...A Case Write Up – Metabical Case Q1. Upon careful analysis of the case study we can summarise the current standing of the Metabical as a snapshot using the 5 Cs before deep-diving into the specific questions posed as follows: A. CUSTOMER: Metabical is a unique prescribed drug for overweight individuals with a BMI of 25 to 30. Essentially this group makes for our customers and consumers. More details of the target segment will follow as we discuss the case B. COMPANY: Metabical is wholly owned by by Cambridge Sciences Pharmaceuticals (CSI) an international pharmaceutical company of repute with a turnover of 25 billion dollars in 2007. C. COMPETITERS: The health and weight loss industry is cluttered with various weight loss drug options available - both prescribed and OTC, herbal remedies and dietary supplements. Meal and diet plans, exercise regimes and weight loss programmes also form the competitive landscape. D. COLLABORATORS: Doctors who prescribe the drug are influencers and we enlist them as our partners and collaborators E. CONTEXT: United States (the market) has an alarming percentage of excess weight population – 65% across ages. It is also a fairly mature market where there is high awareness for weight loss remedies. In fact, the weight loss drug industry is also tarnished by some deceptive media campaigns. There is however a defined need gap for a FDA approved prescribed drug with...
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...learning situation learn what/ However performance but does not appear in another mode. 5. authentic learning needs to be motivated and having a degree of force sufficient to activate the potential and abilities of the learner. 6. human learning often requires tools and techniques assisted by the learner in order to do the required educational activity. 7. characterized by mental humanitarian character of cognitive learning, in humans, learning especially among adolescent and adult are not even in the form of sensory motor only analysis, synthesis, and comparison and abstraction and generalization. There are 3 types of learning Classical conditioning, Operant conditioning, Observational conditioning Pfizer is an American multinational pharmaceutical company and its origin is located in New York City. It was founded by Charles Pfizer and Charles Erhart in 1849.It is specified in discovering and improving new and better methods to prevent and treat diseases and improve health for people around the world. Pfizer is called when German-American cousins Charles Pfizer and Charles Erhart (originally from Ludwigsburg, Germany) World Health Organization launched a chemicals business, Charles Pfizer and Company, from a building at the intersection of Harrison Avenue and Bartlett Street in Williamsburg, Brooklyn, in 1849. There, they created associate antiparasitic known as santonin. This was a right away success, though it absolutely was the assembly of acid that basically kick-started Pfizer's...
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...and usefulness of information. The current study examines how modern media, particularly television and the internet, have affected communication both between experts and the public, and among communities of experts. This is demonstrated by the analysis various forms of expert communications: a scientific journal article, news coverage of a political event, and televised advertisements for law firms. It is argued that the greater the premium a society places on specialized knowledge and skills, the more we are obligated to trust experts, and this entails a greater responsibility of “the media” to connect the public to experts in transparent and useful ways. Trust the Experts: The Importance of Media in Connecting Experts to the Public Contemporary “first world” society relies heavily on specialization and the distribution of labour. The complexity of our collective activities is beyond the capacity of any individual, and thus social responsibilities are divided largely on the basis of profession (Mieg, 2006). We entrust doctors with our health, lawyers with our legal issues, teachers with our educations, government officials with domestic and international policy issues, real estate developers and urban planners with the evolution of our cities’ infrastructures, etc. This creates an often invisible issue for the public: we rely on a variety of experts for the successful navigation of modern life, and in many cases, we are...
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...eport abuse Transcript of Metabical Case Study Presented by: The Lever Group Metabical - Case Study Goal? Targeting and Positioning: How to market Metabical to the correct audience to maximize sales Who are we? The Lever Group An independent market research group specializing in the balance between exercise and diet for overweight individuals Cambridge Sciences Pharmaceuticals (CSP) International health care company $25 billion in sales in 2007 Makers of Zimistat Metabical - may be first FDA approved prescription drug? Shown to be very effective for slightly overweight individuals The Situation Ideal target customer is a slightly overweight female between the age of 35-65. Positioning Strategy Losing weight is tough. You don't have to do it alone. Let Metabical and your health care provider start you on the road to a healthy weight and better life. (End Consumers) Advertising Message How to Market? TARGET: SWOT ANALYSIS CSP has spent 10 years and $400 million developing Metabical A successful launch will ensure a steady, long-term demand. Not a long term solution for patients Should be combined with diet and exercise Emphasize support program to change behavior patterns with over-eating The Consumer Decision Making Process Empower your patients to lose excess weight, change their unhealthy eating habits, and achieve long term success. Introducing Metabical – short-term drug therapy and a comprehensive support program for overweight patients. It gets results. (Health...
