A handful of consumer and healthcare companies including Bayer AG and Novartis are exploring a deal for Merck & Co Inc’s consumer healthcare business‚ as they seek to gain scale in a fragmented industry‚ according to several people familiar with the matter. Reckitt Benckiser Group PLC and Procter & Gamble Co are also among the parties that have held discussions with Merck about buying the unit‚ best known for Coppertone sunscreen and Claritin allergy medicine‚ the sources said this week. The
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Why has Corporate Social Responsibility become such a prominent part of the business world today? It is widely believed that Corporate Social Responsibility (CSR) is one of the most important tasks in the twenty century. Some people may consider that companies have always been the profit organizations‚ and social affairs are in charge by the government‚ which is a common sense that there are no directly relationships between each other. However‚ CSR is considered one of the key elements to sustain
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in/manage_business/channels_distribution.php Chicago Population Company Fact Sheet. (2014). Merck. Retrieved October 6‚ 2014‚ from http://www.merck.com/about/our-history/facts/home.html Coppertone Colorblock For Kids Reviews CR Performance Report. (2013). Novartis Global. Retrieved October 4‚ 2014‚ from http://www.novartis.com/corporate-responsibility/metrics-and-reporting/cr-performance-report.shtml Customer reviews for JohnsonsBaby JOHNSON ’S Baby Cream Distribution Channels. (2014). Reference for Business
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Unlocking the wealth in rural markets 2014427026 Han ungsuk ■ Summary and implications • Intro1 : Important of rural markets Rising wages are creating a growing middle class While urban demand for consumer products remains sluggish worldwide‚ rural markets are growing faster than ever in some of the largest emerging economies. In China‚ demand in the countryside has already begun to outstrip demand in the cities‚ and nowhere is this phenomenon more evident than in India • Intro2 : Growth of rural
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Mr. Jimenez‚ I know how this organization always pushes its interns to pursue and advance their professional roles within the Novartis International AG. I wanted to inform you that I have spoken to Dr. Luca Scoizzato from Doctors Without Borders (MSF). After speaking with Dr. Scoizzato I realized the substantial impact his speech could have in our company’s next board meeting. As you know‚ the impact of MSF has helped advocate as well as‚ market/fund raise for patients not being treated in the
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The Power of Activism: ASSESSING THE IMPACT OF NGOS ON GLOBAL BUSINESS Debora L. Spar Lane T. La Mure n 1995‚ a group of Burmese and American graduate students at the University of Wisconsin at Madison created the Free Burma Coalition (FBC)‚ a non-governmental organization (NGO) comprising a diverse mix of high school‚ university‚ environmental‚ human rights‚ religious‚ labor‚ and grassroots organizations. Reacting to the Burmese military government’s atrocious human rights record and disdain
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Table of Contents 1. Description of the Pharmaceutical sector In the year 2004‚ the global economy experienced a momentum. After the dot.com bubble and the 9/11 terrorist attacks‚ the economy slowed down‚ especially in the USA. The American economy‚ which was the greatest market for the pharmaceutical industry‚ suffered an economic recession from 2001 to 2003. However‚ in 2004 the tax cuts and the lower interest rates stimulated a robust expansion in that country. Particularly
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explains‚ "We bring together different disciplines‚ functions‚ and geographies to try to break up silos." Second‚ while many organizations’ planning processes unwittingly compel functional- or business-unit heads to focus on their own objectives‚ Novartis takes a different approach. The company pushes executives to consider ways that unique packaging of expertise both within and outside the organization - could create new market opportunities to which they could respond. For example‚ the company routinely
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The Acquisition between Merck and Schering-Plough Introduction On March 9‚ 2009‚ Merck & Co.‚ Inc. and Schering-Plough Corporation announced that their Boards of Directors have unanimously approved a definitive merger agreement under which Merck and Schering-Plough will combine‚ under the name Merck in a stock and cash transaction. As the two companies’ combined 2008 revenues were $47 billion. The deal officially closed on November 3‚ 2009. Background of the two parties Merck & Co. (NYSE:
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As competitors start entering with low cost generics‚ Novartis felt the heat and focused on another molecule “Tasigna” which was not exactly the same in indication but to live blue ocean strategy‚ Novartis promoted “Tasigna” as best option in same subtype of cancer where Gleevec was indicated. Gradually with different campaigns and cannibalizing “Gleevec” by positioning over it‚ Novartis is playing again “Blue Ocean” strategy with no competitor as Tasigna is patented product
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