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Excerpt from Article in Pharmaceutical Executive Magazine
The pharmaceutical industry, like much of the business world, had for a time been enamored with The Republic of China. The reasons for that attraction were many. Most alluring was China's ever-increasing
populationnow 1.2 billion. Plush state-funded healthcare reimbursement plans encouraged the sale of drugs. Chinese consumers perceived foreign pharmaceutical products to be of high quality. And the Chinese government was offering significant incentives for foreign investment. As a result, China enjoyed a hearty influx of foreign pharmaceutical investments in the 1980s. |
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Excerpt from Consulting Firm's Capabilities Brochure
Product exclusivity is the lifeline of competitive advantage, but even in the largest pharmaceutical companies, research capabilities are limited. Yet there are many small biotech firms working on solutions to diseases. Alliances with such firms are proving to be a viable alternative or supplement to in-house development.
Excerpt from White Paper
In dealing with cost and price pressures, the pharmaceutical industry has been pulled apart by the need for global economies on one hand and national barriers on the other. This dichotomy has lead to the
fragmentation of operations across countries. The industry is, in other words, beset by many plants and little integration.
Excerpt from Article in Pharmaceutical Executive Magazine Written with
Consultant
... Many mergers and acquisitions do not generate the benefits that were expected because the companies do not address properly two key issues: people and processes. For example, top performers leave, and with them go the driving force behind major initiatives and prospects. Or employees are so focused internally on the merger, they neglect their day-to-day responsibilities. Or with people worrying about where they will fit in the new scheme, operational paralysis sets in, delaying and influencing important decisions. In brief, mergers and acquisitions fall short of their intended goals because the partners do not devote enough attention to the impact on the people and processes that give life to a company. |
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