The document discusses Novartis, a Swiss pharmaceutical company. It provides background on Novartis, including that it was created through a 1996 merger. It then discusses Novartis' case regarding an Indian patent, with timelines of key events from 1997 to 2009. Finally, it summarizes that Novartis spent very little (0.03%) of its Indian revenue on research and development in India, contradicting claims that restricting patents would reduce innovation.
The basics of launching a pharmaceutical drug-
Based on studies done on the practices of 13 top pharmaceutical companies in the world.
For more, write to info@markivmedical.com
Novartis is a global healthcare company based in Switzerland that provides solutions to address the evolving needs of patients worldwide. Our mission is to discover new ways to improve and extend people’s lives. Our vision is to be a trusted leader in changing the practice of medicine.
How Many Types of Marketing Strategies in Pharma Sector? - Ambit Bio Medixambitbiomedix12
If you are looking to many types of Marketing Strategies in Pharma Sector then Ambit Bio Medix is one of best top 10 pharma franchise companies at the best price. Here are the Many Types of Marketing Strategies in Pharma Sector.
Pharmaceutical Branding: Therapeutic Franchise / Range Brand ModelDavid Delong
The traditional pharmaceutical branding model is flawed strategically, tactically and financially. In this presentation we review the different branding models available to pharma with a focus on the disadvantages of the current pharma Brand as Product model
The basics of launching a pharmaceutical drug-
Based on studies done on the practices of 13 top pharmaceutical companies in the world.
For more, write to info@markivmedical.com
Novartis is a global healthcare company based in Switzerland that provides solutions to address the evolving needs of patients worldwide. Our mission is to discover new ways to improve and extend people’s lives. Our vision is to be a trusted leader in changing the practice of medicine.
How Many Types of Marketing Strategies in Pharma Sector? - Ambit Bio Medixambitbiomedix12
If you are looking to many types of Marketing Strategies in Pharma Sector then Ambit Bio Medix is one of best top 10 pharma franchise companies at the best price. Here are the Many Types of Marketing Strategies in Pharma Sector.
Pharmaceutical Branding: Therapeutic Franchise / Range Brand ModelDavid Delong
The traditional pharmaceutical branding model is flawed strategically, tactically and financially. In this presentation we review the different branding models available to pharma with a focus on the disadvantages of the current pharma Brand as Product model
Strategic Management Case of Pfizer. From text book by David, Fred R. "Strategic Management Concepts & Cases",13 th Ed. Assignment on Strategic Management Class in Universitas Tarumanegara Post Graduate class.
HR Leadership now requires an astute understanding of three spheres:
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In this webinar the Lead speaker Mr. Aadesh Goyal, Chairman & CEO at
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Intellectual property litigations: A case study of Anticancer drug Glivec in ...Dr Shahid Saache
This presentation include brief about various intellectual property rights in India like patent, copyright, trademarks etc. It also include a detailed case discussion of Novartis anticancer drug Glivec i.e imatinib mesylate which is a patent case.
Research Report on Abbott India Ltd. on the basis of Company Profile, Management, Shareholding Pattern, SWOT Analysis, Competitive Analysis, and Way forward.
Tracxn Startup Research — Life Sciences Landscape, October 2016Tracxn
There were 20+ acquisitions in this space in 2016; IBM’s $2.6B acquisition of Truven Analytics, and Affymetrix’s acquisition by Thermo Fisher Scientific for $1.6B were the largest M&A events for the sector this year.
Strategies for Conducting New Product Scientific Assessment - Yavuz SILAY - D...Yavuz Silay
Strategies for Conducting New Product Scientific Assessment - Due Diligence - New Strategies for Successful Licensing Acquisitions , DIA , Session Panel, June 22 2008,
Author is a well experienced Regulatory Professional submitted DMFs and Dossiers to Regulated markets. worked with Lupin, Granules india, IPCA subsidory kerbs , Biological E ltd , SFC chemicalsLtd a USA based company and hosted many a FDA, EDQM and EU GMO as well as MFDS korean audits .let the pharma professionals take the benefit of this PPT. contact on 7780307302 and eamil: info.intertechlabs@gmail.com
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
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Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
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3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
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As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
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3. Novartis
• Novartis is a Swiss multinational pharmaceutical company
based in Basel, Switzerland, ranking number two in sales
(46.806 billion US$) among the world-wide industry in 2010.
