Global Brands Research & Development
We devote significant resources to the R&D of brand products and proprietary drug delivery technologies. A number of our brand products are protected by patents and have enjoyed market exclusivity. We incurred Global Brands segment R&D expenses of approximately $102 million in 2010, $57 million in 2009 and $51 million in 2008.
Our Global Brands R&D strategy focuses on the following product development areas:
- The application of proprietary drug-delivery technology for new product development in specialty areas; and
- The acquisition of mid-to-late development-stage brand drugs.
We are presently developing a number of brand products, some of which utilize novel drug-delivery systems, through a combination of internal and collaborative programs. We also acquired Eden, a company involved in biologics research and development.
Products in the brand pipeline include Prochieve® 8% for the prevention of pre-term birth in women with a short cervix, as well as two novel long-acting contraceptives in late stage development, a progestin-only patch and a vaginal ring. We also have a number of products in development as part of our life-cycle management strategy on our existing product portfolio.
