Blockbuster Drugs: The Rise and Fall of the Pharmaceutical Industry

Hardcover | December 11, 2013

byJie Jack Li

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Blockbuster drugs - each of which generates more than a billion dollars a year in revenue - have revolutionized the industry since the early 1980s, when sales of Tagamet alone transformed a minor Philadelphia-based firm into the world's ninth-largest pharmaceutical company. In BlockbusterDrugs, Jie Jack Li tells the fascinating stories behind the discovery and development of these highly lucrative medicines, while also exploring the tumult the industry now faces as the "patent cliff" nears. Having spent most of his career in drug research and development, Li brings an insider's eye to the narrative as he recounts the tales of discovery behind such drugs as Tagamet, Zantac, Claritin, Prilosec, Nexium, Serouquel, Plavix, and Ambien. As he discusses each breakthrough, Li also shows thatscientific research is filled with human drama - serendipitous discoveries, sudden insights, tense confrontations. For instance, the author tells of James Black, who persisted in the research that led to Tagamet - and that would ultimately win him a Nobel Prize - despite pressure from top executivesto pursue "more profitable" work. The book shows how research behind Prilosec combined creativity, international cooperation, and luck - the turning point being a chance encounter of American and Swedish scientists at a conference in Uppsala. There are also tales of fabulous rewards - George Rieveschl, the chemist who inventedBenadryl, made a fortune on royalties - and of unjust desserts. Finally, Li shows that for the world's largest prescription drug manufacturers, recent years have been harrowing, as many popular drugs have come off patent in the U.S. market, meaning hundreds of billions of dollars in lost revenue. Anyone who enjoys tales of scientific discovery, or is curious about the history behind the prescriptions they take, or wants a revealing inside look at the pharmaceutical industry will find this book well worth reading.

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From the Publisher

Blockbuster drugs - each of which generates more than a billion dollars a year in revenue - have revolutionized the industry since the early 1980s, when sales of Tagamet alone transformed a minor Philadelphia-based firm into the world's ninth-largest pharmaceutical company. In BlockbusterDrugs, Jie Jack Li tells the fascinating stories...

Jie Jack Li was a drug discovery chemist at Bristol-Myers Squibb Company. He is the author of Triumph of the Heart: The Story of Statins (Oxford, 2009), Modern Organic Synthesis in the Laboratory (Oxford, 2007), and Laughing Gas, Viagra, and Lipitor: The Human Stories Behind the Drugs We Use (Oxford, 2006).

other books by Jie Jack Li

Modern Drug Synthesis
Modern Drug Synthesis

Kobo ebook|Mar 27 2013

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Format:HardcoverDimensions:240 pages, 9.25 × 6.12 × 0.98 inPublished:December 11, 2013Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199737681

ISBN - 13:9780199737680

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Table of Contents

1. Before the Age of Blockbuster Drugs2. The Beginning of an Era - The First Blockbuster Drug Tagamet3. More Blockbuster Drugs for Ulcer4. Antihistamines as Allergy Medicines5. Blood Thinners, From Heparin to Plavix6. Conquest of Pain - Analgesics: from Morphine to Lyrica7. LessonsBibliographyAppendixIndex