In the Media

The Annual Healthcare Symposium: "Problems and Prospects of the Pharmaceutical Industry" was held on Thursday, April 21, 2011 at Rutgers Business School in Newark, NJ. The event was made possible by The Blanche and Irwin Lerner Center for the Study of Pharmaceutical Management Issues.

The Annual Healthcare Symposium: "Problems and Prospects of the Pharmaceutical Industry" was held on Thursday, April 21, 2011 at Rutgers Business School in Newark, NJ. The event was made possible by The Blanche and Irwin Lerner Center for the Study of Pharmaceutical Management Issues.

Amway Corporation, one of the leading direct selling FMCG companies in the world, is seeking research collaborations in the areas of diabetes, women's health related problems, weight management, immunity and chronic diseases. The company is looking for patent holders, research institutes, universities and private companies working in these fields.

Amway research has more than 100 research collaborations with the likes of Vanderbilt University, University of California (UC)-Irvine, UC- Berkeley, UC-Riverside, Tohoku University, Japan, Yonsei University, Seoul, Rutgers Business School - Newark and New Brunswick, Kendall College of Art and Design, Michigan, Beijing Medical University, Johns Hopkins School of Medicine, Miami University, Sun Yat-sen University, China, DeVry Calgary, Michigan Tech, Monash University, Standford University, The University of IOWA and City University of London.

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Just as the state of New Jersey is recognized as the nation's principal pharmaceutical hub, Rutgers Business School (RBS) has evolved as an academic leader in pharmaceutical management training and research. Through partnerships with global companies Bristol-Myers Squibb, Eisai, Johnson & Johnson, Merck, Novartis, Roche and Schering-Plough (now part of Merck), Rutgers has been offering a cutting-edge MBA in Pharmaceutical Management for 10 years.

Rutgers Business School's Blanche and Irwin Lerner Center for Pharmaceutical Management Program offers A Two Day Certificate Program in Pharmaceutical Management. This Program provides a framework for understanding the structure and competitive profile of the industry, and includes a review of key regulatory issues, applicable patent law, drug pricing and reimbursement including the design of prescription drug benefit plans, DTC advertising, mergers and acquisitions, public policy initiatives, and financial evaluation.

Bayer Corporation, the makers of Yaz birth control and pharmaceutical giant is at the center of lawsuits, alleging that their most popular form of contraceptive is causing serious health issues to otherwise healthy young women. "'The health questions and lawsuits may rattle consumer confidence, but the warnings from federal health authorities about advertising and quality control raise larger questions about Bayer's approach to complying with government rules,' said Michael A. Santoro, an associate professor at Rutgers Business School, who studied ethics in the pharmaceutical industry."

The percentage of business school students enrolled in specialized programs has risen about 4 percent each year since 2001, according to Daniel R. LeClair, the organization’s vice president for knowledge services. More than a fifth of business school students are now seeking such degrees. With major pharmaceutical firms like Merck and Johnson & Johnson headquartered in the state, Rutgers University in New Jersey offers an M.B.A. in pharmaceutical management.