...John Blake and Cole Dominguez are both employed at Sycamore Pharmaceuticals. This case study is about the company manipulating scientific studies to say that the popular drug Osteoporin which is also used for rheumatoid arthritis was supposed to help the treatment of Crohn’s disease and lupus, but the scientific findings came back negative in helping with those two diseases. John Blake seems to be a genuine man and was truly feeling bad for not reporting the findings to anyone and keeping his mouth closed without letting anyone know. He was edgy, troubled and showing that he was repentant for taking part in this situation. Cole Dominguez was the complete opposite of those makings. He was more concerned with losing his next month’s bonus than feeling bad for the situation that had occurred. Both Blake and Dominguez had different views and attitudes towards how they were going to handle the scandal. Dominguez was going to stand by the manager no matter what in fear of losing his job in his defense he said he was only following orders. That may be true, but Dominguez showed no remorse or compassion for the patients that were affected by this situation. Dominguez thought that he was doing what he was told by the manager he would be not held responsible for the making of the scandal or situation which he was involved in. I will say that this showed his lack of personal ethical values and respect from the company. This would indicate that Dominguez is just as guilty as...
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...Case Analysis: Sycamore Pharmaceuticals ABS 415: Leadership & Ethics in a Changing World May 25, 2012 John Blake and Cole Dominguez are both employed at Sycamore Pharmaceuticals. This case study is about the company manipulating scientific studies to say that the popular drug Osteoporin which is also used for rheumatoid arthritis was supposed to help the treatment of Crohn’s disease and lupus, but the scientific findings came back negative in helping with those two diseases. John Blake seems to be a sincere man and was truly feeling bad for not reporting the findings to anyone and keeping his mouth shut. He was nervous, upset and showing that he was remorseful for taking part in this situation. Cole Dominguez was the complete opposite of those qualities. He was more concerned with losing his next month’s quarterly bonus than feeling bad for the situation at hand. Each man had different views and attitudes towards how they were going to handle the scandal. Dominguez was going to stand by the manager no matter what in fear of losing his job in his defense he said he was only following orders. That may be true, but he showed no remorse or compassion for the patients that were affected by this situation. His philosophy was along as he did was he was told by the manager he would be not held responsible. This showed his lack of personal ethical values. He is just as guilty as the manager of concealing this information. He felt that when...
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...Major Depression Disorder Major Depression Disorde The topic of this case study is Major Depression Disorder (MDD). This disorder is one of the most common psychiatric disorders, which occurs in both the young and old. Of all of the types of depression MDD is prominent due to the extent and duration of the most severe form of depression. It is second to heart disease in the extent it collaborates to the lower qualities of life. MDD is characterized by the effects it causes during such extent, leading it to be the most severe form of depression. In this paper the details of MDD, diagnosis, treatment, family, and psychosocial aspects will be covered. MDD as described by the DSM-IV TR is said to have 5 of the 9 disabling condition characteristics. Symptoms of MDD include but, are not limited to depressed mood, lack of interest, weight changes, sleep patterns, concentration issues, suicidal tendencies and thoughts. This disorder is characterized from other forms of depression such as seasonal affective disorder (SAD), and grief. For example, forms have less magnitude and shorter durations due to circumstantial situations related to the cause. MDD can be distinguished from other types of depression such as dysthymia and loss which, involve long-term chronic symptoms that do not disable and individual but, keep them from feeling good. The majestic of MDD can be conveyed by the social and occupational functioning. The downiness exemption to MDD need to...
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... Garry Jefferson hated his stay-at-home job. Day in and day out, he read and re-read essays written by illiterates hoping to scrape up a grade in his Psychology class. Fortunately, he never saw the acne pocked faces of the students he graded, and he could only imagine the facial horrors that roamed Blue River Community College’s halls. Blue River was a small town in central Colorado, inhabited by filthy rich old folk, and their grandchildren. The streets were clean, but the buildings that flanked the pavement were as dirty as could be. Inside the stone monoliths existed drug operations, brothels, cult gatherings, you name it. When the sun set is when the roles reversed, the filth being purged from their halls by police, and their hired mercenaries. This wasn’t a daily occurrence, maybe a bi-weekly one if things got heated between local gangs, but it was enough to create a tense atmosphere that lay in the air for all of time. Garry’s hand grew tired from typing at a maddening pace, correcting horrible grammatical errors, spelling errors and general un organization. He didn’t notice it at first, and when he did, panic began to set in. Sore hands slid from his keyboard as he slowly turned in his chair, and noticed the lights outside his office room were off. What he had noticed wasn’t the droning electrical sounds emitting from the lights that suddenly stopped when the fluorescent bulbs dimmed, but the slithering sound from the hallway. Then, dead silence, so quiet he could hear...
