Single-Course Engelsk 5 ECTS

Sustainable Business in the pharmaceutical industry on emerging markets and developing countries – Access to health care

DTU Engineering Technology

Overall Course Objectives

This course will try to understand, analyze and evaluate cases on the strategic and organizational challenges and dilemmas facing pharmaceutical companies when they roll out activities in developing countries. In particular, the focus will be on how pharmaceutical companies try to reach the poorest and most vulnerable segments in developing countries and what specific challenges they face in this regard. During the course we will try to understand and analyze how pharmaceutical companies measure and communicate on their impact in developing countries, including social return on investment (SROI), ESG reporting and the SDG´s. We will analyze which partnership models work most effectively in developing countries and how contextual factors influence on the economic, social and environmental effectiveness of different partnership models. As access to care increasingly rely on digital solutions and on the use of technology in facilitating access to products and services, the course will zoom in on the kinds of technologies that support sustainable business models and philanthropic activities best,

The course takes point of departure in literature on International Business, Sustainable Business Models, impact investment and finance, technology and corporate philanthropy as well as research undertaken by faculty during 2022/2023.

The course will provide insights from a number of pharmaceutical companies operating in developing countries. In particular, cases and evidence from the Novo Nordisk-Roche partnerhip on CDiC will be used extensively, and practitioners from Novo Nordisk and Roche will participate in the course.

The course is an innovative collaboration between DTU, CBS and Novo Nordisk under the EuroTeq framework, with guest lecturers from Novo Nordisk being actively involved and allowing students from different backgrounds coming together and benefiting from diverse perspectives.

See course description in Danish

Learning Objectives

  • Understanding the empirical field of corporate philanthropy and sustainable business in the pharmaceutical industry in developing countries
  • Understanding, applying and critically assessing theories and frameworks related to sustainable business and corporate philanthropy in the pharmaceutical industry in developing countries
  • Understanding, applying and critically assessing methodologies for calculating the social, environmental and financial impacts and efficiency of corporate philanthropy and sustainable business models in the pharmaceutical industry in developing countries
  • Understanding and critically assessing the various financing models that can be brought to bear
  • Understanding and critically assessing the role of digital solutions to sustainable business and corporate philanthropy challenges in the pharmaceutical industry in developing countries
  • Understanding and critically assessing the balance between global integration versus local adaption
  • Evaluating models for corporate social responsibility for the pharmaceutical industry in low and middle income countries
  • Understand and analyze global business and CSR in the pharmaceutical industry

Course Content

Social Return on Investments
Creating Shared Value
Impact investments
Corporate Social Responsibility
Sustainability
Environment, Social, Governance, ESG
Sustainable Development Goals, SDG
Pharmaceutical industry
Emerging Markets and Developing Countries
Technology
Digital technologies
International Business

Recommended prerequisites

The course is based on the premise that students have limited experience with sustainable business models and Corporate Social Responsibility in developing country contexts. The course is specifically designed to provide students with skills to conduct practice-oriented analysis of sustainable business and corporate philanthropy in developing countries. Open to students from all subject matters.

Teaching Method

The course is an elective course within the EuroTeq framework and in collaboration with pharmaceutical company Novo Nordisk and CBS. This is a unique opportunity to work internationally and with both engineering and business study background. The course will be taught through a mix of lectures and real-life business cases and working papers developed by faculty.
Students will make recommendations about long-term sustainability business models.

Faculty

Kristina Vaarst Andersen

Contact or read more about Kristina Vaarst
Kristina Vaarst Andersen

Michael Hedegaard

Contact or read more about Michael
Michael Hedegaard

Remarks

Section of Business Development
Elective course available for all bachelor and master of engineering students
Business development (100)
DesignBuild Lab (0)
Mechanical Engineering: Elective course
Healthcare Technology: Elective course
Electrical Energy Technology: Elective course
Civil Engineering: Elective course
Process and Innovation: Elective course
Computer Engineering: Elective course
Software Technology: Elective course
Arctic Civil Engineering: Elective course

See course in the course database.

Registration

Language

Engelsk
Duration

13 weeks
Institute

Engineering Technology
Place

DTU Ballerup Campus
Course code 63853
Course type Candidate
Semester start Week 36
Semester end Week 49
Days Tues 13-17
Price

9.250,00 DKK

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Registration