a flourishing research-driven pharmaceutical company‚ which discovers‚ develops‚ manufacturers‚ and promotes an extensive variety of human and animal health products. Although Merck is one of the biggest pharmaceutical companies of the world‚ they still come across problems today while striving to sustain a lead against its competition. Merck has achieved success with its lengthy history of breakthrough drugs and the development of three significant pharmaceutical products: antibiotics‚ vitamins
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Company History In 1935‚ Dr Khwaja Abdul Hamied set up The Chemical‚ Industrial & Pharmaceutical Laboratories‚ which came to be popularly known as Cipla. He gave the company all his patent and proprietary formulas for several drugs and medicines‚ without charging any royalty. On August 17‚ 1935‚ Cipla was registered as a public limited company with an authorized capital of Rs 6 lacs. Cipla was officially opened on September 22‚ 1937 when the first products were ready for the market. July 4‚ 1939
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their products and the company doesn’t receive any profits from generic drugs. The company still wants people to have communication with their doctors in order to receive the medications that they need. The company believes that the drawbacks of pharmaceutical price controls to help control rising costs far outweigh any potential benefits. The company asks that policy makers follow certain guidelines which are individual patient needs and the physician-patient relationship must be at the center of the
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eliminate the regulatory pressure on prices (ii) abolish the conditions that favour the practices of patent linkage‚ (iii) create incentives for doctors to prescribe generic medicines‚ (iv) implement a system for pharmacy remuneration based on pharmaceutical act fee or regressive margins‚ (v) create greater differentiation with regard to patients co-payment towards the option of using a more expensive branded medicine instead of a cheaper generic medicine. Bibliography [1] – EGA‚ “How to Increase
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Application of statistics in Pharmaceutical industry * * * Bookmark Although the advancement of medicine has prolonged and improved the life of many people over the years‚ it is important to remember that it is not an exact science. While some treatments do seem to offer a complete ’cure’ for any particular ailment universally‚ the vast majority of medicinal treatments do not. As such‚ it is important that statistics are used in medicine in order to justify the development and subsequent
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tickets‚ etc (source 1 #2) 2. Problems in the workplace (NC 3 & 4) C. Treatments available Topic sentence: Treatments for alcoholism are available such as rehabilitation care‚ pharmaceutical treatment‚ and various support group meetings. 1. Rehab centers 2. Pharmaceutical treatment 3. Support groups D. Prevention against alcoholism Topic sentence: Drinking in moderation and taking into account alcohol laws and regulations can act as prevention
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the provision of pharmaceutical services from a distance. Telepharmacy expands access to quality health care to communities nationwide‚ primarily in rural‚ medically-underserved areas.[1] Telepharmacy is something that could greatly improve and advance the heath care word not only for providers but also for patients. Telepharmacy however has many legal and privacy issues to resolve before it can become an established part of health care. Due to the high regulations on pharmaceuticals from federal and
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economy has improved conditions temporarily but in turn has created a large budget gap. The Philippines has one of the highest drug prices in the world. Changes brought about by the controversial Cheaper Medicine Act have impacted the Philippines pharmaceutical market‚ whereby 200 drugs have seen price reductions by up to 50% since August 2009. The Philippines remains on the USTR’s Ordinary Watch List in 2010. Medicine was the science and art of healing humans. It includes a variety of health
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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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2 Oct 2013. Saul‚ Stephanie. “A.M.A. To Study Effect of Marketing Drugs to Consumers.” The New York Times. 22 June 2005. http://www.nytimes.com/2005/06/22/business/media/22adco.html?_r=0. 2 Oct 2013. Ventola‚ C. Lee. “Direct-to-Consumer Pharmaceutical Advertising.” PMC. Oct 2011. http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3278148. 2 Oct
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