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...The Global Pharmaceutical Industry: Conduct an external analysis Introduction The pharmaceutical industry is described by high levels of risky and lengthy R&D process, tough competition for intellectual property, tighter government regulations and powerful pressures on buying power. (Johnson, 2006) In 2011, several blockbuster drugs patent like Lipitor will expire, possibly endangering the revenues of the pharmaceutical industry for the next three to five years. On the global level, the historical supremacy of the US was being challenged with the highest market growth rates recorded in emerging markets. The industry more than ever need to get a handle on the slippery business by offering a true step change in strategy. This case study will critically analyse the Global Pharmaceutical Industry with PESTEL, Porter’s five forces, SWOT analysis and plausible views of industry in the future. PESTLE PESTLE analysis used to help organisation to understand in depth that what is the current status of the organisation and the external factors which are effecting. It also helps to the Management to make strategy for the future and overcome the weak areas of the organization. PESTLE is comprises of political, Economical, Social, Technological, Legal and Environmental factors. Political The both policies (domestic and foreign) of government have a great effect on the industry innovation as compare to the other factors. To get the attentions of firms due to increase the economic...
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...& SCIENCE ASSIGNMENT” Submitted to: Dr. Umar Hayat Asim Submitted by: Ariba Inayet Roll# 05 Date: September 10, 2015 Islam: Islam is one of the largest religions in the world with over 1 billion followers. It is a monotheistic faith based on revelations received by the Prophet Muhammad in 7th-century Saudi Arabia. The Arabic word Islam means “submission” reflecting the faith's central tenet of submitting to the will of God. Followers of Islam are called Muslims. The sacred text of Islam, the Qur'an, was written in Arabic within 30 years of Muhammad's death. Muslims believe it contains the literal word of God. Also important is the tradition of the sayings and actions of Muhammad and his companions, collected in the Hadith. Islamic practices center on the Five Pillars of Islam—faith; prayer; fasting; pilgrimage to Mecca; and alms Science: Science is the system of acquiring knowledge through use of the scientific method — that is, generating hypotheses and theories through observation and testing. Science is intimately linked with technology; technology is developed using scientific discoveries and science is reliant on technology to further its ideas. The goals of science are to learn more about the world and use this knowledge for the betterment of humankind, or for the destruction of mankind, whichever comes first. The term "science" originally referred to knowledge in general. However, it has been evolved to refer primarily to the natural sciences the study...
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...Metabical: Pricing, Packaging &Demand Forecasting For A New Weight Loss Drug Metabical: Pricing, Packaging &Demand Forecasting For A New Weight Loss Drug Abstract Metabical will be the only weight loss drug clinically proven to be effective for moderately overweight people, also recognized by the FDA. The CSP’s (Cambridge Sciences Pharmaceuticals) drug Metabical got its final approval from the FDA. The senior marketing director for CSP-Barbara Printup must develop the marketing communication and positioning strategy for a successful launch of the new drug Metabical. The main points to be stressed on by Barbara are consumer decision making concept and understanding between the consumer who is purchasing the drug and the health care provider who prescribes the medicine. Poor positioning of the drug in a highly competitive market for weight loss solutions could prove to be disastrous despite promising medical studies and consumer research. CSP wanted to base their new product comparably to Alli, but felt Metabical could be priced at a premium due to the need of a prescription to get the drug. Pricing was the main concern with this product and several scenarios were run to try and project and forecast where the pricing would give the best returns on investment. Objective * Develop Positioning Strategy for the drug. * Build the marketing communication plan in order to create a strong level of understanding between the consumer and the prescriber of the drug...
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...Sample Case Scenarios Via: Harvard Business School Scenario 1: Clean Edge Razor: Splitting Hairs in Product Positioning description After three years of development, Paramount Health and Beauty Company is preparing to launch a new technologically advanced vibrating razor called Clean Edge. The innovative new design of Clean Edge provides superior performance by stimulating the hair follicles to lift the hair from the skin, allowing for a closer shave. The company has already decided to introduce Clean Edge into the men's market where it has a strong presence. Jackson Randall, the product manager for Clean Edge, struggles with how best to position the product for the launch. One strategy is to release Clean Edge as a "niche" product, targeting the high-end market of fastidious groomers looking for superior skin care products. Another strategy is to release the product into the highly competitive mainstream razor market where the product can be positioned as the most effective razor available. Randall meets internal resistance to the mainstream strategy from the product manager for the company's current, but aging, mainstream razor products and he must consider the effects of cannibalization in his plan. Randall must recommend an optimal strategy and provide supporting economic analysis of his decision--not just for Clean Edge, but for its effect on the entire company. Learning objective: Explore issues associated with strategic product positioning. Review new product development...
