Introduction Bioequivalence study data has long been a standard part of the dossiers for approval of generic products in all regulated markets‚ which includes the highly developed countries like United States of America‚ Europe‚ Japan‚ Australia and South Africa. Even the rest of world (ROW) markets are now asking for bioequivalence data to be submitted as part of the regulatory dossiers for approval of the generic products. Looking at bioequivalence studies beyond just being a regulatory requirement‚ bioequivalence
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represents an opportunity for the pharmaceutical companies which will have to respond to increasing demand from this part of the population. Moreover‚ patients are more and more aware of treatments and diseases and are expecting more transparency about drugs and price policy. Thus‚ the companies will have to face with pressure on customer service. Eventually‚ the market is likely to grow with increasing health concerns like the obesity issue which has become crucial in Western countries for the past decade
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Christianity point of view. b) Law of the land. DRUG AND SUBSTANCE ABUSE. INTRODUCTION. DEFINITION. Drug. 1) A drug is any chemical you take that affects the way your body works. Example: alcohol‚ caffeine‚ aspirin‚ nicotine etc. 2) A drug is a substance which may have medicinal‚ intoxicating performance when taken by a human body. Drug abuse. 1) It is the use of illegal drugs‚ the misuse of prescription or over-the-counter drugs for at least a year with negative consequences. 2)
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and reform have lead gradually to more favorable legislation and policies supporting increased utilization of generics. Many of the top generic companies who themselves are now huge global players have seized on the opportunities as wave of blockbuster patents expires. They have inspired confidence in generic drugs as high quality‚ therapeutic equivalents to the brand. Today the generics hold approximately 35% share of the total US market by volume and some are even out pacing the big Pharmaceutical
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and implications for the same will be provided. In the next section‚ strategic groups operating in the Automobile industry will be identified and analyzed. A Strategy Canvas will be formulated and blue ocean space will be suggested. Lastly‚ generic strategy as pursued by strategic group will be explained along with its response to macro and industry forces. The reports will conclude with a summary of key findings. 2. INTRODUCTION 2.1 Rationale for the research The research
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challenging context as both companies have very different profiles and backgrounds. The main differential characteristic was the nature of their products. While Ranbaxy was focused on generics and in other intermediate products‚ Eli Lilly International core business was the commercialization and development of new drugs through an aggressive R&D strategy. The trigger for Eli Lilly to start thinking of going into India was the liberalization process in pharmaceutical markets as a consequence of the
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A Study on the Impact of PEST Analysis on the Pharmaceutical Sector: The Bangladesh Context PEST (Political‚ Economic‚ Social‚ and Technological) analysis of any industry sector investigates the important factors that are affecting the industry and influencing the companies operating in that sector. The purpose of this study is to analyze the pharmaceutical sector of Bangladesh using the framework of PEST. This report brings to light the current state of the sector its progress and its problems
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Strategic Management Project: Module 1 A. Nonymous 1. Give a short account of the history of the company‚ and trace the evolution of its strategy. Try to determine whether the strategic evolution of your company is the product of intended strategies‚ emergent strategies‚ or some combination of the two. Walgreens has a long history spanning over a century. Charles Walgreen founded his first store in 1901. His first store was in Barrett ’s Hotel in Chicago ’s south side. The early stores experimented
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Ranbaxy Laboratories Ltd. (RLL) is the largest pharmaceutical company incorporated in India. It is also amongst the top league globally and is ranked 9th largest generic company worldwide. Ranbaxy is also credited with the tag of true Indian multinational. The company traces its roots to a chemist shop in Delhi. It is one of the first Indian pharmaceutical company to start a joint venture abroad. Rapid growth of Ranbaxy is attributed mainly to its focused research and joint ventures in India and
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After analyzing the different internal resources and capabilities at Teva‚ there are several resources which effectively give them a sustained competitive advantage‚ and distinctly set them apart from the competition. Going forward‚ it is critical for Teva to continue some business practices that have led them to be an industry leader in the pharmaceutical realm. One example of a resource that they have effectively exploited is their acquisition strategy. Their proactive approach to acquisitions
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