Leading Pharmaceutical companies have‚ in recent times‚ been alarmed by the some adverse regulatory rulings in India. First in a landmark decision in March 2012‚ the Indian Patent Office allowed a domestic company (Natco Pharma Ltd.) to sell a generic version of Bayer AG’s cancer drug ‘Nexavar’ on the grounds that the German company’s drug not affordable to the local populace due to cost reasons. Then in March 2013‚ the Honorable Supreme Court of India denied patent protection to Novartis’s blockbuster
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218). Many companies used to hold and continue to hold flaws in their governance structures that allow management to operate their businesses to further their own personal self-interests instead of increasing the shareholders’ values. The three cases that I believe illustrates the most ineffective corporate governance system include: Nortel‚ Adelphia‚ and Tyco. Nortel Networks’ ineffective corporate governance system stemmed off of the management’s use of earnings management in order to achieve
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that is embarrassing and humiliating for all those involved‚ especially David Duchovny. His first feature film after his rise to television and Internet fame as Special Agent Fox Mulder of The X-Files‚ Playing God was supposed to launch the actor’s big screen career. Instead‚ Playing God is such a failure that it is sure to turn into what Point Break was for Keanu Reeves: a showcase of his worst acting surrounded by an even worse plot and characters. Duchovny plays Eugene Sands‚ a L.A. junkie who
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ratios for 5 pharmaceutical companies’ vis-à-vis the industry average for these ratios. 1. Debt-Equity ratio‚ 2. Current ratio‚ and 3. Interest coverage ratio The 5 companies analysed include: 1. Vivimed Labs 2. Anuh Pharma 3. Tonira Pharma 4. Lincoln Pharmaceuticals 5. Dishman Pharmaceuticals & Chemicals FACTS AND ASSUMPTIONS: As for the industry averages and industry best ratios‚ we have taken the BSE Healthcare index‚ and treated it as a representative of
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Segmentation * Key Players in Pharma Industry * Market Drivers * Challenges for Pharma Industry * SWOT Analysis * References Introduction Indian Pharmaceutical Industry is one of the success stories of modern India. The wide ranging capabilities in the complex field of drug manufacture & technology has established India as one of the major producer of the Pharmaceuticals worldwide. De-licensing of the pharmaceutical industry gave freedom to Indian Pharma manufacturers to produce
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1. Ryan’s ethical dilemma is to manipulate the cost budget to keep the price competitive so that the VP of Sales‚ Sid‚ can make his quota for the year. Ryan is being asked to remove the quality testing and maintenance from variable costs and make them fixed costs to allow the selling price to drop from $6.00 to $5.30. Sid‚ the VP of sales is using his status in the company to take advantage of Ryan. Ryan‚ a new hire‚ wants to be on good terms with everyone and this is just putting him in a compromising
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Table of Contents: Declaration Abstract Part I –Introduction Research Objective and justifications Report Outline Part-II Industry Description GSK-The Big Picture Factors for success in India References Part-III Literature review Chapter One –Merger: An Introduction 1.1 Introduction 1.2 The Main Idea 1.3 Types of Merger 1.4 Reasons for International M&A Chapter Summary
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be considered as “competitive” products. Yes‚ CAM and alternative medicine are substitutes. However‚ there are many ways to prevent sickness (e.g.‚ a healthy lifestyle). I think there is no “perfect” substitute to treat disease and sickness in most cases. 5. A good discussion on how the five competitive forces affect profitability of the pharmaceutical industry. 6. Please follow the proper format for using endnotes. The textbook provides good examples for you to follow. 7. Overall‚ it’s
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Glenmark Pharma Private Limited Case Study Introduction * The company is headquartered in Baroda. * Mr. Ranjit Deshmukh holds the position of the Vice President. * Plants set up in Tamilnadu‚ Hyderabad and Gurgaon. * Markets bulk and cancer drugs and formulations. * Strong sales force of 700 people‚ supervised by 85 sales managers. * Salespeople have to compete with multiple competitors in different markets. * Competitors are from local manufacturers to large multinationals
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growing rapidly due to the capability of Indian players to produce cost-effective drugs with world class manufacturing facilities. Bulk drugs of all major therapeutic groups‚ requiring complicated manufacturing processes are now being produced in India. Pharma companies have developed Good Manufacturing Practices (GMP) compliant facilities for the production of different dosage forms. In addition‚ India’s long-established position as a preferred manufacturing location for multinational drug manufacturers
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