Preprint / Version 1

The Industrial Structure of Bio-Pharmaceutical Industry

Projected Based on Quantitative Analysis

##article.authors##

  • Tetsuya Miyashige National Institute of Technology, Toyama College, Department of International Business
  • Atsushi Fujii The University of Kitakyushu, Faculty of Economics and Business Administration

DOI:

https://doi.org/10.51094/jxiv.771

Keywords:

Industrial Structure, Bio-Pharmaceutical Industry, difference with low-molecular drug, quantitative analysis

Abstract

We try to quantify numerical variation across biopharmaceutical companies in terms of their patent acquisition activities. We collected patent data for six companies from 1971 to 2012. Our patent data is classified into six categories: new antibodies, antibody optimization, formulation, manufacturing, other underlying technologies, and antibody products. A principal component analysis finds three major components. The first component is an overall bio-patent activity. This characteristic is often observed in many bio-ventures. The second component reflects the tendency towards more patents on antibody product than patents on new antibodies or optimization. This characteristic is observed in large biopharmaceutical companies. The third is the tendency towards the formulation and manufacturing. This feature can be seen in very limited number of firms, and characterizes the bio industry market.

Conflicts of Interest Disclosure

The authors declare no conflicts of interest associated with this manuscript. The authors have no conflicts of interest directly relevant to the content of this article.

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Posted


Submitted: 2024-06-25 08:20:23 UTC

Published: 2024-07-01 01:08:22 UTC
Section
Economics, Business & Management