Business is Boring with Dr Peter Surman and Simone Hollier from Douglas Pharmaceuticals

Business is Boring is a weekly podcast series presented by The Spinoff in association with Callaghan Innovation. Host Simon Pound speaks with innovators and commentators focused on the future of New Zealand. This week he talks to R&D programme leader Dr Peter Surman and Simone Hollier. Did you know that there is a local pharmaceutical company in the second stage of trials to use ketamine to treat depression - and that they're looking for people to participate in the trial? Well, here's a podcast for you dear listener. For this week's Business is Boring we meet two of the 800 workers at a very under-the-radar local drug maker. You might be surprised to know New Zealand has a big Pharma company, and you could also be forgiven for not knowing at all that it was almost sold off, but in this half hour chat we learn about the history, current work and future plans of Douglas Pharmaceuticals. Douglas is a family-owned drug giant, that since 1967 has grown from a company making generic drugs once they fell out of patent- which is more of a difficult process than that makes that sound - to now be researching new uses for previously proven safe drugs. The company does upwards of $250m a year, with the bulk of that as exports, and was almost sold a few years ago before deciding there was a future, here. Part of that future is bringing new talent on board, and a strong R&D programme, led by Dr Peter Surman, the Chief Scientific Officer and 23 year member of the company. This podcast chats to him and Simone Hollier, a New Product Portfolio Analyst, who Douglas took on through an R&D experience grant that is available through Callaghan Innovation (a grant that many companies are able to access). To find out more about getting students into your research, the growth of the company, and making drugs, here, please enjoy this chat with Dr Peter Surman and Simone Hollier. Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices