Table of Contents Introduction: 1 Bangladeshi Pharmaceutical Industry: 2 Industry Analysis: 2 Competitive Force 1: Rivalry among Existing Firms 3 Competitive Force 2: Threat of New Entrants 3 Competitive Force 3: Threat of Substitute Products 3 Competitive Force 4: Bargaining Power of Buyers 4 Competitive Force 5: Bargaining Power of Suppliers 4 Competitive Strategy Analysis: 5 Cost Leadership: 5 Product Differentiation: 5 Corporate Strategy Analysis: 6 Conclusion:………………………………………………………………………………………………………7
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Introduction GlaxoSmithKline (GSK) is a pharmaceutical company which also deals with ‚ vaccines‚ biologics and consumer healthcare products. By the measure of revenues its stated to be the worlds third largest pharmaceutical company. GSK headquarters are located in London‚ United Kingdom where it has a primary listing on London stock Exchange and secondary listing on NewYork Stock Exchange. GSK has a challenging and inspiring mission to improve the quality of human life by enabling people to do
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Pharma is one of the most developed sectors contributing to the growth of Bangladesh economy. The key factors which has aided growth of this sector are the professional knowledge‚ thoughts and innovative ideas of the pharmacists working in this sector. The development of this sector had accelerated after the promulgation of Drug Control Ordinance - 1982. The recent developments of this sector has enabled Bangladesh to export medicines to global markets including the European market. This sector
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Deontological Ethical Analysis of Direct-to-Consumer Pharmaceutical Marketing In Deontological ethics‚ morality of an action is based upon the particular action’s adherence to moral laws independent of their consequences (DeGeorge 62). Direct-to-consumer marketing of pharmaceuticals has had heated debate with logical arguments from those for‚ and for those against allowing such practices to exist. I do not believe the marketing of the prescription medication to be solely unethical but more
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Bangladesh Association of Pharmaceutical Industries (BAPI)‚ the stalwart association of pharmaceutical manufacturers of the country was instituted in 1972‚ Since then BAPI playing a pivotal role in shaping up the industry. Association’s member include large‚ medium‚ small‚ national and foreign companies who together are responsible for manufacturing 96% of the country’s pharmaceutical production. This indeed proves the success of BAPI as a responsible and acceptable body. Prospect of medicine
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Q1. Which of the following types of firms do you expect to have particularly high or low asset turnover? Supermarket – High asset turnover. Supermarkets tend to be high volume businesses. Many of the food products in supermarkets are perishable‚ and freshness is often used to differentiate products‚ forcing a certain amount of inventory turnover. The typical consumer buys groceries on a regular basis‚ guaranteeing grocery stores a certain level of overall business. Apart from inventories‚ supermarkets
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Unit 4222-616 (AMS 34) Administer medication to individuals‚ and monitor the effects Outcome 1 1 Current legislation‚ guidelines‚ policies and protocols relevant to administering medication are:- The Medicines Act 1968 – requires that local pharmacist or dispencing doctor is responsible for supplying medication. The Misuse of Drugs Act 1971 – controls dangerous and harmful drugs‚ I.e. controlled drugs (CD’s) The Misuse of Drugs and the Misuse of Drugs Regulations 2007 – specifies about handling
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Unit title: Support use of medication in social care settings Unit number: HSC 3047 Unit reference: F/601/4056 1.1. Identify legislation that governs the use of medication in social care settings. The Medicines Act 1968‚ the Misuse of Drugs Act 1971 (and later amendments)‚ the Misuse of Drugs (Safe Custody) Regulations 1973 (and later amendments)‚ the Health and Safety at Work Act (1974)‚ COSHH‚ the Mental Capacity Act (2005) the Access to health records Act (1990)‚ the Data Protection
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Daffodil International University Assignment on Industry Analysis of pharmaceutical industry. Prepared for- Shahnoor lecturer Daffodil International University Prepared by- Name ID Ruhul Amin 113-11- MD. Tuammel
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Background The Medicines Company’s business model is to acquire or lease products in the development stage from leading pharmaceutical companies. Essentially‚ they will acquire or lease drugs that have been abandoned or shelved due to lack of early stage research results. The company’s success lays on their being able to save "rejected" compounds‚ receive FDA approval for their use‚ and still turn a profit. This case study provides a look at the first few years of this start-up company‚ from the
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