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The uncertainty facing pharmaceutical wholesalers

A SlideShare tapping into situation for pharmaceutical wholesalers in 2016.

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The uncertainty facing pharmaceutical wholesalers

  1. 1. The Uncertainty Facing Pharmaceutical Wholesalers in 2016 Jeff Nevil
  2. 2. Pharmaceutical Wholesaling in the UK Industry Statistics: 2,339 Businesses 66,906 Employees £37bn Revenue Source: research/pharmaceutical-wholesaling.html
  3. 3. Pharmaceutical Wholesaling in the US Industry Statistics: 10,462 Businesses 206,792 Employees $168bn Revenue Source: d=930
  4. 4. It’s been a significant year… Let’s recap.  The 2016 Olympics  Zika Virus Outbreak in South America  Continuation of the Ebola Outbreak in Africa  Brexit – Great Britain votes to leave the European Union  Theresa May becomes British Prime Minister  Hilary Clinton is voted in as the Democratic Nominee  Donald Trump is voted in as the Republican Nominee  Donald Trump is elected as the next President of the United States To name but a few…
  5. 5. The EU Referendum – Exports v Imports  The EU Referendum put increasing pressure on both domestic imports and exports – a sentiment mirrored in Donald Trump’s presidential policies.  The EU is Great Britain's largest trade partner.  Three million British jobs are currently linked to British exports – more than 10% of all jobs in the country (source: damage-trade-eu-referendum-vote-leave-a7062201.html) 0 50 100 150 200 250 300 350 400 450 United Kingdom England Wales Scotland Northern Ireland 2016 Q2 Statistics Exports (£ Billion) Imports (£ Billion) V Source: .aspx
  6. 6. US Presidential Election – Exports v Imports  Donald Trump is President-Elect of the United States of America with a proven track record of distain towards the pharmaceutical industry.  World’s second largest export economy.  World’s largest import economy.  Donald Trump has made clear intentions to repeal Obamacare. 0 0.5 1 1.5 2 2.5 United States of America US Exports v Imports in 2014 Exports ($ Trillion) Imports ($ Trillion)
  7. 7. Projections are conflicting…  Britain has two years in which to negotiate trades deals following their vote to leave the European Union, while simultaneously fighting opposition from English and Scottish Parliament. Will we invoke Article 50?  Pharmaceutical exports and imports are uncertain on how best to focus their operations in the face of such uncertainty. Donald Trump believes that the US should allow competition from pharmaceutical manufacturers overseas to sell cheaper medicines within the US, increasing the competition and driving costs down.  The decision would also allow Medicare to negotiate prices with drug companies and pharmacy wholesalers.  Donald Trump was voted into Presidency following promises to give jobs back to Americans.  Projections had the growth of the pharmaceutical industry charted to reach $1.6 trillion share of the global economy by 2020. Who can say what role both UK and US manufacturers in the future.
  8. 8. What is certain for the future? “The only certainty is that nothing is certain” -Pliny the Elder
  9. 9. For more information about the subjects I write on follow me on SlideShare or tweet me on Twitter @JeffNevil My Other Work: The Benefits of Dashboard Reporting for Business Fighting Global Warming: The Role of Business, Industry & The Individual