Archive for the ‘Press Releases’ Category

Is Japan a Lead Market for Age-Based Innovations?

Wednesday, September 18th, 2013

要旨 | 申し込み | 場所 | 地図 | 研究プロ-ジェクト

2013年09月26日 | 6.30 P.M.

Cornelius Herstatt, Professor, Hamburg University of Technology (TUHH)

Many developed countries including Japan are undergoing comprehensive demographic change, marked by a growing share of elderly people. Product and service innovation can play a role in coping with the resulting societal challenges, especially when these help to support the preservation of elderly people’s personal autonomy. The range of these age-specific innovations is enormous and includes, for example, mobility aids and household devices but also special financial products.

(more…)

Grassroot Innovations: New Opportunities for Indo-German Cooperation?

Saturday, September 3rd, 2011

India Week Hamburg 2011

[ India Week @ TIM/TUHH ] [ Grassroot Event ] [ GIRT Events ] [ Press ] [ Contact ]

[ Background ] [ Event Concept ] [ Agenda ] [ Venue & Date ] [ Registration ] [ Partners ] [ Downloads ]

Background

Last few years have seen the rise of several new and dynamic paradigms in innovation management, e.g. the “Bottom of the Pyramid” (BOP) or “Frugal Innovations”. These seek to motivate firms to develop affordable and good-quality products for rural and/or poor customers especially in developing economies. Such ideas, though admirable in their own right, have in many instances however failed to fully appreciate and utilize the power of innovative ideas and the rich heritage of traditional knowledge emerging at “grassroots” from common people.

Rather than selling to poor, as BOP implies, Honey Bee Network – an initiative from India – insists on buying from people, helping them disseminate a lot of creative knowledge as public goods, and/or as platforms for collective co-creation of location specific solutions. “Poor people are not sink, but source of ideas, innovations and initiatives,” says Prof. Anil Gupta of the Indian Institute of Management (IIM) in Ahmedabad, in a thought-provoking statement (see a collection of media reports on grassroot innovations).

Many local users in rural areas come up with inventions that are not only innovative and useful but also less expensive than the usual solutions available in the market. Another important feature of grassroot innovations is that they are generally environment friendly and in sync with the given infrastructural conditions. Examples of such innovations include water-based cooling systems that do not require electricity, or non-sticky frying pans made of earth. The idea of “grassroot innovations” has been popularized by untiring and inspiring efforts of Prof. Anil Gupta, winner of Star of Asia – Opinion Shaper award of ” Business Week” magazine in 2001 and called “Gandhi of Technology” by the reputed German magazine “Der Spiegel”. Grassroot innovations are being fostered by institutions like the National Innovation Foundation (NIF), SRISTI and the Honey Bee Network in India.

The Institute of Technology and Innovation Management at Hamburg University of Technology (TIM/TUHH) has recognized the potential of this paradigm, both, for the practice of innovation management in firms and for giving an impetus to Indo-German cooperation in fields of science & technology, and business. There are several studies currently under progress at TIM/TUHH to survey the potential implications of grassroots innovations.

Event Concept

TIM/TUHH, together with the German-Indian Round Table (GIRT) Hamburg and some other partners, e.g. the National Innovation Foundation of India and the Hamburg Chamber of Commerce (see Partners), will hold a workshop during the India Week Hamburg 2011 to explore and demonstrate the vast cooperation opportunities for German firms, especially small and medium-sized ones, to assist the inventors with technical and marketing know-how. Mutual benefit can be found, for instance, in the giant domestic Indian market as well as in international marketing of such products in other corresponding markets of Africa, Latin America and Asia. In some cases, e.g. herbal medicines, it might even be possible to introduce the products in Germany or other developed countries. Prof. Anil Gupta is scheduled to deliver the keynote address and to participate in a panel discussion.

Agenda

The event will be inaugurated by Prof. Dr. Garabed Antranikian, President of the Hamburg University of Technology and Mrs. M. Subashini, the Hon’ble Consul General of India in Hamburg. We have confimed participation of Prof. Anil Gupta (National Innovation Foundation, Ahmedabad) and Prof. Luc Soete (UNU-MERIT, the Netherlands). For further details please see:

Draft Agenda (PDF, 71 KB) as on: 07.09.2011.

Venue & Date

Venue: Plenarsaal, Hamburg Chamber of Commerce

Date: Thursday, 20th October 2011, 12:00 – 18:00h.

Registration

The event is intended primarily for business firms, scientific and research community, institutional players and other interested person with an interest in the field of grassroot innovations, the so-called “Bottom of the Pyramid”, frugal engineering and in Indo-German an/or Indo-Euroean cooperation. Participation is free of charge. However, due to limited number of seats we require a binding pre-registration for the event. The registration will be possible between 5th September to 14th October.

Event Partners

Organizers: Hamburg University of Technology (Institute for Technology and Innovation Management), German-Indian Round Table (GIRT) Hamburg, National Innovation Foundation (Ahmedabad/India), Hamburg Chamber of Commerce

Event Sponsor: Mahindra Satyam

Media Partner: Indien Aktuell

Cooperation Partner: Hamburg section of the German-Indian Society (Deutsch-Indische Gesellschaft e.V.)

Downloads

Event Description (English): PDF, 313 KB

Veranstaltungsbeschreibung (German): PDF, 275 KB

 

[Download India Week Flyer, PDF, approx. 4 MB] [Download Program Booklet, PDF, approx. 1.4 MB]

India Week Hamburg 2011: Events with Participation of German-Indian Round Table (GIRT) Hamburg

Saturday, September 3rd, 2011

India Week Hamburg 2011 Logo (English)GIRT

[ India Week @ TIM/TUHH ] [ Grassroot Event ] [ GIRT Events ] [ Press ] [ Contact ]
The German-Indian Round Table (GIRT) Hamburg is one of the founding partners of the India Week in Hamburg. Since Feb. 2010 Rajnish Tiwari heads GIRT Hamburg in an honorary capacity and in this role he, and inter alia also TIM/TUHH, have the opportunity to make an even greater contribution to the India Week Hamburg. GIRT Hamburg, apart from being co-organizer of the India Week as a whole is also involved as host and/or partner of the following events this year:


  • Current Trends Concerning Business With India
    (Monday, 17.10.2011, 09:30 – 15:45, Handelskammer Hamburg, Albert Schäfer Saal

    The Indian economy is witnessing above average growth – and you too can be a part of this growth story! Numerous sectors in India are planning huge investments to extend their capacities. This development offers interesting opportunities for companies in Hamburg as well. However, the Indian market is quite challenging, and companies should prepare themselves carefully.

    The inaugural event of the India Week in Hamburg this year will be organized jointly by the Hamburg Chamber of Commerce, the German Asia-Pacific Business Association (OAV), the German-Indian Round Table (GIRT) and the Indo-German Chamber of Commerce (IGCC). It will inform about recent developments in various sectors as well as about important changes in legal and taxation matters. The participants may expect valuable hints regarding market entry strategies, recruitment of qualified staff, cross-cultural aspects, and intellectual property regulations. Managers and practitioners from several renowned companies will share their experiences in diverse branches such as engineering, logistics and consumer goods.

  • Europe’s Relations with India: New Impulses for the Cooperation of Democratic States
    (Tuesday, 18.10.2011, 18:00 – 20:00, Museum für Kunst und Gewerbe, Spiegelsaal

    The EU and India already enjoy a close relationship based on shared values and mutual respect. Ever since the first summit of the EU and India in Lisbon in the year of 2000, India’s relations with the EU have steadily intensified on a political, geopolitical and economic level, as well as in respect to trade policy. So what are the challenges, chances and expectations the EU and India have with regard to a strategic partnership in the era of the 21st century?

    [ Event Flyer, PDF, 1.3 MB ] [ Direct link to Event Partner Europa Union ]

  • Grassroot Innovations: New Opportunities für Indo-German Cooperation?
    (Thursday, 20.10.2011, 12:00 – 18:00, Handelskammer Hamburg – Plenarsaal

    Many local users in rural areas come up with inventions that are not only innovative and useful but also less expensive than the usual solutions available in the market. Another important feature of grassroot innovations is that they are generally environment friendly and in sync with the given infrastructural conditions. Examples of such innovations include water-based cooling systems that do not require electricity. The idea of “grassroot innovations” has been popularized by untiring and inspiring efforts of Prof. Anil Gupta, called “Gandhi of Technology” by the reputed German magazine “Der Spiegel”. Grassroot innovations are being fostered by institutions like the National Innovation Foundation (NIF), SRISTI and the Honey Bee Network in India.

    The Institute of Technology and Innovation Management at Hamburg University of Technology, together with the Hamburg chapter of German-Indian Round Table (GIRT), will hold a symposium during the India Week Hamburg to explore and demonstrate the vast cooperation opportunities for German firms, especially small and medium-sized ones, to assist the inventors with technical and marketing know-how. Mutual benefit can be found, for instance, in the giant domestic Indian market as well as in international marketing of such products in other corresponding markets of Africa, Latin America and Asia. In some cases, e.g. herbal medicines, it might even be possible to introduce the products in Germany or other developed countries. Prof. Anil Gupta is scheduled to deliver the keynote address and to participate in a panel discussion. Other (cooperation-) partners of the event include the Hamburg Chamber of Commerce, National Innovation Foundation of India, the Hamburg chapter of German-Indian Society, and Mahindra Satyam.

