Benchmarking green chemistry adoption by "big pharma" and generics manufacturers. Issue 5 (3rd July 2017)
- Record Type:
- Journal Article
- Title:
- Benchmarking green chemistry adoption by "big pharma" and generics manufacturers. Issue 5 (3rd July 2017)
- Main Title:
- Benchmarking green chemistry adoption by "big pharma" and generics manufacturers
- Authors:
- Veleva, Vesela
W. Cue Jr, Berkeley - Abstract:
- Abstract : Purpose: The purpose of this paper is to benchmark current adoption of green chemistry (GC) practices by the innovative and generic pharmaceutical companies and examine the drivers, barriers and future opportunities. Design/methodology/approach: The authors examined publicly available data for the top 10 "big pharma" and top ten generic drug manufacturers. Using the IQ Green Chemistry working group framework for effective GC programs, they scored each of the 20 companies in seven key areas. Findings: The study finds that generic drug companies have not embraced GC at the level of the innovative pharmaceutical companies (average GC score of 2 vs 11 for "big pharma"). Top two barriers for them include: lack of pressure and incentives, and the burdensome regulatory process for making changes in the manufacturing process. Research limitations/implications: The research is based on publicly disclosed information. It is possible that some generic drug manufacturers have begun to work internally on GC but have not disclosed externally yet. Future research should include a survey or interviews of generic drug manufacturers. Practical implications: The company-level analysis, benchmarking framework and results are of value for researchers and practitioners interested in advancing greater adoption of GC by the pharmaceutical industry. Originality/value: This study provides the first company-level benchmarking of GC adoption by the largest innovative and generics drugAbstract : Purpose: The purpose of this paper is to benchmark current adoption of green chemistry (GC) practices by the innovative and generic pharmaceutical companies and examine the drivers, barriers and future opportunities. Design/methodology/approach: The authors examined publicly available data for the top 10 "big pharma" and top ten generic drug manufacturers. Using the IQ Green Chemistry working group framework for effective GC programs, they scored each of the 20 companies in seven key areas. Findings: The study finds that generic drug companies have not embraced GC at the level of the innovative pharmaceutical companies (average GC score of 2 vs 11 for "big pharma"). Top two barriers for them include: lack of pressure and incentives, and the burdensome regulatory process for making changes in the manufacturing process. Research limitations/implications: The research is based on publicly disclosed information. It is possible that some generic drug manufacturers have begun to work internally on GC but have not disclosed externally yet. Future research should include a survey or interviews of generic drug manufacturers. Practical implications: The company-level analysis, benchmarking framework and results are of value for researchers and practitioners interested in advancing greater adoption of GC by the pharmaceutical industry. Originality/value: This study provides the first company-level benchmarking of GC adoption by the largest innovative and generics drug manufacturers. It contributes to the literature on the barriers and drivers for greater adoption of GC. … (more)
- Is Part Of:
- Benchmarking. Volume 24:Issue 5(2017)
- Journal:
- Benchmarking
- Issue:
- Volume 24:Issue 5(2017)
- Issue Display:
- Volume 24, Issue 5 (2017)
- Year:
- 2017
- Volume:
- 24
- Issue:
- 5
- Issue Sort Value:
- 2017-0024-0005-0000
- Page Start:
- 1414
- Page End:
- 1436
- Publication Date:
- 2017-07-03
- Subjects:
- Benchmarking -- Sustainability -- Pharmaceutical industry -- Generic drug manufacturers -- Green chemistry
Benchmarking (Management) -- Periodicals
Total quality management -- Periodicals
658.562 - Journal URLs:
- http://info.emeraldinsight.com/products/journals/journals.htm?id=bij ↗
http://www.emeraldinsight.com/1463-5771.htm ↗
http://www.emeraldinsight.com/journals.htm?issn=1463-5771 ↗
http://www.emeraldinsight.com/ ↗ - DOI:
- 10.1108/BIJ-01-2016-0003 ↗
- Languages:
- English
- ISSNs:
- 1463-5771
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 1891.290270
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 2399.xml