Applying Porter’s Five Forces to Pharmaceutical Industry in Egypt The power of buyers is the impact that customers have on a producing industry. Like in any pharmaceutical industry throughout the world, key buyers from the manufacturers distributors of the products, which are mainly hospitals, pharmacies, general stores, and supermarkets (El-Khatib, 2011). The Egyptian pharmaceutical market is fairly fragmented with the pharmacies and drugstores forming the most important distribution channel for
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Introduction: The pharmaceuticals sector is one of the potential as well as capital oriented sectors in Bangladesh. The pharmaceutical industry in Bangladesh is also one of the most developed sectors within the country's economy. Pharmaceutical industry is technologically the most developed manufacturing industries in Bangladesh and the third largest industry in terms of contribution to government’s revenue. The industry contributes about 1% of the total GDP. The pharmaceuticals market is almost self-sufficient
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Merck, the FDA, and the Vioxx Recall In 1999 the Food and Drug Administration (FDA) had approved Vioxx, what would become Merck’s “blockbuster” drug. Although the FDA had approved the drug there was uncertainty of the safety of drug. Vioxx was approved to treat a variety of conditions, such as osteoarthritis and acute pain, but there was also a chance that it would increase cardiovascular problems. What I found most interesting about this case was the changes in how drugs are brought to consumers
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340B Contract Pharmacies Frequently Asked Questions What is 340B? The 340B Drug Pricing Program helps provide underserved populations with affordable prescription drugs through qualified community health organizations. Federal regulations allow community health centers to contract with retail pharmacies to dispense 340B medications. SUNRx enables these contract pharmacies to provide affordable medications to 340B customers seamlessly and efficiently. Our fully automated solution manages eligibility
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Chakraborty – 51B Industry Overview Competitor Analysis Market Analysis Consumer Insight STP 4P Analysis Recomen dations Business Model • All the players operating in this space are pursuing a marketplace model to sell pharmaceutical drugs. This is due to there being no legal provision for direct online retailing of drugs • These companies carefully curate their local pharmacy partners due to concerns of counterfeit drugs, misuse of customer data, misuse of drugs or poor customer
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INTRODUCTION Pharmaceuticals industry has a key role in manufacturing and developing new vaccines and drugs with an objective to improve life and prevention of diseases. Pharmaceutical industry have involvement in research and development, dealing in research and generation of new drugs, bulk manufacturing involving production of already existed drugs and in marketing. In spite of the fact that pharmaceutical industry is subjected to high risk and challenging business conditions as compared to
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Prices soar on generics Some low-cost generic drugs that have helped restrain health care costs for decades are seeing unexpected price spikes of up to 8,000 per cent, prompting a backlash from patients, pharmacists and now Washington lawmakers. A Senate panel met Thursday to scrutinize the recent, unexpected trend among generic medicines, which usually cost 30 to 80 per cent less than their branded counterparts. Experts said there are multiple, often unrelated, forces behind the price hikes
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The Pharmaceutical Industry and Unethical Research Business Research Res/351 November 12, 2013 Aruna Abeyakoon The Pharmaceutical Industry and Unethical Research The pharmaceutical drug companies have a tendency to focus more on the sales and revenue than the research of any given product. This trend leads to misrepresentation of crucial scientific research on products. An article in The New York Times from December, 2005 reported scientific research fraud to be a growing issue impinging
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Staloral Immunotherapy – Patient Information Staloral oral immunotherapy is an effective treatment for allergies. It is different to previous oral immunotherapies, which are diluted injectable solution, taken orally. In the 7 studies as of March 2007, it is equally an effective treatment as injection immunotherapy and a lot safer. Over 140 million doses of Staloral immunotherapy have been given without one serious reaction. Severe reactions have occurred with allpyral injection solution in about
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AN EXPLORATORY STUDY ON THE EXPORT POTENTIAL AND STRATEGIES OF BEXIMCO PHARMACEUTICALS LTD. [pic] [pic] [pic] AN EXPLORATORY STUDY ON THE EXPORT POTENTIAL AND STRATEGIES OF BEXIMCO PHARMACEUTICALS LTD. Submitted To: Professor Golam Mohammed Chowdhury Chairman Internship and Placement Program Supervised By: Mr. Ridwanul Huq Lecturer Submitted by: Md. Shoeb-Bin-Mananan MBA 38th Day Roll-38D Institute of Business Administration
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