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...Measuring the Cost of Cybercrime Ross Anderson 1 Chris Barton 2 Rainer B¨hme 3 o Richard Clayton 4 Michel J.G. van Eeten 5 Michael Levi 6 Tyler Moore 7 Stefan Savage 8 Abstract In this paper we present what we believe to be the first systematic study of the costs of cybercrime. It was prepared in response to a request from the UK Ministry of Defence following scepticism that previous studies had hyped the problem. For each of the main categories of cybercrime we set out what is and is not known of the direct costs, indirect costs and defence costs – both to the UK and to the world as a whole. We distinguish carefully between traditional crimes that are now ‘cyber’ because they are conducted online (such as tax and welfare fraud); transitional crimes whose modus operandi has changed substantially as a result of the move online (such as credit card fraud); new crimes that owe their existence to the Internet; and what we might call platform crimes such as the provision of botnets which facilitate other crimes rather than being used to extract money from victims directly. As far as direct costs are concerned, we find that traditional offences such as tax and welfare fraud cost the typical citizen in the low hundreds of pounds/Euros/dollars a year; transitional frauds cost a few pounds/Euros/dollars; while the new computer crimes cost in the tens of pence/cents. However, the indirect costs and defence costs are much higher for transitional and new crimes. For the former they may be...
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...METABICAL CASE ANALYSIS Metabical is a prescription drug produced by Cambridge Sciences Pharmaceuticals (CSP) for weight loss, which was the first and only prescription drug to obtain FDA approval. The drug was developed to help aid people in the overweight segment to lose 10 to 30 pounds. Barbara Printup is the marketing director in charge of selecting a price for the new prescription drug. In a study CSP did with Metabical, people with a body mass index (BMI) of 28 to 30 had an average weight loss of 26 pounds over a 12 week period. At the same time, people with a BMI of 25-28 had an average weight loss of 15 pounds. This study found the new prescription drug to be useful and effective. Through research, Printup decided to target female consumers in the 35 to 65 age range with a college education. Metabical was also basing pricing and packaging compared to their main competitors in this particular market. CSP wanted to base their new product comparable to Alli, but felt Metabical could be priced at a premium due to the need of a prescription to get the drug, and the fact that they were the only FDA approved weight loss drug on the market. Pricing was a main concern with this product and several scenarios were run to try and project and forecast where the pricing would make the best return on investment (ROI). In order for the drug to be able to show positive results it is recommended that it should be taken daily for 12 weeks, without a single miss just like birth control...
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...Ozean Journal of Applied Sciences 5(2), 2012 Ozean Journal of Applied Sciences 5(2), 2012 ISSN 1943-2429 © 2012 Ozean Publication THE RELATIONSHIP BETWEEN JOB SATISFACTION AND ORGANIZATION COMMITMENT AMONG MANGERS IN TELECOMMUNICATION COMPANIES IN JORDAN YASER MANSOUR ALMANSOUR Al Balqa Applied University, Amman – Jordan E-mail address for correspondence: yaser111956@yahoo.com _____________________________________________________________________________________________ Abstract: This study examines the relationship between job satisfaction and organization commitment in telecommunication companies in Jordan. In today’s global economy, organizations incorporate programs like total quality management, employee involvement, job enrichment, skill-based pay, gain sharing plans to gain a competitive edge. Questionnaires were employed to the managers in telecommunication companies in AmmanJordan. 135 sample were selected, the data was analyzed based on SPSS version 17.0. Regression and correlation analysis were used, the result shows that there is a significant and positive relationship between job satisfaction and organization commitment. However, results generally supported the hypotheses that are posited for this study which is there is a positive relationship between organizational commitment and job satisfaction among the managers in telecommunication companies in Amman - Jordan. Keywords: job satisfaction, telecommunication companies, organization commitment ______________...
