[pic] The Pharmaceutical Industry: Challenges in the New Century EMBA City - Group 6 UCD Smurfit School of Business October 2009 Contents |Section | |Content |Page No. | | |Executive Summary |1 | |1. |Macro-environmental factors
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Novartis’ Expansion Project in Bolivia 08 Fall Manoella Talavera Carolina Perez Marcos Echeverri Jorge Quintana Alexandria Guerra Walter Leon Fleming International Business Fall 2011 Bolivia’s General Socioeconomic and Political Framework Due to the political‚ economical‚ and social instability‚ Bolivia is a difficult and tremendously risky place to do business as an outsider company. Political Analysis Understanding the political structure of a country is very important when
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Q1. How does Merck evaluate the effectiveness of its ethics-related activities? Merck has a strong sense of ethics within the company ’s credo and morals and also reflects on its employees. In spite of having major financial crisis‚ its motto never changed or got altered. It increased the finding to the research institutions in Africa and places. It made sure that the motto of the George W. Merck‚ former Chairman and son of the founder of Merck was always above any hurdles that Merck as a company
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1 Introduction Promoting industries and creating jobs‚ if successful‚ would boost economic development and thereby support state building. While politicians and bureaucrats are aware of how important industrial development is‚ they are unaware of how to facilitate it. In the international development cooperation community in developed countries and international organizations‚ the commonly accepted view until recently was that industrial policy would not work because market failures prevent industrial
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THE GLOBAL TREND OF COUNTERFEITING MEDICINES The world is becoming a global village and there are emerging trends sweeping through the global community with the speed of a high magnitude tsunami. Cultures and principles are not spared as this trend emerges. The economic exigencies and demand for quality service delivery is informing some of these positive global trends. On the other hand‚ there is a trend that is assuming an alarming dimension borne out of greed and desire for quick money. Manufacturing
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States and Canada‚ is one of the largest pharmaceutical companies in the world. Merck headquarters is located in Whitehouse Station‚ New Jersey. The company was established in 1891 as the United States subsidiary of the German company now known as Merck KGaA. Merck & Co. was confiscated by the US government during World War I and subsequently established as an independent American company. It is currently one of the world’s seven largest pharmaceutical companies by market capitalization and revenue
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from a three-day trip and picked up a voice mail in her home office from Cindy Cherry‚ regional sales manager for Inventron Pharmaceuticals. Karen is the district sales manager for the states of Oklahoma‚ Arkansas‚ Texas‚ and Louisiana. Cindy is in charge of all of Inventron’s operations west of the Mississippi River. Inventron is a relatively small‚ specialty pharmaceutical manufacturer with production facilities in Morristown‚ New Jersey. Its products focus on an array of medicines for the dog and
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1. ACTIVITY 1 Orientation‚ Organizational Set-Up and Policies MEMBERS OF STAFF or PHARMACY PERSONNEL of MERCURY DRUGSTORE The qualifications in applying to Mercury Drug must be at least a college graduate depending on what position he/she is applying for‚ but except for Pharmacist which must be a graduate of Bachelor of Science in Pharmacy and must be a board passer and has a license‚ must be 21yrs old and above‚ can be married or single‚ has experience in working under pressure‚ and has a pleasing
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gotten so expensive that many people can’t afford them‚ and they seem to only be getting more expensive. Though many would argue that it’s a business’ choice if they want to raise the price of their product‚ it’s dangerous to allow them to do so. Pharmaceutical companies should have a set price limit‚ otherwise the skyrocket of prices hurt those who rely on the now expensive drugs. For example‚ the life saving EpiPen has gone up by more than $500‚ making the current price now around $609 (Khazan). Of
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12077 12082 12118 Agenda • • • • • • • • • • Industry Overview Companies’ Profiles Snapshot of the deal Financing the deal Benefits to Daiichi Benefits to Ranbaxy Synergies Post Acquisition challenges Recent Developments Conclusion Indian Pharmaceutical Industry • Present size of $14 billion. • Ranks 4th in world in terms of production and 13th in terms of consumption. • Highly fragmented. 325 large and medium-scale companies and 26000 small-scale companies. • Can be divided in 2 segments –
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