References: 1) BMO Capital Markets Large-Cap Pharmaceuticals Report‚ January 2009 2) Credit Suisse US Major Pharmaceuticals Report‚ January 2009 3) Credit Suisse Pfizer and Wyeth Acquisition Report‚ February 2009 4) Pfizer-Wyeth Proxy Report‚ June 2009 5) www.Pfizer.com 6) WRDS Data Base 7) S&P Net Advantage Database
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affiliated with the pharmaceutical and praise the drug that the company wants to endorse. When these companies get articles published about their drug its free advertising. So when other doctors read the article their actually looking at an advertisement but they don’t know it. These medical journals are supposed to be unbiased and legitimate. This is undermining why these medical journals are published and taken so seriously. In my opinion this is the worst thing a pharmaceutical company can
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The Pharmaceutical industry in India is the world ’s third-largest in terms of volume and stands 14th in terms of value. According to Department of Pharmaceuticals‚ Ministry of Chemicals and Fertilizers‚ the total turnover of India ’s pharmaceuticals industry between 2008 and September 2009 was US$21.04 billion. While the domestic market was worth US$ 12.26 billion. Sale of all types of medicines in the country is expected to reach around US$19.22 billion by 2012. Exports of pharmaceuticals products
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Executive Summary Glaxo Wellcome Inc’s primary business is to market prescription products to physicians and health care providers. One of the top three pharmaceutical firms in the world‚ Glaxo Wellcome Inc. held about 4 percent of the worldwide prescription pharmaceutical market. The U.K. based company was formed in 1995 when Glaxo Pharmaceuticals acquired Burroughs Wellcome. While the company is based in the U.K.‚ the U.S. market represented approximately 40 percent of worldwide sales while the
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org/gsk-pays-3-billion-fine/ http://www.nytimes.com/2012/07/03/business/glaxosmithkline-agrees-to-pay-3-billion-in-fraud-settlement.html?_r=0 The pharmaceutical giant and British drug maker‚ GlaxoSmithKline‚ has agreed to plead guilty and pay the government three billion dollars in a health care fraud settlement bought by the FDA. This is the largest settlement involving a pharmaceutical company in recorded history. GSK have admitted to committing three fraud charges. They promoted the off-label use of two anti-depressant
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5 0.45 0.40 0.375 0.40 Selected Industry and Product Description: Pharmaceutical Industry‚ Atorvastatin Drug (Cholesterol Lowering Drug) Existing Trade Relationships & Future Potential3: Russia and European Union are Ukraine’s first and second largest trading partners. Ukraine does not have a FTA with India yet‚ still India stands second in terms of Pharmaceuticals exports to Ukraine‚ next to Germany. Ukraine has a DCFTA and
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business globally specializing in consumer products‚ medical devices and diagnostics‚ and pharmaceuticals. Consumer products are the company’s most recognizable segment‚ including popular brands like Tylenol‚ Johnson and Johnson Baby Shampoo and Band-Aid. The medical devices and diagnostics segment manufactures products including surgical equipment and contact lenses. The largest of the three segments is pharmaceuticals. Johnson and Johnson is poised for growth on many fronts. Their short-term outlook
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passionate about having a rotation at the Food and Drug Administration (FDA) because I know that I would be exposed to various backgrounds of pharmaceuticals such as regulations‚ quality‚ standards of procedure‚ and policies. I believe the FDA’s Office of Pharmaceutical Sciences is the appropriate place to gain meaningful experience in the field of pharmaceutical regulation. I am particularly interested in working with the Office of New Drug Quality Assessment department in order to be familiar with
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Q1. How does Merck evaluate the effectiveness of its ethics-related activities? Merck has a strong sense of ethics within the company ’s credo and morals and also reflects on its employees. In spite of having major financial crisis‚ its motto never changed or got altered. It increased the finding to the research institutions in Africa and places. It made sure that the motto of the George W. Merck‚ former Chairman and son of the founder of Merck was always above any hurdles that Merck as a company
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Eli Lilly is among the top 15 competitors in the $191 billion worldwide ethical pharmaceutical market and must decide on the type of manufacturing strategy for their new pharmaceuticals to remain competitive. Their objectives include increasing new product speed to market by 50% and reducing the cost of manufacturing by 25%. The issues facing the company’s manufacturing strategy decision are numerous. The pharmaceutical industry’s average annual growth rate in 1982 through 1992 was 18%; however‚
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