Genzyme is a leader in the biotechnology industry, and established its reputation as early as 1981 by supplying the market with certain chemicals. The company attributes its success to its focus on rather rare or “orphan” diseases and the development of drugs that capture market share for those ailments. However, there are two sides to this issue. The research and development process for these rarer drugs is tremendously expensive, resulting in a price that is well beyond most consumers. Some drugs, for instance, would cost the patient $100-200,000 per year. To bridge this gap, Genzyme has been forced to rely on government subsidies to realize any profit margin, and to continue work on these orphan diseases. Due to its focus, the company has developed rather close relationships with Non-Governmental Organizations (NGOs) and governmental health care organizations. Thus, the company has a niche market, but must continually work to ensure that this side of its business is positioned appropriate to maximize the global market. Genzyme knows that it can only generate revenues if NGOs and governmental agencies will support their work and if the orphan diseases are serious enough for investment. Thus, there is a marketing edge for finding certain disease vectors that tend to congregate and interrupt Third World populations or those in which the disease is hampering economic development (Bartlett, et.al., 2009).
Analysis of Dilemma- Genzyme knows that in the long-term, the strategic partnership between Genzyme and most government agencies (whether foreign or domestic), cannot exist based on commerce. One example is the country of Brazil — truly a gem in modernizing and using its economic resources to help alleviate social suffering in the country. Brazil accounts of about 10% of Genzyme’s revenue (about $108 million). The Brazilian government subsidized 92% of the cost ($100 million) on Cerezyme, a drug used to treat Gaucher disease. Critics believe that the time and money could be better spent on a disease like tuberculosis, affecting far more people globally. From both a strategic and tactical perspective, then, Genzyme must maintain and even enhance its image as an organization that is primarily interested in eradicating disease and discomfort and worried about profits second. To do this, Jim Gerahty, Senior VP at Genzyme, imitated the HAND initiative that focuses on the development of medications for diseases defined by the World Health Organization as neglected tropical diseases. HAND is not about profit, but will even make all intellectual property regarding research and development available to all partner organizations, interested academics, and government agencies. Under the current HAND initiative, there are three diseases that are serious enough to require attention: Malaria, Chagas/Sleeping Sickness, and Tuberculosis. However, Genzyme has perhaps overextended itself a bit in trying to push the HAND initiative due to decreased resources, too many projects, and too many ancillary partnerships.
Analysis of Proposals- Each of the three diseases is serious, more or less serious depending on region. A brief analysis of each shows us that:
Issue
Malaria
Chagas
TB
Population Impact
3.3 billion at risk, 1 million dead annually
160 million at risk, less than 100,000 dead annually
More than 4 billion at risk, 2 million dead annually
Geographical Impact
Africa, Equatorial Asia, Latin and South America
Central and South America, Sub-Saharan Africa
Global
Current Research
Limited, funded by others
Local R&D, little affective drugs
Use of drugs from 50 years ago; very little new research
Genzyme Internal
Skilled to address issue
Skilled to address issue
Skilled to address issue
Genzyme External
Stable partnerships local and abroad
Stable with Fiocruz Corp.
Untested and lacking development
Commercial Issues
Primarily help for Indian subcontinent
Focused help mainly in Brazil
High market potential in China, Russia, Central and South America
Risk and Cost
Medium
Low
High
(Case Study, Exhibit A).
SWOT
Strengths
Weaknesses
Opportunities
Threats
Strong scientific background
Too many irons in the fire
Prove model works globally
Overextended resources
Proven track record with governmental agencies
Lack of cash flow and R&D funding
ROI could be significant
Untried or lack of appropriate partnerships
Niche markets
Expert in drugs that require governmental sponsorship
Positive impact globally
Competitive pressures from other research-based organizations
Each particular HAND project has both positive and negative sides. If we look at them objectively we find:
Issue
Positive
Negative
Analysis
Malaria
Huge global affect (about 250 million/annum). Mortality rate is about .004; Relatively low risk opportunity.
Confined to tropical (mosquito) belt; limited gross economic affects for developed world
Stable partners; most deaths occur in Sub-Saharan Africa; does not fit profit generating strategy and is treatable with current medications if delivered to affected areas.
Chagas
Aligns with strategic interest, and even though 1% result in death, the impact is long lasting and creates individuals who cannot contribute to their economic welfare.
Only has PR and economic impact in certain parts of the world. May not be challenging enough, Genzyme already has a drug in place that might have impact.
This would show Brazil and other South American governments that Genzyme is committed to the eradication of problematic diseases. High PR impact, low risk.
TB
Affects 25 million per annum with about a 2% mortality rate; prevalent throughout developing world; Russia and China, too. Aligns with company strategy.
May require additional bureaucratic work to secure adequate partnerships. This would involve untried relationships — may take extra time.
Aligns with company strategy and would allow Genzyme to make money and show numerous governmental agencies that the mission can be win-win.
Recommendations — It is clear that Genzyme is at a cross-road. It can take the safe route and deal with Chagas quickly, then move into other issues. This would certainly engender South American countries to their paradigm. However, the world is quite different than it was 50 years ago. Globalization is a fact, not a prediction. The economic realities of the developing world; particularly China and the Indian subcontinent are real and vital. Like it or not, Russia is a major player in world politics — different that from the Soviet Days, but with vast territory and rich resources. To maximize these efforts, Genzyme should take the plunge; use its expertise and current contacts to publically state the project — complete eradication of TB within 24 months. If the company partners with the United Nations and other governmental agencies, there will be plenty of international funding since TB affects the economic livelihood of so many countries and people. With more than 4 billion at risk and about 25 million affected, the economic impact of disease eradication will have a far greater, and more global, public relations and public health impact for Genzyme.
REFERENCES
Bartlett, C., et.al. (2009). Genzyme’s CSR Dilemma: How to Play its HAND. Boston, MA: Harvard Business School Press. Retrieved from: http://hbr.org/product/genzyme-s-csr-dilemma-how-to-play-its-hand/an/910407-PDF-ENG
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