteiskyi Ave., Kyiv, 03056, Ukraine)
Email: [email protected]

List of references in article

Shevchuk, P. O., and Derhaliuk, B. V. “Perspektyvy rozvytku pidpryiemstv farmatsevtychnoi promyslovosti v Ukraini“ [Prospects for the Development of Pharmaceutical Industry in Ukraine]. Ekonomika ta suspilstvo, no. 38 (2022). DOI: https://doi.org/10.32782/2524-0072/2022-38-69
Shymanovska-Dianych, L. M., Lozova, O. V., and Yurko, I. V. “Rynok farmatsevtychnykh tovariv Ukrainy: problemy ta perspektyvy rozvytku“ [Market of Pharmaceutical Products of Ukraine: Problems and Prospects of Development]. Visnyk Lvivskoho torhovelno-ekonomichnoho universytetu, no. 71 (2023): 13-20. DOI: https://doi.org/10.32782/2522-1205-2023-71-02
Oliinyk, P. V., Chukhrai, I. L., and Oliinyk, S. P. “Farmatsevtychne zabezpechennia naselennia v umovakh voiennoho stanu: analiz ta perspektyvy“ [Pharmaceutical Provision of the Population under Martial Law: Analysis and Prospects]. Farmatsevtychnyi chasopys, no. 3 (2023): 41-47. DOI: https://doi.org/10.11603/2312-0967.2022.3.13468
Shandrivska, O. Ye., and Tsvetkovska., A. V. “Doslidzhennia farmatsevtychnoho rynku Ukrainy: u fokusi kontsentratsiia rynku“ [Research of the Ukraine Pharmaceutical Market: The Market Concentration in the Focus]. Visnyk Natsionalnoho universytetu «Lvivska politekhnika». Seriia «Problemy ekonomiky ta upravlinnia», no. 1 (2022): 56-68. DOI: https://doi.org/10.23939/semi2022.01.056
“Farmatsevtychna haluz Ukrainy 2022“ [Pharmaceutical Industry of Ukraine 2022]. TOP LEAD, 2023. https://darnytsia.ua/api/pharma-directory/farma-haluz-ukraine-2022-ua/фармацевтична%20галузь%20україни%202022%20ua.pdf
“Tendentsii farmatsevtychnoho rynku Ukrainy. Veresen 2023“ [Trends of the Pharmaceutical Market of Ukraine. September 2023]. TOP LEAD, 2023. http://darnytsia.ua/api/pharma-directory/trends-of-the-pharmaceutical-market-ua-2023/тенденці%2520фармацевтичного%2520ринку%25202023%2520ua
Obrizan, A. “Farmatsevtychnyi rynok pislia pochatku viiny vpav. Shcho bude dali?“ [The Pharmaceutical Market Collapsed after the Start of the War. What Happens Next?]. Ekonomichna pravda. June 27, 2022. https://www.epravda.com.ua/columns/2022/06/27/688567/
“Farmatsevtychnu promyslovist vkliucheno do priorytetnykh haluzei ekonomiky Ukrainy“ [The Pharmaceutical Industry Is Included in the Priority Sectors of the Economy of Ukraine]. Ministerstvo okhorony zdorov'ia Ukrainy. July 26, 2022. https://moz.gov.ua/article/news/farmacevtichnu-promislovist-vkljucheno-do-prioritetnih-galuzej-ekonomiki-ukraini-
“Maryna Slobodnichenko: Yevrokomisiia mozhe rozhlianuty Ukrainu yak stratehichnyi khab likarskykh zasobiv“ [Maryna Slobodnichenko: The European Commission Can Consider Ukraine as a Strategic Hub for Medicinal Products]. Uriadovyi portal. September 15, 2023. https://www.kmu.gov.ua/news/maryna-slobodnichenko-ievrokomisiia-mozhe-rozghlianuty-ukrainu-iak-stratehichnyi-khab-likarskykh-zasobiv
Derzhavna sluzhba statystyky Ukrainy : veb-sait. https://ukrstat.gov.ua/
“Global pharmaceutical industry - statistics and facts“. Statista. https://www.statista.com/topics/1764/global-pharmaceutical-industry/#topicOverview
“Personalized Medicine“. National Human Genome Research Institute. https://www.genome.gov/genetics-glossary/Personalized-Medicine
Burke, H. “Who are the top 10 pharmaceutical companies in the world?“ Proclinical. July 27, 2023. https://www.proclinical.com/blogs/2023-7/the-top-10-pharmaceutical-companies-in-the-world-2023
“Vitchyzniani liky vs importni. Rozvinchuiemo stereotypy“ [Domestic Drugs vs Imported Drugs. We Debunk Stereotypes]. Liky v Ukraini - vse pro liky ta yikh yakist. https://xn--h1adc2i.xn--j1amh/news/160422-01.html
Badwy, A. “This is why the pharmaceutical industry struggles with its reputation“. Pharmaoffer.com. May 29, 2023. https://pharmaoffer.com/blog/unraveling-the-factors-behind-the-pharmaceutical-industrys-challenging-reputation/
“The Pharmaceutical Industry in Figures: Key Data 2023“. European Federation of Pharmaceutical Industries and Associations, 2023. https://www.efpia.eu/media/rm4kzdlx/the-pharmaceutical-industry-in-figures-2023.pdf
“The Pharmaceutical Industry in Figures: Key Data 2022“. European Federation of Pharmaceutical Industries and Associations, 2022. https://www.efpia.eu/media/637143/the-pharmaceutical-industry-in-figures-2022.pdf
Dukart, H. et al. “Emerging from disruption: The future of pharma operations strategy“. McKinsey & Company. October 10, 2022. https://www.mckinsey.com/capabilities/operations/our-insights/emerging-from-disruption-the-future-of-pharma-operations-strategy

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster