Pharmaceutical companies of all shapes and sizes were recognised at the 5th Annual Scrip Awards this month.
Schering-Plough – now part of Merck – was named Large Pharma Company of the Year, as the judges ruled that the year has seen the company transform into a diversified, financially stable global healthcare company and prime acquisition target.
Pharma Company of the Year (Small and Medium-sized Enterprises) was awarded to Archimedes Pharma, a company at the ’small’ end of the SME range.
Scrip World Pharmaceutical News hosted the event at London’s Grosvenor House Hotel, which saw more than 600 guests gather to pay tribute to their peers within the pharmaceutical industry.
“This year’s Scrip Awards achieved our aim of highlighting the many outstanding achievements in the field of drug development, despite the gruelling financial climate,” said Alex Shimmings, Editor of Scrip.
While no one company dominated the ceremony, Amgen and Novartis were the night’s biggest winners, each collecting two awards.
Amgen won the Best New Drug Award for its first-in-class thrombopoietin mimetic agent Nplate (romiplostim), which provides a novel approach for the treatment of chronic immune (idiopathic) thrombocytopenic purpura (ITP).
Amgen also triumphed in the Best Overall Pipeline Award. “Amgen’s pipeline, though not the largest with around 50 molecules in development, caught the judges’ eyes particularly for its focus on unmet clinical need and market potential,” explained Shimmings. “Many of its target pathways have never previously been addressed in humans.”
Novartis was awarded Best Partnership Alliance for its strategic 10-year alliance with Lonza, aimed at accelerating the development and clinical production of Novartis’s biologics pipeline. The judges felt that this form of ‘strategic outsourcing’, which sees a strong R&D-based company linked with a strong biologics manufacturer over a long period, was likely to set a precedent for the coming years.
Novartis’s Executive Committee was also recognised as Scrip’s Management Team of the Year for improved organisational efficiencies, cost savings of £1.3 billion and more regulatory approvals than all of its competitors in the qualifying 12 months.
Other highlights of the evening included the Executive of the Year award, which went to Abbott CEO Miles White, and the acknowledgement of Professor George Poste CBE, former SmithKline executive and founder of the Biodesign Institute at Arizona University, with Scrip’s Lifetime Achievement Award.
GlaxoSmithKline also featured among the night’s winners. Shimmings added: “Scrip’s Corporate Social Responsibility award is a way for the industry to make a difference beyond its core business aims, often in some of the poorest parts of the world. This year’s award was presented to GlaxoSmithKline for its ‘Big Pharma as a Catalyst for Change’ programme, the core of a long-term initiative aimed at rethinking how the pharmaceutical industry operates in the developing world.”