Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case

This report is based on an internship undertaken at Bayer Healthcare, Berlin. The scope of the internship and report was to analyze the feasibility and financial viability of expanding an existing brand in the Bayer portfolio called Ilomedin into a different and unrelated medical indication. Data co...

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Main Author: Wetzel, Carolin
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23712/
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author Wetzel, Carolin
author_facet Wetzel, Carolin
author_sort Wetzel, Carolin
building Nottingham Research Data Repository
collection Online Access
description This report is based on an internship undertaken at Bayer Healthcare, Berlin. The scope of the internship and report was to analyze the feasibility and financial viability of expanding an existing brand in the Bayer portfolio called Ilomedin into a different and unrelated medical indication. Data collection for the business case was primarily facilitated by interviewing Key Opinion Leaders from the medical fraternity and from internal Bayer resources as well as from published literature on the concerned topic. Literature review pertaining to the project was carried out largely on the topics of lifecycle management, new product development and forecasting. This report begins by analyzing Ilomedin´s current stage in its lifecycle. It then analyses the current debate and discusses the merits of Ilomedin as a preventive medication for contrast-induced nephropathy (CIN). By reviewing certain theories, constructs and models of new product development, this report discusses the merits and demerits for the expansion of the use of Ilomedin as a preventive care for a new indication, i.e. CIN, at the current stage in its lifecycle. For the financial analysis we use certain forecasting tools to project the profit & loss and discounted cash flows to gauge the viability of the project. Finally, this project brings to light the need for having a dedicated development process for expansion of in-market drugs into new indications, especially in a capital intensive industry like pharmaceuticals.
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spelling nottingham-237122018-03-22T10:49:59Z https://eprints.nottingham.ac.uk/23712/ Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case Wetzel, Carolin This report is based on an internship undertaken at Bayer Healthcare, Berlin. The scope of the internship and report was to analyze the feasibility and financial viability of expanding an existing brand in the Bayer portfolio called Ilomedin into a different and unrelated medical indication. Data collection for the business case was primarily facilitated by interviewing Key Opinion Leaders from the medical fraternity and from internal Bayer resources as well as from published literature on the concerned topic. Literature review pertaining to the project was carried out largely on the topics of lifecycle management, new product development and forecasting. This report begins by analyzing Ilomedin´s current stage in its lifecycle. It then analyses the current debate and discusses the merits of Ilomedin as a preventive medication for contrast-induced nephropathy (CIN). By reviewing certain theories, constructs and models of new product development, this report discusses the merits and demerits for the expansion of the use of Ilomedin as a preventive care for a new indication, i.e. CIN, at the current stage in its lifecycle. For the financial analysis we use certain forecasting tools to project the profit & loss and discounted cash flows to gauge the viability of the project. Finally, this project brings to light the need for having a dedicated development process for expansion of in-market drugs into new indications, especially in a capital intensive industry like pharmaceuticals. 2010-09-08 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23712/1/MBA_Management_Project_-_Carolin_Wetzel_%28Student_ID_4109982%29.pdf Wetzel, Carolin (2010) Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Wetzel, Carolin
Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case
title Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case
title_full Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case
title_fullStr Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case
title_full_unstemmed Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case
title_short Estimation of Sales Potential for ILOMEDIN in Prevention of Contrast – Induced Nephropathy (CIN): A Business Case
title_sort estimation of sales potential for ilomedin in prevention of contrast – induced nephropathy (cin): a business case
url https://eprints.nottingham.ac.uk/23712/