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... Garry Jefferson hated his stay-at-home job. Day in and day out, he read and re-read essays written by illiterates hoping to scrape up a grade in his Psychology class. Fortunately, he never saw the acne pocked faces of the students he graded, and he could only imagine the facial horrors that roamed Blue River Community College’s halls. Blue River was a small town in central Colorado, inhabited by filthy rich old folk, and their grandchildren. The streets were clean, but the buildings that flanked the pavement were as dirty as could be. Inside the stone monoliths existed drug operations, brothels, cult gatherings, you name it. When the sun set is when the roles reversed, the filth being purged from their halls by police, and their hired mercenaries. This wasn’t a daily occurrence, maybe a bi-weekly one if things got heated between local gangs, but it was enough to create a tense atmosphere that lay in the air for all of time. Garry’s hand grew tired from typing at a maddening pace, correcting horrible grammatical errors, spelling errors and general un organization. He didn’t notice it at first, and when he did, panic began to set in. Sore hands slid from his keyboard as he slowly turned in his chair, and noticed the lights outside his office room were off. What he had noticed wasn’t the droning electrical sounds emitting from the lights that suddenly stopped when the fluorescent bulbs dimmed, but the slithering sound from the hallway. Then, dead silence, so quiet he could hear...
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... Garry Jefferson hated his stay-at-home job. Day in and day out, he read and re-read essays written by illiterates hoping to scrape up a grade in his Psychology class. Fortunately, he never saw the acne pocked faces of the students he graded, and he could only imagine the facial horrors that roamed Blue River Community College’s halls. Blue River was a small town in central Colorado, inhabited by filthy rich old folk, and their grandchildren. The streets were clean, but the buildings that flanked the pavement were as dirty as could be. Inside the stone monoliths existed drug operations, brothels, cult gatherings, you name it. When the sun set is when the roles reversed, the filth being purged from their halls by police, and their hired mercenaries. This wasn’t a daily occurrence, maybe a bi-weekly one if things got heated between local gangs, but it was enough to create a tense atmosphere that lay in the air for all of time. Garry’s hand grew tired from typing at a maddening pace, correcting horrible grammatical errors, spelling errors and general un organization. He didn’t notice it at first, and when he did, panic began to set in. Sore hands slid from his keyboard as he slowly turned in his chair, and noticed the lights outside his office room were off. What he had noticed wasn’t the droning electrical sounds emitting from the lights that suddenly stopped when the fluorescent bulbs dimmed, but the slithering sound from the hallway. Then, dead silence, so quiet he could hear...
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...Salix has been a successful pharmaceutical company for 15 years. They have used the “search and develop strategy” in the US GI market for continued growth. The question remains can they continue to be successful with this narrow strategy or do they need to alter their mission? Do they need to revamp their “search and develop” strategy? Key issues Salix encounters are increased use of generics, limited scope of disease treatment, and dependency upon other research companies to initially start and develop chemicals. If Salix wants to expand their strategy scope, they could focus on medications in other areas of the body, they could expand outside of the US market, they could further develop their international partner network, or they could focus on their own research instead acquiring licenses and rights to other chemicals. Introduction Salix is a small pharmaceuticals company started in 1989. Since this time, Salix has acquired the rights to develop and market four major prescription compounds. They have become a successful player in the US gastrointestinal market, while profiting from licensing their products in other countries. Although Salix has been successful, the co owners must make a decision on whether or not their current strategy is sustainable. Can they still “search and develop” acquired compounds and stay successful? Salix needs to determine if their existing prescription drugs’ profitability can last while they find another research companies drugs...
