012 - Taking Medicines Back to The Future – A Discussion with Hedley Rees on Value Chain vs. Supply Chain: What's the Difference? - a podcast by Ed Narke, Meranda Parascandola
from 2020-10-16T10:00
What We Covered
- 00:59 – Hedley Rees joins the show to share his background in the pharmaceutical industry, his thoughts on Big Pharma and issues he’s observed with medicine coming to market
- 09:43 – Hedley speaks to the importance of designing supply chains strategically and why your supply chain is actually your value chain
- 17:51 – Hedley discusses outsourcing in the pharmaceutical industry
- 24:07 – Hedley provides his thoughts on Quality by Design (QBD), including changes that must be made to the process
- 39:22 – Hedley shares some of his upcoming projects
- 42:27 – Ed, Brian and Meranda thank Hedley for joining the show
Tweetable Quotes
“If they all beat together at the same time, instead of taking sixteen years for penicillin to come to market it would take maybe four years.”
“The main point between strategic supply team management is you actually engage with the end user of your product the same way as Apple would or any company who really builds value into their products.”
“The value that you add – the money you bring in – has got to be less than the cost that you incur in the business and then you obviously make a profit grow.”
“In terms of procurement, the industry has outsourced this critical asset.”
“The problem with pharma is that there is no competition because once you’ve got a patented molecule approved, the most that’s gonna happen is you get an oligopoly where two or three companies make blockbuster revenue.”
“The body is the most complex, connected thing in the world.”
“The other thing that people have noticed is that you can develop a drug now without being a pharma company.”
Relevant Links
Design Space InPharmatics - LinkedIn
Design Space InPharmatics - Twitter
Hedley’s Book – Taming the Big Pharma Monster By Speaking Truth to Power
Cutting Through the QBD Foliage, Aiming for the Roots Article
Further episodes of CMC Live - Chemistry, Manufacturing
Further podcasts by Ed Narke, Meranda Parascandola
Website of Ed Narke, Meranda Parascandola