The 20 Most Disruptive Healthcare Solution providers The 20 Most Disruptive Healthcare Solution Provide | Page 31
MOST
DISRUPTIVE
HEALTHCARE SOLUTION PROVIDERS 2018
Genpharm also offers consultancy services on market entry
strategies for companies interested to set up a regional
office or that simply want to understand the commercial
potential of their portfolio and the best strategies to
approach the Middle East market with.
Prominent Landmarks in Genpharm’s Journey
Genpharm was a simple entrepreneurial idea and a vision
shared by the two founders that saw the light in 2012.
Seeing a significant gap in the rare disease space in the
Middle East, possessing the regional pharmaceutical
expertise and a wide global network, they decided to turn
this into an opportunity. With every new initiative, there are
risks and many “nay-sayers”. This has been a constant
motivation to set ambitious objectives and surpass them.
Genpharm was born out of the idea to become a market
access provider for small pharmaceutical as well as biotech
organizations with innovative products. The industry
reputation of its experienced management, the strong brand
identity acquired and the high quality of the work
performed, attracted large leading corporations such as
GSK, Sanofi and Novartis which embodied a validation for
its business model and standards as well.
Genpharm’s work has been recognized by working
references from its partners and also through several
business and industry awards such as the “Best
Pharmaceutical Market Access Company” and the “Best
Pharmaceutical Marketing and Consultancy Company” in
2016 and 2017 by the MEA business awards.
Creating Eminence with its Core Values and Vivid
Visualization
Genpharm believes that its core values have been its real
driving force.
· Patient Care: It is focused on rare diseases, caring for
the patient and their families are central to what we do.
This is a key motivator that is used in our
communication and our recruitment. We are usually the
only hope that these patients have for a better life. This
is the overarching motivation and the drive behind what
Genpharm stands for.
· Innovation: Although, the product innovation comes
from its partners, Genpharm innovates in the market
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solutions that it offers, particularly in the areas of market
access, disease awareness, and diagnosis.
· Accountability: The company wishes its employees to
be responsible and accountable for their actions. It
believes that the organizational culture of ownership and
entrepreneurial spirit is extremely difficult to maintain if
employees don’t feel accountable.
· Integrity: Ethical standards and honesty are core values.
Genpharm stays transparent internally and with its
external stakeholders.
· Teamwork: Joining experiences, skills and sharing
information helps them achieve more together as a
group than lone individual.
Elevating Environment at Genpharm
Being a start-up business, Genpharm is fully focused on
maintaining an interactive work environment and offers its
employees learning on the job through hands-on
experience. Moreover, it tends to look internally for
promotions which are very motivating. Today, its mid-level
management is composed exclusively of internal talents.
Genpharm maintains a very open environment for
discussion and feedback with management practicing an
open-door policy. The Management team likes to
emphasize the fact that, “If you want to lead people, lead
them from behind”. This has led to several internal
promotions, particularly for those that believe that
“leadership is what you do when your manager is not
around”.
Future Potential
Genpharm is all set to continue its growth trajectory with
several new collaborations, capitalizing on its expertise and
recent track record. The company believes that the current
research and technological breakthroughs will certainly lead
to new advancements in disease management and even to
curative therapies creating opportunities for its business
development appetite.
“We are growing organically at an average of 23% per
year. We see no reason why we cannot continue this
aggressive growth and complete our current expansion
plans. We believe we have an unlimited potential for
profitable growth”, asserts the duo confidently.