Burroughs Wellcome and “Ethics and Big Pharma” a) Consumer Activist perspective b) Business perspective 1. Should Big Pharma focus on the creation of shareholder value‚ the classic objective of business entities‚ or should this focus be mitigated by the “needs” of patients primarily‚ but also citizens in general? a) Consumer Activist perspective: I believe governments have a strong social and moral responsibility to all its citizens to allow the opportunity of accessing health
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Executive Summary Richter’s CIO is facing two major decisions – is the current IT structure appropriate to meet the growing demands of the overall organization and to what extent should IT at affiliates be centrally controlled. This report will outline the current situation‚ provide alternative solutions‚ as well make a recommendation on the best alternative and implementation plan. It is recommended that Richter’s outsource the more routine IT functions. The current governance model should
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01.Retern on capital employed (ROCE) (Return/Capital employed) × 100 2007 2008 2009 Return 654420059 963775308 1156895419 Capital employed 2941937693 13932986985 13512352515 ROCE 5.85% 4.99% 8.56% Table: ROCE 02.Return on shareholders’ fund (ROSF) {Net profit for the period/(Share capital+Reserve)} 2007 2008 2009 Net profit for the period 3597024812 4010167059 4868256915 Share capital+Reserve 1932104953 1554528420 1806443640 ROSF 1.86 2.58 2.69 Table: ROSF
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Orion Pharma Solvency Measures Solvency measures show the firms balance between current assets and current liabilities. Net Working Capital: Net working capital = Current Assets (CA) – Current Liabilities (CL) All amounts are in BDT. Years 2010 2011 2012 2013 2014 Current Assets 229.86M 269.44M 232.82M 288.65M 289.70M Current Liabilities 338.36M 222.52M 214.08M 327.60M 522.97M Net Working Capital (CA – CL) -108.5.34M 46.92M 18.73M -38.95M -233.26M Orion Pharma’s NWC improved abrubtly in
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SUN Pharma Company was established as a partnership firm by Dilip Sanghvi & his family to manufacture pharmaceutical formulations at Vapi‚ Gujarat. The Company specializes in selected therapeutic segment to psychiatry‚ cardiology‚ neurology‚ gastroenterology‚ orthopedics‚ ophthalmology nephrology and diabetology. It also makes Active Pharmaceutical Ingredients such as warfarin‚ carbamazepine‚ etodolac ‚ clorazepate‚ anticancers‚ steroids‚ peptides‚ sex hormones‚ and controlled substances. It is
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Cost Accounting: In a broad aspects‚ Cost Accounting is a method of accounting in which all costs incurred in carrying out an activity or accomplishing a purpose are collected‚ classified‚ and recorded. This data is then summarized and analyzed to arrive at a selling price‚ or to determine where savings are possible. So Cost Accounting consists of the identification‚ measurement‚ collection‚ analysis‚ preparation‚ and communication of financial information For example‚ calculating the cost of product
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Impact on Value It is shown in the case study there was a discrepancy in the values of Big Energy and XYZ energy. The difference in value might be due to the nature of the culture as Big Energy comes from a private sector‚ which focuses more driven by profits‚ and XYZ Energy comes from a public sector‚ which is less materialistic and more driven by public interest (Boyne‚ 2002). The value that Staff of XYZ energy had‚ was they saw the worth in the processes and systems they have produced before the merger
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2.1 COMPANY OVERVIEW 6 2.3 THEIR MISSION 7 2.4 KEY COMPANY INFORMATION 7 3.2 HUMAN RESOURCE MANAGEMENT PROCESS 9 Interview 21 Orientation /induction 21 Follow up 21 Selection 21 5.8 MOTIVATING EMPLOYEES IN BEXIMCO PHARMA: 32 5.9 HEALTH & SAFETY 32 Health Insurance Policy: 32 6.1 RECOMMENDATION: 33 Chapter: 1 Introduction 1.1 EXECUTIVE SUMMARY Human Resource Management (HRM) is a relatively new concept in Bangladesh. It was a few years ago that this was considered as a part
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November 08‚ 2014 Pharma Sector Update (Sector Analysts: Kanika Singh‚ Neha Kumar and Ravi Karanam) USFDA revokes Ranbaxy’s 180-day exclusivity on sale of two generic drugs in US‚ grants approval to Dr. Reddy for one of them The USFDA has reverted its tentative approvals granting Ranbaxy six-months sales exclusivity of the generic versions of Roche’s anti-viral drug Valcyte and AstraZeneca’s heartburn pill Nexium. Ranbaxy had first-to-file status on both these drugs and it was expected to earn
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Anti-Harassment Policy XYZ Company is committed to a work environment in which all individuals are treated with respect and dignity. Each individual has the right to work in a professional atmosphere that promotes equal employment opportunities and prohibits unlawful discriminatory practices‚ including harassment. Therefore‚ XYZ Company expects that all relationships among persons in the office will be business-like and free of bias‚ prejudice and harassment. It is the policy of XYZ Company to ensure
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