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...Asst Manager Maintenance Asst Manager Quality Control Jr. Manger (Q.A)- A 4 3 1 4 1 5 1 Supervision of Production Activities 14500 do 14500 do 14500 do 10840 6 Jr. Manger (Q.A)- B 1 MSc (Pharmaceutical 1640-60-2600In charge of Quality Chemistry)/ MSc (Micro Biology) with 2 years 75-2900 Assurance experience in the relevant field. do 10840 7 Jr. Manger (Q.C) 2 B.Pharm with 2 years experience OR Msc. In charge of Quality (Chemistry)with 2 years 1640-60-2600Control 75-2900 experience/ BSc (Chemistry) with 5 to 7 years experience in relevent Field do 10840 STAFF/WORKERS:TECHNICAL 750-40-950-50B.Sc. (Chemistry) with D.Pharm 1200-60-1500Industrial DA Production of Drug and minimum 3 years 70-1990-80based on cost experience in Pharmaceutical Formulations 2390-95-2865- of living Index production 110-3415 630-25-755-30Minimum 10th Standard + ITI in 905-35-1080Production of Drug Fitter/ Machinist Trade with 2 40-1360-45years experience in a Formulations 1585-55-1860Pharmaceutical Company 65-2185 Minimum 10th Standard + ITI in 605-20-705-25Production of Drug Fitter/ Machinist Trade with 1 830-30-950-35Formulations year experience in a 1230-40-1430 Pharmaceutical Company 630-25-755-30Minimum 10th Standard + ITI in 905-35-1080Maintenance of Plant &Mechanical Fitter Trade with 2-5 years 40-1360-45experience in the relevant field 1585-55-1860Equipements 65-2185 1 Supervisor (Foreman grade) 2 9126 ...
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...Research Paper AstraZeneca Pharmaceuticals, (AZN) is one of the world's leading pharmaceutical companies with 57,000 employees worldwide in over 100 countries. Its corporate headquarters are in London, research and development headquarters are in Södertälje, Sweden, and its manufacturing facilities employ 9,600 people in 16 different countries. The company operates fourteen research and development sites in eight countries and has sales in over 100 countries around the world. AstraZeneca focuses its pharmaceutical business on seven key therapeutic areas: anesthesia and pain control, cardiovascular, central nervous system, gastrointestinal (it is a world leader in this therapeutic area), infection, oncology, and respiratory. Its product range includes such blockbusters as Nexium, Crestor, Seroquel, and Symbicort. AstraZeneca was formed as the result of the 1999 merger of two European pharmaceuticals companies: Astra AB of Sweden, a maker of pharmaceutical products and medical devices, and Zeneca PLC of the United Kingdom, a bioscience company focusing on pharmaceuticals, agricultural and specialty chemicals, and disease-specific healthcare services. One year after its merger, the company achieved sales of US$15.8 billion, with an operating profit of US$4 billion. In 2011, company sales and operating profit were $33.6 billion and $13.2 billion respectively. AstraZeneca is one of the world's largest pharmaceutical companies, with FY2011 sales of $33.27 billion and $10...
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...competitive in the today’s economy characterized by the globalization. By the way, Lot of changes has taken place in the health care industry. And the most significant change involves the growth of managed care in the health care industry. Managed care plans typically provide members with medical insurance and basic health care services, using volume and long-term contracts to negotiate discounts from health care providers. In addition, managed care programs provide full coverage for prescription drugs more frequently than do traditional medical insurance plans. Industry expert’s estimate that by the turn of the century, 90% of Americans will have drug costs included in some kind of managed health care plan, and 60% of all outpatient pharmaceuticals will be purchased by managed care programs. Knowing that the responsibility for managing the provision of prescription drugs is often contracted out by the managed care organizations to PBMs. As the key aspect of the shift to managed care is that the responsibility for payment is...
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...Analysis on Merck's Acquisition of Medco The reason behind a lot of Mergers & Acquisitions is due to the many changing forces in the business environment. Competitiveness, survival and profitability are key factors to the M&A. In the case of Merck, the plan for acquisition of Medco followed as competitors such as SmithKline Beecham, Roche Holdings Limited Eli Lilly and Company announced their plans to acquire other pharmaceutical companies and Health systems such as those of Diversified Pharmaceutical Services Incorporate, Syntel Corporation and PSC Health Systems, respectively. There still exist concerns on the executive team's side regarding whether or not to move forward with the acquisitions. Some favor the move and some do not. There are concerns about the synergies and integration of a highly research oriented pharmaceutical company such as Merck with a drug marketing company like Medco. In addition, there are concerns on the need to continue increasing the stock price for Merck and about the different business cultures between the two and how they may not mix well. This could result in an expensive failure. On the other hand, the marketing department fully supports the acquisition. The acquisition will provide leverage for marketing opportunities in the managed care area, given the size of the database for Medco. So, the plan is for Merck to acquire Medco for a $6.6 billion offer. Clear and substantive analysis of the M&A is needed for better decision making. Medco...
