The Patent Cliff And Changes In The Pharma Industry

When you decide to buy fish oil, you can purchase from an health store or a pharmacy. Why is that? Well for years, actually decades, the complimentary health industry have been aware of the outstanding benefits of omega 3 fatty acids. Even our unscientific mums and grand mothers knew about them. But medical science requires proof and expensive time consuming trials. We are glad to say that the old wives tales have now been given the heads up by medical science and also the sports industry.



Every so-called 'solution' being discussed calls for us finding a way to afford health care. Guess what? It can't be done! Nor should it be. Hear me out.



Recently I read a very interesting article about a school that changed the diets of the attending students, and by this simple change only, the entire attitude and moral outlook of the students was changed. It was very simple! They took out all the soda machines, and replaced them with water fountains. They eliminated hamburgers and fries and similar pharma news poor diet foods and emphasized fruits and veggies. Lo, and behold, the school which had previously been shunned by teachers because of unruly students was completely changed! Students were calm, quiet, and learned more and better than other schools in the area. Acts of violence or vandalism were get more info eliminated. There are several other similar studies which school boards do not pay enough attention to.

Value investors look for companies that have seen success, seen that success diminish (due to everything from too many recalls to a CEO who's brought in as a "fixer") and buy these dogs cheap. It's a form of contrarian investing. When everyone is buying, you be a seller and when the herd is selling, buy up good companies at steep discounts.

When I'm mentoring people who want to get hired in this industry, the first thing I always tell them is this, "You should be networking while the world is awake and researching while they sleep." The pharmaceutical sales search is a full time job. Just ask anyone who's done it with success. Every minute you have that can't be spent networking can be spent researching.

One of the major research findings is that food intolerance is rising at a rapid rate and that it is being linked to triggering chronic disease. Food intolerance rates are rising due to our current lifestyles which include processed foods, pesticides on our healthy foods, alcohol and medication consumption (antibiotics/contraceptive pill), stress, chemicals and toxins in our environment and more. Yet if you go to your doctor with a migraine, they'll reach for the prescription pad rather than analyse your diet and possible food intolerances.

Advertising seems to always add to the final cost, when you come to buy fish oil. The good news is that some suppliers have grown their reputation through word of mouth, thus minimizing advertising and marketing costs altogether. Word of mouth bespeaks absolute quality, it is the best form of free promotion.

As you start doing these four things you'll quickly find that there are numerous other habits you could form that would help you learn more about the pharmaceutical industry. Do those too. As with anything, the more you put into your search, the more you'll get out of it. But, um, don't forget to have a life!

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