Please, can you provide a one-page answer to question number 3! This component is essential!
The patents form riskiest entry barriers in drug industry and thus generic drugs are forced to continuously innovate and repackage ingredients which sometimes is inefficient and ineffective to patients. Hence these big MNCs continuously charge premium prices becaus eof higj cost if patents and thus deliver supreme quality content which generic drugs fail to immitate because if high research development costs.
Similar large scale lawsuits have been filed by generic drug makers gainst Novartis which is seen to violate AntriTrust laws and US FDa for its product monopoly price.
However Novartis has deployed class of legal teams to handle various lawsuits as strategy. Moreover continous innovation and extra dosage efdects with change in packaging and pricing has been strategy to extend the patent life and thus the generic brand makers fail to immitate because of rising research development costs and immitation of secret ingredients..
Moreover firms establish strong distribution strategies with chemist shops and online portals to sell mesicines and offer retailers a decent margin. Marketing thus is huge with word of mouth and digital mediums to save on cost and maximise profitability.
Please, can you provide a one-page answer to question number 3! This component is essential! unheuser...
Hello I need question 3 with 3/4 of a page. There are two documents as you will see. unheuser has strugsled with slow growth of t Market Senacthure Monopoly and Monopoistic Competition 221 ket beers in recent years. U.S. sales laws in its efforts to prevent an Israeli company from successfully selling a generie version of its cholesterol medicine, TriCor. Drug companies usually have three to 10 years of exclusive patent rights remaining when their products hit the market. However,...
CASE 12.2 The Price of Life In a surprising announcement, the world's second largest pharmaceutical company, GlaxoSmithKline (GSK), announced that it would slash prices on the pharmaceuticals it sold in the world's poorest countries. The company challenged other pharmaceutical firms to do the same. Specifically, GSK declared that it would cut prices for all drugs in the 50 least developed countries to a level no higher than 25 percent of the price charged in the United States. The company also...
Video Transcript: >> And we have the grain, and its mixing with the water. >> As soon as Port City brews one of its four specialty beers it's out the door. >> We are in a fortunate position in that we're selling all the beer we can brew and we struggle to keep up with demand. >> Bill Butcher founded Port City Brewing Company two years ago, tapping into a nationwide boom in craft beers. The growing industry represents only...
Could someone take notes for me with explantation with these paragraph. Thank you inadvance. cluding oligopolyf of their effects 's long-run aveta uction are a wel E.com Econoward or her the plaustries beca Economien. RAC) slopes operation at eitherent industries be dries because only larges ceed with a larger se barrier to entry in benefits of these ecc es. Industries number of larys ests of production Microeconomic Analysis These factors apply to all imperfectly competitive firms, includin Well now describe...
Small craft brewers like Port City Brewing Company of Alexandria, VA, are very encouraged by the Department of Justice lawsuit because the bigger the big beer companies get, the harder it is for the smaller brewers to get a foothold in an increasingly competitive beer market. Which of the five direct conflict management strategies is being utilized by the large beer makers as it relates to the lawsuit by the Department of Justice? Direct Conflict Management Strategies 1.Accommodation or Smoothing...
Please Use your keyboard (Don't use handwriting) Thank you.. HCM 231 *** Please complete my answer to be 500 words .. I need new and unique answers, please. (Use your own words, don't copy and paste)*** Each student should write a page and a half about any factor that contributing in decreasing or increasing the cost of healthcare. ___ *** Please complete my answer to be 500 words .. I need new and unique answers, please. (Use your own words, don't copy...
PLEASE ANSWER #2 and #3. IF YOU CAN ONLY ANSWER ONE, PLEASE ANSWER #2. I ALREADY HAVE SOLVED #1. Question 1 Shannon’s distributes its beer through a wholesaler, Miller of Denton. The retail selling price for a six pack of its typical craft beer is $12.00. The retailer’s cost per six pack is $8.00. The wholesaler sells the beer to the retailer for this price. Shannon’s sells a six pack to the wholesaler for $5.40. Shannon’s variable costs of production,...
Please read the case and answer just 5. Question by filling the empty table on last picture. Case Westminster Company Company Profile Westminster Company is one of the world's largest manufacturers of consumer health products. Their distinctive name and company logo are recognized throughout the world. Originally founded as a family-owned pharmaceutical supply business in 1923, the company has expanded, by virtue of aggressive new product development, into a global vider of health care consumer products. Westminster maintains regional offices...
Hi can you make a summary about this short article, and also tell me how it does affects me economically ? HEALTH CARE 2 hospitals join consortium to trim drug costs CIVIC St. Luke's, Easton owner sign on with company making generic meds By Anthony Salamone Of The Morning Call Seeing no end to rising prescriptions costs and shortages in much-needed drugs, two area hospitals are joining to nationwide consortium that will produce generic medications for member hospitals without worrying...
Please read and summarize the below article in your own words and add to your summary... Please read and summarize the below article in your own words and add to your summary using what has actually been reported to what was predicted. What happened? Who benefitted? And Why? 500 words no plagiarism please Slow Repeal of the ACA and Its Effect on the Pharmaceutical Industry The ACA is Favorable to Pharma The ACA did not substantially reform or overhaul Pharma....