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60 million R&D expenses leveraged nearly 4 billion market, and Hengrui Pharmaceutical grabbed the world's first imitation

Preface

In recent years, with the continuous expansion of the global pharmaceutical market and the rapid development of medical technology, countries have higher and higher requirements for the quality and efficacy of pharmaceutical products, and have also posed higher challenges to pharmaceutical R&D and production technology. In this context, pharmaceutical companies around the world have increased their investment in the research and development of innovative drugs, hoping to stand out in the global pharmaceutical market.

As healthcare costs continue to rise in various countries, medical expenditures have become a major burden for authorities and patients. In order to reduce medical costs, countries have promoted the development and use of generic drugs, hoping to achieve rational use of medical resources through generic drugs, so that more patients can receive effective treatment.

In this context, the generic drug market has gradually become an important area for pharmaceutical companies in various countries to compete for layout, and it has also brought new development opportunities for pharmaceutical companies in large eastern countries. Recently, a piece of news about Hengrui Pharmaceutical has caused heated discussions, and Hengrui Pharmaceutical has successfully obtained the generic drug application of bupivacaine liposome injection approved by the US FDA, becoming the first manufacturer to obtain the approval of generic drugs of this variety in the United States.

Behind this news, it is not only the gratifying achievements of a pharmaceutical company in a big eastern country, but also a strong proof of the strength and technical level of the pharmaceutical industry in a big eastern country. The reason why Hengrui Pharmaceutical was able to successfully obtain the approval of this generic drug is inseparable from its breakthrough and innovation in polycystic liposome technology, as well as its active exploration and hard work in the internationalization strategy.

The successful case of Hengrui Pharmaceutical has provided a good reference and inspiration for other domestic pharmaceutical companies, and also pointed out the direction for pharmaceutical companies in large eastern countries to explore overseas markets. In the context of fierce competition in the global pharmaceutical market, how should pharmaceutical companies in large eastern countries seize the opportunity to enhance their competitiveness and achieve sustainable development? Let's dive into this topic together.

1. Hengrui Pharmaceutical successfully obtained generic drug approval for bupivacaine liposomal injection

Recently, a news from Hengrui Pharmaceutical has caused a heated discussion in the pharmaceutical industry, and Hengrui Pharmaceutical has successfully obtained the generic drug application of bupivacaine liposome injection approved by the US FDA, becoming the first manufacturer to obtain the approval of generic drugs of this variety in the United States.

Bupivacaine liposomal injection is a local anesthetic drug that is mainly used for analgesic purposes in surgery and obstetric labor pain. Compared with the traditional bupivacaine injection, bupivacaine liposomal injection adopts a polycystic liposomal drug delivery system, which can slowly release the drug to the painful site, thereby prolonging the drug effect time, improving the utilization rate of the drug, and reducing the toxic side effects of the drug.

Due to its good sustained-release effect, bupivacaine liposomal injection has received extensive attention and application in clinical practice, and has also become the clinical first choice of major medical institutions. Due to the complexity of its production process and the existence of technical barriers, the original drug company has monopolized the production and sales of the product, resulting in the supply in the market cannot meet the actual demand, and patients have been in a state of drug shortage for a long time.

In order to solve the problem of drug shortage of bupivacaine liposome injection, pharmaceutical companies in various countries have increased the research and development and production of generic drugs for this product, hoping to enrich the market supply through generic drugs, reduce drug costs, and allow more patients to obtain effective treatment. The successful approval of Hengrui Pharmaceutical for generic drugs of bupivacaine liposome injection undoubtedly provides an important guarantee for the solution of the problem of drug shortage, and also plays a positive role in promoting the safety and effect of drug use for patients.

The reason why Hengrui Pharmaceutical was able to successfully obtain the approval of generic drugs of this variety is inseparable from its deep accumulation and breakthrough innovation in polycystic liposome technology. Polycystic liposome technology is a very cutting-edge and complex technology, with many process flows and influencing variables, which requires enterprises to have very strong R&D strength and technological innovation capabilities, as well as mature commercial production equipment to support its large-scale production.

Domestic pharmaceutical companies have always had certain shortcomings in polycystic liposome technology, which cannot meet the needs of their commercial production, which also brings great challenges to the R&D and production of generic drugs. In the face of various difficulties and challenges, Hengrui Pharmaceutical did not flinch, but through unremitting efforts and exploration, finally achieved a breakthrough in polycystic liposome technology, successfully developed polycystic liposome drugs that meet international standards, and successfully passed the strict review of the US FDA.

The successful case of Hengrui Pharmaceutical has set a good example for other domestic pharmaceutical companies, and has also injected strong confidence and impetus into the development of the domestic pharmaceutical industry. On the road of future development, domestic pharmaceutical companies should increase investment in the research and development of cutting-edge technologies and enhance their own innovation capabilities and core competitiveness, so as to be invincible in the fierce market competition and achieve sustainable development.