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...DRUG DEVELOPMENT SCIENCE Obstacles and Opportunities for Collaboration Among Academia, Industry and Government January 13–14, 2005 Washington, DC David Korn, M.D. Donald R. Stanski, M.D. Editors DRUG DEVELOPMENT SCIENCE Obstacles and Opportunities for Collaboration Among Academia, Industry and Government Report of an Invitational Conference Organized by The Association of American Medical Colleges Food and Drug Administration Center for Drug Development Science, at the University of California, San Francisco January 13-14, 2005 Washington, DC David Korn, M.D. Donald R. Stanski, M.D. Editors DRUG DEVELOPMENT SCIENCE ACKNOWLEDGEMENTS This is the report of a conference convened by the Association of American Medical Colleges and the Food and Drug Administration in response to the FDA white paper entitled “Innovation or Stagnation: Challenge and Opportunity on the Critical Path to New Product Development”. The conference was partially supported by the FDA. The AAMC acknowledges with gratitude the additional support provided by Abbott Laboratories, Cephalon, Inc., Eli Lilly and Company, GlaxoSmith Kline, Merck & Co. Inc., and Pfizer, Inc. The conference planning committee consisted of Drs. David Korn, Joel Kupersmith, Carl Peck, Donald Stanski, and Janet Woodcock. Figures 1 and 2 are taken from the FDA white paper. The back cover composite is derived from charts presented at the conference by Dr. Peter Corr, Pfizer, Inc. The report was designed by Douglas Ortiz, AAMC...
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...photocopying or by information storage or retrieval systems, without prior written permission from the Publisher. All rights reserved. Not for commercial use or unauthorized distribution Downloaded from content.healthaffairs.org by Health Affairs on February 29, 2016 at UNIV OF CALIFORNIA Intellectual Property & Innovation By Henry G. Grabowski, Joseph A. DiMasi, and Genia Long 10.1377/hlthaff.2014.1047 HEALTH AFFAIRS 34, NO. 2 (2015): 302–310 ©2015 Project HOPE— The People-to-People Health Foundation, Inc. doi: Henry G. Grabowski (grabow@ econ.duke.edu) is a professor of economics at Duke University, in Durham, North Carolina. Joseph A. DiMasi is director of economic analysis at the Tufts Center for the Study of Drug Development, Tufts University, in...
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...results for DRX c. Clinical Trials and funding needs for DRX d. Overview of Phase I Results for DRX e. Probability DRX clears phase II III. Market Overview - Hair Therapy Industry a. Market and competitive landscape b. DRX competitive advantage c. DRX Sales Forecast (three scenarios) d. Analyst Assumptions IV. Risk Profile for early/mid stage biotech companies a. Assumptions- Beta, Cost of Capital, WACC V. Overview Regenerate Biomedical funding options for DRX a. Initial Public Offering (IPO) b. Private Equity (PE) c. Big pharmaceutical company a. “Aderans” preliminary acquisition offer d. Venture Capital b. “Bio Venture” preliminary deal terms VI. Results and Conclusion a. Strategy 1 b. Strategy 2 c. Strategy 3 I. Early/mid stage biotech funding environment at a glance Biotechnology is typically defined as any science that harnesses cellular and bimolecular substances to develop new technology, drugs and products. Biotechnology has multiple applications - food alteration, genetic research, environment and energy, and human and animal health products, to name a few. Over the years, the biotech industry has produced some of the world’s greatest advances in cancer therapy, gene therapy, biofuels, etc. Small private biotech companies produced many of these advances buts so few of these companies ever make it. In fact only 1% of drugs in development will ever reach market. Getting a drug through...
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...of different competitive advantages, than MNEs that came before. Finally, research on Indian MNEs can help identify generic strategies for internationalization, examples of which are provided in the article. By pursuing the lines of inquiry proposed, research on Indian MNEs can contribute not just to better local practice but also to broader theory building about early-stage internationalization. Ravi Ramamurti is CBA Distinguished Professor of International Business and Director, Centre for Emerging Markets, at Northeastern University, USA. E- mail r.ramamurti@neu.edu. This essay draws heavily on the author’s two papers (“Why Study Emerging-market Multinationals?” and “What Have We Learned about Emerging –market Multinationals?”) in Ravi Ramamurti & Jitendra V. Singh (eds.) (2009), Emerging Multinationals in Emerging Markets, Cambridge, UK: Cambridge University Press. Research on Internationalization of Indian Firms Research on India’s emerging multinational enterprises (MNEs) may be intrinsically rewarding for India specialists, but to interest the broader community of international business (IB) scholars, it must contribute to IB theory more generally. In this essay, I will suggest a few ways in which such a contribution might be made. My argument, quite simply, is that the extant IB literature on how firms become multinationals is rather limited and that research on the internationalization of Indian firms provides an...
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