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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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...Biovail Case Assignment Questions: 1. How many truckloads of product are actually required to carry $10 million of product? Show your calculations. Given: a. 1 Wellbutrin XL tablet is estimated to be 1.5 cm3 (this includes the packing space) b. 1 18-wheeler trailer’s dimensions are: 17m x 4.5m x 2.5m Since the tablet and the trailer are using different units of measurements we need to convert the trailer dimensions to centimeters before we can calculate the volumes. a. To convert meters into centimeters the ratio is: 1meter = 100 centimeters 17m= 1,700 centimeters 4.5m = 450 centimeters 2.5m = 250 centimeters To calculate volume b. Volume of a rectangular prism = a x b x c Volume= 1,700 x 450 x 250 Volume = 191,250,000 cm3 c. To find out how many Wellbutrin XL tablets fit into a trailer 1.5x=191,250,000 X=127,500,000 d. How much revenue does Biovail get from a single pill ? 400% 35% $2.83 Biovail → Distributor → Wholesaler → Retailer 0.52 ← 2.10 / 400% ← 2.83/1.35%=2.10 127,500,000 x 0.52= $6,630,000 One truck can definately carry $10 million worth of Wellbutrin XL tablet product. 2. How should the company recognize revenue based upon the two possible FOB contract structures mentioned in the case? Since Biovail’s stock is publically owned it needs to file its financial statements with the SEC. The SEC requires that it abide by GAAP...
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...Concurrent Events : 2011 DHAKA, BANGLADESH 24-26 FEBRUARY-2011 The 8th International Exhibition on Asian Pharmaceutical Industries THE GATEWAY TO THE SOUTH ASIAN PHARMA MARKET Join with Expected Exhibiting Companies 450 Over Trade Professionals 9000 On sq. mt. Floor-space 8500 From Countries 28 VENUE : Bangabandhu International Conference Centre, Dhaka. Bangladesh ORGANISED BY SUPPORTED BY Bangladesh Association of Pharmaceutical Industries Bangladesh Aushad Shilpa Samity OFFICIAL ONLINE MEDIA If South Asia is your market, APE 2011 is your show www.asiapharma.org 2011 DHAKA, BANGLADESH 24-26 FEBRUARY-2011 Bangladesh Association of Pharmaceutical Industries Bangladesh Aushad Shilpa Samity ORGANIZING COMMITTEE CHAIRMAN Mr. Salman F Rahman PRESIDENT'S MES SAGE Vice-Chairman, Beximco Group CONVENOR Mr. Adbul Muktadir We, Bangladesh Association of Pharmaceutical Industries (Bangladesh Aushad Shilpa Samity) are delighted to inform you about the forthcoming international exhibition on South Asian Pharmaceutical industry – ASIA PHARMA EXPO- 2011 to be held in Dhaka from 24 to 26 February 2011. The South Asian Pharmaceutical market is currently experiencing unprecedented growth and as a result the ASIA PHARMA EXPO provides unlimited opportunity to all related business and trade professionals. In all our previous Asia Pharma Expo events, the participants from neighboring countries and other parts of the world...
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...I see the finish line before me and it is becoming a reality. People enter college for many reasons; this was the first step in my plan for the future. About five years ago, I had an accident. During this time, I was confined to a wheelchair and could not walk. While in therapy to begin walking again, I found that without insurance and very little money, you cannot afford your medication or even a simple wheelchair. During one of my many visits to the therapist, I was introduced to medical sales. I was given free samples of the medications I needed and could not afford at the time. I begin to read everything I could get my hands on to learn about the job of a medical sales representative. I found there are two sides to this job: Pharmaceutical Sales Representatives, and Durable Medical Equipment (DME) Sales Representatives. After much research, I discovered, although I loved sales, it was important to me to know I was making a difference in daily people’s lives. This caused me to choose to pursue a career in DME. I wanted to make sure that I had all of the needed qualifications to achieve this goal. Obtaining my degree was one of these qualifications. Step two was enrolling in a college. As fate would have it, we had a job fair at work and within six months I was in school. I then set down and made a short range goal of finding a job in a durable medical company. My strategic goal was to become the lead sales representative. I started my career late in life so my goal...
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