2. Hengrui Pharmaceutical actively promotes the internationalization strategy of generic drugs

In addition to making breakthroughs in polycystic liposome technology, Hengrui Pharmaceutical has also successfully opened the overseas market for bupivacaine liposome injection by virtue of its active internationalization strategy, providing important support for its approval of generic drugs in the United States. In recent years, Hengrui Pharmaceutical has been actively promoting the international layout of generic drugs on a global scale, and its products have successfully entered more than 40 countries and expanded many international markets, including Europe and the United States.

60 million R&D expenses leveraged nearly 4 billion market, and Hengrui Pharmaceutical grabbed the world's first imitation

Through the active promotion of the internationalization strategy, Hengrui Pharmaceutical has not only realized the expansion and sales of overseas markets, but also brought about an overall improvement in its reputation and influence in the international pharmaceutical field, laying a solid foundation for its future development. The successful approval of generic drugs in the United States is a great recognition of Hengrui Pharmaceutical's internationalization strategy, and also provides an important guarantee for its overseas sales to reach a new level.

The reason why Hengrui Pharmaceutical can successfully promote the internationalization strategy of generic drugs is inseparable from the strong support of the state for the pharmaceutical industry, and it is also inseparable from its own strong strength and competitive advantage. As a pharmaceutical company with a layout in the field of innovative drugs and generic drugs, Hengrui Pharmaceutical has very strong strength in product development and quality control, and its generic drug products not only have remarkable efficacy, but also can meet international standards in terms of quality and safety, and have been well received by overseas markets and patients.

In addition, Hengrui Pharmaceutical also makes full use of the country's "One Belt, One Road" policy, actively participates in pharmaceutical cooperation and exchanges in various countries, carries out in-depth cooperation with local pharmaceutical companies, jointly promotes the development of the local pharmaceutical industry, and provides local patients with more high-quality and affordable pharmaceutical products. Through such a cooperation model, Hengrui Pharmaceutical has successfully established a good international image, provided important support for the registration and listing of its products, and laid a solid foundation for the implementation of its internationalization strategy.

The successful case of Hengrui Pharmaceutical provides a good reference and inspiration for other domestic pharmaceutical companies. In the context of the growing demand of the global pharmaceutical market, countries have higher and higher requirements for the quality and efficacy of pharmaceutical products, which also poses higher challenges to the innovation ability and international competitiveness of pharmaceutical enterprises. Domestic pharmaceutical companies should actively seize the opportunity of the "Belt and Road" and the national pharmaceutical industry policy, increase the layout and promotion of the internationalization strategy of generic drugs, find an international cooperation model suitable for their own development, expand the international market, and enhance international competitiveness, so as to be invincible in the fierce market competition.

3. Domestic pharmaceutical companies should increase investment in the research and development of generic drug technology

The reason why Hengrui Pharmaceutical was able to successfully obtain the generic drug approval of bupivacaine liposome injection is inseparable from its breakthrough and innovation in polycystic liposome technology. As a very cutting-edge and complex technology, the R&D and application of polycystic liposome technology requires enterprises to have very strong R&D strength and technological innovation capabilities, as well as mature commercial production equipment to support its large-scale production.

Domestic pharmaceutical companies have always had certain shortcomings in polycystic liposome technology, which cannot meet the needs of their commercial production, which also brings great challenges to the production of generic drugs. In the context of the current transformation and upgrading of the pharmaceutical industry, domestic pharmaceutical companies should increase investment in the research and development of cutting-edge technologies and enhance their own innovation capabilities and core competitiveness, so as to be invincible in the fierce market competition and achieve sustainable development.

Domestic pharmaceutical companies should increase investment in the research and development of generic drug technology, actively lay out and study generic drug varieties with market prospects and development potential, and continuously improve their technical level and R&D capabilities in the field of generic drugs through independent R&D or introduction and absorption, so as to lay a solid foundation for the sustainable development of enterprises.

Domestic pharmaceutical enterprises should also strengthen cooperation with scientific research institutes and universities, make full use of the national scientific and technological innovation policies and financial support policies, jointly carry out the research and application of cutting-edge technologies, solve key problems in technological research, promote the transformation and application of scientific research achievements, and provide strong support for the innovation and development of enterprises.

In addition, domestic pharmaceutical companies can also introduce advanced production technology and equipment through cooperation with internationally renowned pharmaceutical companies, improve their own production and manufacturing level, solve various technical problems encountered in the production process of generic drugs, ensure product quality and safety, and provide an important guarantee for the implementation of their internationalization strategy.

4. Domestic pharmaceutical companies should actively respond to national policies and promote the transformation and upgrading of the pharmaceutical industry

At present, the pharmaceutical industry in the eastern country is in a critical period of transformation and upgrading, and the state has put forward a series of support policies and incentive measures, hoping to provide strong support for the high-quality development of the national economy through the development of the pharmaceutical industry, and also bring more benefits and guarantees to the health and well-being of the people.

In this context, domestic pharmaceutical companies should actively respond to the call of the state, increase R&D investment in innovative drugs and generic drugs, lay out the innovation chain covering the entire drug R&D life cycle, and promote the pharmaceutical industry