• Novartis is a full member of the European Federation of
Pharmaceutical Industries and Associations (EFPIA), the
International Federation of Pharmaceutical Manufacturers
and Associations (IFPMA) and the Pharmaceutical
Research and Manufacturers of America (PhRMA).
02
4. Novartis (Contd.)
• Novartis was created in 1996 from the merger of CibaGeigy and Sandoz Laboratories, both Swiss companies with
long histories.
• Novartis has its major bases for R&D in Basel
(Switzerland), Hyderabad (India), Shanghai (China), and
Cambridge (USA).
03
5. The Novartis Saga: a timeline
1
1997: Novartis files a patent application in India for its drug Gilvec
2
2005: India introduces the Indian Patent Act preventing frivolous patents
3
Jan 2006: The Patent Controller in Chennai denies Novartis a patent
4
May 2006: Novartis challenges the Indian government and four other
companies in the Madras High Court
5
Aug 2007: The Madras High Court rules against Novartis’ case
6
June 2009: The Intellectual Property Appellate Board rejects a fresh appeal
7
August 2009: Novartis approaches the Supreme Court of India
Your 04
6. R&D Myth
Revenue
India’s drug production is of over Rs.
100,000 crore.
Novartis’ turnover is a little over Rs.
1,000 crore.
Which constitutes to be around one
per cent
R&D
Total expeenditure incurred by
Novartis India in 2012 was Rs. 800
crores.
Out of the total expenditure, Rs. 29
lakhs was for R&D,
Which is around 0.03 per cent.
Your 05
7. Strategic Group
R&D strategy
Applied R&D
Basic R&D
Strategic Group of Novartis
Sun Pharmaceutical, Cipla, Dr. Reddy's Laboratories
GlaxoSmithKline, Pfizer, Novartis
Your 06
8. Ethical issue in Novartis
Ethical dilemmas
Drug pricing and marketing,
Role of intellectual property rights and patent protection
Moral and economic requisites of research
Sales team - bribing stockist
Massive discounts to push sales
Drug for free on some occasions, up to 20% discount
Fired the sales man who generally follows the strategy formulated by the top
management
Your 07
9. Corporate Governance in Novartis
Board of Directors
Four Directors - Executive and three Non- Executive
50% of the Board - Independent Directors
Audit committee
Provisions of Clause 49 of the Listing Agreement and Section 292A of the Act
External and Internal Auditors
Information access from records
Your 08
10. Corporate Governance in Novartis
Remuneration Committee
Criteria of payment of Managerial remuneration
Shareholders’/Investors’ Grievances Committee
Shareholders’ and investor complaints/grievances
Means of Communication
Quarterly, half-yearly and annual results of the company are published in
newspapers.
Your 09
11. Stakeholders’ Strategy
Employees’ point of view
Restricted Shares and Tradable Options granted under “Select” plan
Benefit Plans for post-employment benefits -Provident Fund, Gratuity, Leave
Encashment, Non-Contractual Pension Plan and Post-retirement Medical
Benefits
Long Service Awards
Your 10
12. Stakeholders’ Strategy (Contd.)
Society’s point of view
Fight against leprosy
Donation of cash and drugs worth 15 million RMB - earthquake-stricken Sichuan
Challenge to reduce and formulate price based on country’s economy
Your 11
13. Pharmaceutical policy
Patent law
Applied to all inventions, whether mechanical, pharmaceutical or electronic, the int
erpretations of patent law made by government patent granting agencies and cour
ts are very subjective.
Licensing
Licensing involves the approval of a product for sale in a jurisdiction. It is controlled by Central
Drugs Standard Control Organization under the ministry of health department, Indian
government.
