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Introducing Aleve Plus

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Introducing Aleve Plus BUS620 Managerial Marketing

Instructor: Dr. Mary Wright

July 30, 2012

Introducing Aleve Plus

NSAIDs have become a major source of interest for consumers, especially those individuals who suffer from long – term pain. Several NSAID pharmaceuticals have been discontinued, for example Vioxx and Bextra. These products and others related to them are responsible for over 16,500 deaths annually in the United States alone. The side effects of NSAIDs are kidney and liver damage, blood disorders, heart attacks, strokes, hypertension, bleeding ulcers and serious interactions with other drugs. (Washington Post) It is imperative that researchers of Bayer find a solution for this problem that will ease the concerns of the consumer, as well as boost sales for Bayer.
1. Company Overview: Bayer was founded in 1863 in Barmen Germany by Friedrich Bayer and Friedrich Weskott. Today, Bayer currently ranks among the top consumer healthcare organizations world wide, and its mission statement is to provide quality healthcare products to their consumers. Bayer exists to attract and retain customers. Bayer is a global enterprise with core competencies in the fields of health care, nutrition, and high tech materials. As an inventor organization it sets a general direction of movement in research – intensive areas, and innovation is the key driver of Bayer’s future growth. Bayer’s products are formulated to benefit consumers, while improving the quality of life. Bayer is portrayed globally by approximately 300 companies and is headquartered in Leverkusen Germany. (Business week) Bayer’s Health Care segment is driven primarily by its pharmaceutical establishment but also includes its Customer Care

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