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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Porter’s Five Forces Analysis for the Pharmaceutical Industry Degree of rivalry among existing firms (HIGH) Pharmaceutical industry is one of the most competitive industries in the country with as many as 10‚000 different players fighting for the same pie. The rivalry in the industry can be gauged from the fact that the top player in the country has only 6% market share‚ and the top five players together have about 20% market share. Thus‚ the concentration ratio for this industry is very low. High
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Business name: mercury drugs Logo Product: pharmacy‚ drug BagumbayanStreet‚ Sta. Cruz‚ Manila‚ Philippines (1945) The company began in 1945 with a single drugstore owned by Mariano Que. He named it after Mercury‚ the messenger of the gods in Roman mythology‚ whose caduceus is sometimes used as a symbol of medicine. The store began cutting packaged‚ bulk items into single pieces and selling them individually; this practise is colloquially called tingí-tingì in Filipino. Upon the invitation
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HERBAL MEDICINE Healing from Mother Nature The holistic healing philosophy of Greek Medicine states that Man is essentially a product of Nature‚ or the natural environment. Health is living in harmony with Nature‚ and disease results when this harmony and balance are upset. Healing is restoring this lost harmony and integration. Man and all other living beings on this planet grew and evolved within this all-pervasive biosphere‚ and have been relying on it for their survival‚ for
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Teenagers and Drugs What is a Drug? A drug is any substance (with the exception of food and water) which‚ when taken into the body‚ alters the body’s function either physically and/or psychologically. Drugs may be legal or illegal and this are described as marijuana‚ hashish‚ cocaine (including crack)‚ heroin‚ hallucinogens‚ inhalants‚ and prescription drugs that are not used for medical purposes. Nowadays drugs are everywhere and it’s becoming more and more used. Drugs are common in teens and
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Administer Medication to Individuals‚ and Monitor the Effects. 1.1 The following is a list of legislation that has a direct impact upon the handling of medication within a social care setting. * The Medicines Act 1968 * The Misuse of Drugs Act 1971 * The Misuse of Drugs (Safe Custody) regulations 1973 SI 1973 No 798 as amended by Misuse of Drugs Regulations 2001 * The safer management of controlled drugs (2006) * The Children Act 1989 * The Data Protection Act 1998
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Against marijuana legalization Should Marijuana Be Legalized? In society today‚ many people look for a feeling of freedom. Many people go on vacation and spend money. The most common gateway for people is drugs. Our American society is facing a tremendous drug problem. In order to eradicate the drug problem‚ a public debate is going on to find some solutions to this drug dilemma. It has become a highly controversial issue whether drugs such as marijuana should be legalized or not. Some people
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EXECUTIVE SUMMARY Statement of the Problem Merck & Co.‚ Inc.‚ a leading pharmaceutical company‚ faces the threat of the patents of its most popular drugs expiring in 2002. The only way to counter the loss of sales from these drugs going off patent is to develop new drugs in order to refresh the company’s portfolio. LAB Pharmaceuticals‚ a small pharmaceutical company who specializes in the treatment of neurological disorders‚ has approached Merck with the opportunity to license Davanrik‚ a new
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Case 3 :Eli Lilly &company Question: To continue generating the returns enjoyed by the industry over the past decade‚ pharmaceutical companies would be forced to rethink how they identify and exploit opportunities to gain a competitive edge in an increasingly complex market ? In my opinion if a Pharmaceutical company aims to continue generating the returns and gain competitive edge ‚ should conduct Pharmaceutical Industry Analysis which will help to find out opportunities and then should try
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Executive Summary In today’s business world‚ production cost was an increasing concern for companies working to stay competitive in the global marketplace. The top management must search for a global solution to drive down costs and reduce difficult activities associate with inventory management and production management. Global sourcing aimed to exploit global efficiencies in the delivery of services and goods across geopolitical boundaries‚ including low cost skilled labor‚ low cost raw materials
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