As India edged nearer to full membership of the World Trade Organisation in 2005, Indian pharmaceutical companies faced new realities. For Ranbaxy Laboratories, a major player in the Indian generic drugs market, a successful adaptation to life in this new market was key to the company’s future. This case, Ranbaxy Laboratories Limited: At the Crossroads by Amitava Chattopadhyay and Swati Srivastava examines one company facing … [ Read more ]
Content: Case Study | Authors: Amitava Chattopadhyay, Swati Srivastava | Source: INSEAD | Subjects: Industry Specific, International | Industry: Pharmaceutical | Company: Ranbaxy Laboratories Limited
Hank McKinnell is Chairman and CEO of Pfizer Inc, the world’s largest research-based pharmaceutical company. With 120,000 employees – including 97 Stern alumni – Pfizer had 2002 revenues of $32.4 billion and a research and development budget of $5.3 billion. Familiar Pfizer products include the prescription drugs Celebrex, Lipitor, Viagra, and Zoloft, and over-the-counter products like Benadryl, Listerine, and Lubriderm. McKinnell, a graduate of the … [ Read more ]
Content: Thought Leader | Source: STERNbusiness (NYU) | Subject: Management | Industry: Pharmaceutical
The anti-ulcer market is one of the largest categories of prescription drugs in the pharmaceutical industry. Its history dates to 1976, when a US based pharmaceutical company SmithKline launched Tagamet. This Nobel prize-winning breakthrough drug quickly rose to become the largest-selling pharmaceutical product. As the incumbent, Tagamet seemed unshakeable, but with the introduction of its ‘me-too’ product Zantac, UK-based Glaxo managed to … [ Read more ]
Content: Case Study | Authors: Christian Pinson, Reinhard Angelmar | Source: INSEAD | Subjects: Industry Specific, Marketing / Sales | Industry: Pharmaceutical | Company: GlaxoSmithKline plc
The high cost of pharmaceuticals is a serious concern for government officials trying to reduce health care expenditures. In this new Case Study, Professor Chandon and Research Associate Sarah Spargo, look at the battle between branded and generic prescription drugs, and explain how SmithKline Beecham reacted to a direct attack on one of their ‘jewel’ drugs.
Content: Case Study | Authors: Jacques Lendrevie, Marc Vanhuele, Olivier Kovarski, Pierre Chandon, Sarah Spargo | Source: INSEAD | Subjects: Industry Specific, Marketing / Sales | Industry: Pharmaceutical | Company: GlaxoSmithKline plc
The pharmaceutical industry is at a familiar crossroad: The forces that have rocked pharmaceutical companies over the past century are intensifying, and challenges from the new century are emerging at an equally intense pace. Companies are continuing to grapple with shorter periods of drug exclusivity, proliferation of generic competition, uncertain market growth for ethical products, and rising costs for research and development (R&D). At the … [ Read more ]
Content: Article | Source: A.T. Kearney | Subject: Industry Specific | Industry: Pharmaceutical
Rhodex-Puguet has long been a leader in the specialty chemicals market. Its success has been attributed to heavy investment in R&D, but lately, instead of producing innovative, new products, it’s having problems with missed deadlines, overworked staff and unclear expectations. So what does a firm do when it finds its R&D suddenly stands for Returns Declining? Professor Arnoud De Meyer challenges you to find the … [ Read more ]
Content: Case Study | Author: Arnoud De Meyer | Source: INSEAD | Subjects: Industry Specific, Strategy | Industry: Pharmaceutical | Company: Rhodex-Puguet S.A.