Pepcid Case Analysis 1. Why does Merck want to switch Pepcid to OTC status when the patent is good for another six years? How attractive is this opportunity? Over-the-counter market growth is attractive to pharmaceutical companies like P&G who successfully changed Aleve from prescription strength to OTC. Once the patent for Pepcid expires in six years there will inevitably be fierce competition. Since the FDA usually takes so long to process an approval for a prescription-to-OTC switch
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A. Introduction Pfizer‚ US pharmaceutical company is one of the largest pharmaceutical companies in the world. Unfortunately‚ Pfizer faced challenges by macro-environment forces that affect their sales volume decline dramatically in 2011. PESTEL‚ Porter’s Five Forces and Industry Lift Cycle frameworks to be applied to analysis the broad macro-environment that affected Pfizer in the pharmaceutical industry. 1. PESTEL framework PESTEL (Appendix I) is classifies into six environmental influences
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VALIDATION OF 2004 ISMP MEDICATION SAFETY SELF ASSESSMENT TOOL FOR USE IN PHILIPPINE MILITARY HOSPITALS A Thesis Presented to the Faculty of the College of Nursing University of the Philippines Manila In Partial Fulfillment of the Requirements for the Degree of Masters of Arts in Nursing MA. DOLORES M LIM‚ R.N. June 2011 Abstract Background of the Study Medication error is considered as one of the major problem of the healthcare system. Several programs have
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3.4.1 A fundamental right Access to medicines is an ethical issue because it is a basic right to preserve one’s life. Indeed‚ access to medicines is a public health issue‚ involving the principles of equality and social justice. Endorsed by the WHO Constitution in 1946‚ "the possession of the highest attainable standard of health is one of the fundamental rights of the human being". The United Nations also recognizes it as a universal right under the 1976 International Convention on Economic‚ Thus
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M1 criteria: Describe how legislation‚ policies and procedures promote the safety of individuals in a health or social care setting. In health and social care‚ there are many legislations‚ policies and procedures you have to abide by in order to maintain a lawfully and safe run setting. After watching the clip of Holby City‚ I noticed a few legislations‚ policies and procedures‚ being followed and being breached. Policies and procedures in a hospital are put in place in order to promote
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[pic] BRAC UNIVERSITY BRAC BUSINESS SCHOOL INTRODUCTION TO BUSINESS (BUS-101) Class/Sec: 3 Prepared by Md.wahidur Rahman 09304076 Farah Enayet Tonny
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Prescription drugs are drugs that save millions of people’s lives everyday. Many people depend on these things in order to keep them alive. Although‚ major pharmaceuticals companies view this as a very dependable way of receiving capital‚ having to need these things in order to live another day. Since people most of time need this drug in order to survive they are willing to pay thousands of dollars just so they could live another day. There are many people who require these specific things in
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Introduction: Prescription and administration of medicines is a key element of client care. Prescription drug use has increased hugely in recent years. Every day 7‚000 doses of medication are administered in a typical NHS hospital (Audit Commission 2002). In 1993‚ 1.9 billion prescriptions were written and in 2001 the number had risen to 3.1 billion cited by Crigger and Holcomb (2008). Prescribers are bound by law and by the demands of good practice to consider the extent to which a person can make
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My interest in studying Pharmacology started with my interest in sciences and a desire to help people‚ by manufacturing medication to benefit society as a whole. I would achieve great personal and professional satisfaction by knowing that I was working towards making a difference to people’s lives. Through studying my A-levels I have been particularly interested in chemistry; especially by how the subject covers the way in which different chemicals can be used to synthesise varying different chemical
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Storage can be limited‚ which is the use of medication cabinets is imperative to storing medication‚ toiletries‚ and other objects that are little. Medicine cabinets serve two functions‚ including organization and storage‚ in addition to aesthetics and décor. The medicine cabinet style that is used is the cabinet that sits over the bathroom’s sink area. This sort of medication cabinet is situated beneath a light so the mirror is functional for different applications‚ like shaving or applying makeup
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