    [ Direct link to the event ]

  • Dance with the Tiger – Intercultural Challenges Concerning Business with India
    (Thursday, 20.10.2011, 17:30 – 20:00, KWB Koordinierungsstelle Weiterbildung und Beschäftigung e.V., Haus der Wirtschaft, II. Stock

    The Indian Tiger has awakened. Whoever wants to compete with him needs to sharpen his claws. For, as promising the predictions may be, progress reports of both German and Indian businessmen have shown: despite good preparation, several aspects between German-Indian cooperation often times turn out rather “differently” than expected… Together with various experts, businessmen and managers with the respective India-experience, carefully examine some success factors and stumbling blocks of German-Indian cooperation projects. Draw the necessary conclusions for entrepreneurial practice. Lecturers: Sujata Banerjee, Surja Bose, Surya Bose, Rudolf Weiler (requested) and more.

[Download India Week Flyer, PDF, approx. 4 MB] [Download Program Booklet, PDF, apprx. 1.4 MB]

Next meeting of GIRT Hamburg on 5th Sept. 2011

Saturday, August 13th, 2011

Hamburg is further extending its relations with India. The Hanseatic city will be celebrating the “India Week Hamburg” from 16 to 23 October of this year. German-Indian Round Table (GIRT) Hamburg invites its “participants” and other interested persons to its next meeting on September 5th, 2011 to provide detailed information about a week that is set to celebrate India and Indo-Hamburg relations.
We are pleased that Ms. Henriette Hintelmann (International Co-operation Division, Senate Chancellery of Free and Hanseatic City of Hamburg) and Mr. Johannes Freudewald (Spokesperson of the India Week Hamburg 2011) will elaborate on the activities planned for a fascinating and rich programme for the India Week covering various aspects such as the culture, social & political issues and economy.
We will of course also dedicate some time to other current issues related to Indo-German relations. The event will also provide the participants an opportunity to share thoughts and do “networking”.
The event will take place on Monday, 5th Sept. 2011, at 18:30h in Hotel Baseler Hof (Esplanade 11, 20354 Hamburg). As usual, the meeting takes place in the form of a “Stammtisch”, whereby each participant is expected to consume his or her evening meal at the meeting and pay for own consumption of food and beverages. This is a part of the arrangement with the event venue that allows us not to charge a participation fee.
Participation in this event is possible by invitation. Those interested in receiving an invitation may write to tiwari@tuhh.de by August 31, 2011. Since seating capacity is limited we require binding registration and will send the confirmed participants a written affirmation of the registration prior to the event.

Report forecasts global spending on medicines to cross $1.1 trillion by 2015

Tuesday, June 21st, 2011

Press Release

Slowing Growth in Developed Markets as Patent Expiries and Policy Changes Take Hold

PARSIPPANY, NJ, May 18, 2011 – The IMS Institute for Healthcare Informatics today reported that global spending for medicines will reach nearly $1.1 trillion by 2015, reflecting a slowing compound annual growth rate of 3-6 percent over the next five years. This compares with 6.2 percent annual growth over the past five years. Lower levels of spending growth for medicines in the U.S., the ongoing impact of patent expiries in developed markets, continuing strong demand in pharmerging markets, and policy-driven changes in several countries are among the key factors that will influence future growth, according to the IMS Institute’s new study, The Global Use of Medicines: Outlook Through 2015.

“The future level of spending on medicines has striking implications for healthcare systems and policy makers across the developed and emerging economies,” said Murray Aitken, executive director, IMS Institute for Healthcare Informatics. “Past patterns of spending offer few clues about the level of expected growth through 2015. There are unprecedented dynamics at play, which are driving rapid shifts in the mix of spending by patients and payers between branded products and generics, and across both developed and pharmerging markets.”

In its latest analysis, the IMS Institute identifies the following dynamics:

  • Brands accelerate their decline in share of spending. While aging populations in developed markets will continue to drive incremental spending on brands, this will be more than offset by the impact of patent expiries. As a result, spending for branded products in developed markets will remain at the same level in 2015 as in 2010. Globally, market share for branded medicines, which fell from 70 percent in 2005 to 64 percent in 2010, is expected to decline further through 2015, to 53 percent. While growth for branded products in the emerging markets will be robust, 80 cents of every dollar spent on medicines in these markets in 2015 will be for generics.
  • Unprecedented level of patent expiries brings “patent dividend” to developed markets. Expiring patents for branded products will yield $98 billion in net savings to payers in developed countries through 2015, compared with $54 billion in savings realized in the five years to 2010. Patent expiries will save payers $120 billion by 2015, offset by $22 billion of expected generic spending for these medicines. Among developed markets, the U.S. will experience the largest expansion of generic spending, while Japan will continue to have the lowest share despite significant policy incentives to increase generic prescribing and dispensing.
  • Novel therapies address unmet patient needs. Recent and upcoming launches of new medicines will bring important new treatment options to extend or improve patients’ quality of life. These include: oral medications for multiple sclerosis with increased efficacy and patient convenience; two recently launched treatments for arrhythmia that expand therapy options for the first time in decades; treatments for metastatic melanoma that improve survival rates; and the first therapeutic prostate cancer vaccine, a breakthrough advance in personalized medicine.
  • Pharmerging markets approach U.S. levels of spending on medicines. Over the next five years, the pharmerging markets are expected to nearly double their spending on medicines, to $285-315 billion, compared with $151 billion in 2010. This will be fueled by strong economic growth and governments’ commitment to expanded healthcare access. The IMS Institute forecasts that by 2015, the pharmerging markets will become the second largest geographic segment globally in spending on medicines – surpassing Germany, France, Italy, Spain and the U.K. combined, and approaching U.S. levels.
  • Health policy decisions affect spending in the long term. 2010 policy decisions that will affect spending for medications during the next five years include: the passage of the Affordable Care Act in the U.S., which will expand health insurance coverage to 25-30 million Americans; price controls in China to ensure the sustainability of universal coverage; Japan’s first price cut under its new protected innovative products policy; price reductions to generics and off-patent products in Spain and Italy; and mandatory cost-benefit evaluations for new products in Germany. Additionally, rebates and discounts, which are not reflected in IMS audits, are being applied more extensively by public and private payers, particularly in the U.S., France and Germany. The amount of these off-invoice discounts in 2010 is estimated to be $60-65 billion, and will rise to $65-75 billion by 2015.
  • Biosimilars evolve rapidly, but adoption limited. By 2015, the IMS Institute expects spending on biosimilars to exceed $2 billion annually, or about 1 percent of total global spending on biologics. New biosimilars are expected to enter the U.S. market by 2014, and European markets will see additional biosimilar molecules introduced during this period. This will accelerate spending for biosimilars over the 2010 level of $311 million.

The IMS Institute also identified the leading therapeutic classes in 2015. These include: Oncology, which is expected to remain the leading therapy class but with slowing growth of 5-8 percent as existing targeted therapies already have been widely adopted; diabetes treatments, where spending is forecast to be 4-7 percent, driven by the rising prevalence of the disease and by the uptake of newer oral antidiabetic agents; asthma and COPD treatments, where growth is expected to slow to 2-5 percent; and lipid regulators, where spending will fall to $31 billion in 2015 from $37 billion in 2010

Said Aitken, “Over the next five years, we’ll not only see total spending exceed $1 trillion, but payers will be managing a significant patent dividend while emerging market governments seek to expand treatment options to more patients. All of this will require that healthcare stakeholders engage in a truly meaningful dialogue as they seek the common goal of increased access, cost reductions and better outcomes.”

To access the IMS Institute report, The Global Use of Medicines: Outlook Through 2015, go to http://www.theimsinstitute.org. The study also features additional details related to global country rankings, spending on medicines in the developed and pharmerging markets, and forecast summaries on spending by country.

Analyses conducted for The Global Use of Medicines: Outlook Through 2015 report are based on IMS audits and include all types of biopharmaceuticals, including biologics, OTC, and traditional medicines distributed and administered through regulated delivery systems such as pharmacies, hospitals, clinics, physician offices, and mail order, where applicable. Spending figures are derived from IMS Market Prognosis™ and are reported at ex-manufacturer estimated prices that do not reflect off-invoice discounts and rebates. IMS MIDAS™, Lifecycle™ R&D Focus, Lifecycle™ New Product Focus, PharmaQuery™ and Therapy Forecaster™ were also used for assessing worldwide healthcare markets, therapy class and product dynamics and country-level pricing and reimbursement complexities. More detail on information sources is included in the report.

About the IMS Institute for Healthcare Informatics
The IMS Institute for Healthcare Informatics provides key policy setters and decision makers in the global health sector with unique and transformational insights into healthcare dynamics derived from granular analysis of information. It is a research-driven entity with a worldwide reach that collaborates with external healthcare experts from across academia and the public and private sectors to objectively apply IMS’s proprietary global information and analytical assets. More information about the IMS Institute can be found at: http://www.theimsinstitute.org.

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Source of this press release: Click here