The Pharmaceutical Industry

The Pharmaceutical Industry

The primary theme of the paper is The Pharmaceutical Industry in which you are required to emphasize its aspects in detail. The cost of the paper starts from $79 and it has been purchased and rated 4.9 points on the scale of 5 points by the students. To gain deeper insights into the paper and achieve fresh information, kindly contact our support.

The Pharmaceutical Industry

The Pharmaceutical Industry

Question One

The worldwide pharmaceutical industry is highly profitable (see Table One and Table Two below). Using a five forces analysis assess how this high level of profitability is achieved in the UK ethical (or prescription) pharmaceutical industry. Identify the influence of any key macro factors.

Question Two

Consider the UK firm GlaxoSmithKline (GSK) and present a structured assessment of the resources and competences of the firm that contribute to achieving a leading position within the industry.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Table One: World’s largest pharmaceutical firms, 2013

 

 

Company

Total revenue ($bn) R&D spend ($bn)

Sales and marketing

spend($bn)

Profit ($bn) Profit margin (%)

 

 

 

 

 

Johnson & Johnson (US)

71.3

8.2

17.5

13.8

19

 

Novartis (Swiss)

58.8

9.9

14.6 9.2

16

 

 

Pfizer (US)

51.6

6.6

 

11.4

22.0

43

 

 

Hoffmann-La Roche (Swiss)

50.3

9.3

9.0

12.0

24

 

Sanofi (France)

44.4

6.3

9.1

8.5

11

 

 

Merck (US)

44.0

7.5

 

9.5

4.4

10

 

 

GSK (UK)

41.4

5.3

 

9.9

8.5

21

 

 

AstraZeneca (UK)

25.7

4.3

7.3

2.6

10

 

 

Eli Lilly (US)

23.1

5.5

 

5.7

4.7

20

 

 

AbbVie (US)

18.8

2.9

 

4.3

4.1

22

 

 

 

 

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