Your 12
14. SWOT Analysis
Threats
1. Increasing obsolesce of technology
2. Competition from peers
Weakness
1. Case regarding Indian patent laws also
created a problem for the brand
2. Company’s image was affected due to the
unethical advertisement
3. No formulation for children; only one
formulation is available
4. Failure of Galvus to position Novartis in the
Diabetes market
Opportunities
1. High market growth rate due to increasing rate of diseases
2. Venture into health needs in under-developed and poor
countries
3. Broad-based medical innovation (in technologies and
businesses)
Strengths
1. Market leader in terms of sales (Has a global reach in over 140
countries)
2. Core businesses in health care sector
3. Wide range of products in pharmaceuticals, vaccines, consumer
health, generics and animal health
4. Well established Research and Development
5. Strong brand image
Your 13
15. SPACE Matrix
Sl. No.
Financial Strength (FS)
Rating
1.
Growth of Net Worth @16.34%
6
2.
Growth of Market Cap @ 18.46%
6
3.
Debt-Equity Ratio of 0.00 since March ‘09
4
TOTAL
Sl. No.
16
Industry Strength (IS)
Rating
1.
India is poised to become Pharma-hub of the world
6
2.
Increase in medical expenditure
5
TOTAL
11
Your 14
16. SPACE Matrix (Contd.)
Sl. No.
Environmental Stability (ES)
Rating
1.
Change in Patent rules
-4
2.
Broader and stronger consumer base
-6
TOTAL
Competitive Advantage (CA)
Sl. No.
-10
Rating
1.
Worldwide patents
-4
2.
R&D
-6
TOTAL
-10
Your 15
17. SPACE Matrix (Contd.)
•
Based on the above internal and the external dimensions, the directional
vector coordinates are as follows
–
–
X coordinate = CA Rating + IS Rating = -10 + 11 = +1
Y coordinate = FS Rating + ES Rating = +16 – 10 = +6
8
3
-2
-1.5
-1
-0.5
-2 0
0.5
1
1.5
-7
-12
Your 16
2
18. QSPM
Stop investing in R&D India
Key
Weight
AS
1. Worldwide R&D
0.2
2. Product range
3 Brand Image
Continue investing in R&D India
TAS
AS
TAS
1
0.2
4
0.8
0.1
3
0.3
4
0.4
0.2
1
0.2
3
0.6
1. New Patent Laws
0.3
2
0.6
2
0.6
2. Unethical advertisement
0.2
1
0.2
3
0.3
SUBTOTAL
1
Strength
Weakness
1.5
2.7
Opportunities
1. High Market
0.2
2
0.4
4
0.8
2. Purchasing power
0.3
3
0.9
3
0.9
3. Increase spending
0.2
3
0.6
1
0.2
Threats
1. obsolescence
0.1
4
0.4
5
0.5
2. Competition
0.2
1
0.2
3
0.6
SUBTOTAL
1
2.5
3
Your 17
19. QSPM (Contd.)
•
•
•
•
QPSM table clearly indicates that continuing the R&D in India has a relatively higher
attractiveness score by comparing the two alternatives based on the key factors both
internal and external.
As calculated above, it is very much evident that Novartis can have huge prospects
by trying to capitalize on its strengths and utilize the current opportunities rather than
being defensive.
Also the magnitude of the difference between the grand Total Attractiveness Score
clearly indicates the relative desirability of choosing to continue investing on R&D
rather than not to invest.
Considering the growth of pharmaceutical industry and the increased spending of
customers, Novartis could have tried to capitalize upon its strong brand image and its
wide product range.
Your 18
20. Change Platform
Organisation
structure and
culture
Diversity and
Inclusion
Abosorb and
internalize the
change
At Novartis, performance-oriented culture and responsible approach are the
foundations of success. They recognize that their business depends on the
creativity, dedication and performance of associates. They encourage associates to
focus on achievement through collaboration and innovation.
Novartis is committed to equality of opportunity, fairness, work and lifestyle, mutual
respect and dignity at work for all associates. Novartis values differences including
disability, sexual orientation, race, ethnicity, age, thinking style, gender and religion.
Inclusion establish and reinforces behavioural standard that fosters at collaborative
culture and work environment ,which will enable individuals and groups to contribute to
their fullest potential.
Top-down and bottom-up approach to absorb the best practices around, adapting with the
inevitable changes.
Your 19
21. Methods for Dealing with Resistance to Change
Education and Communication
1
This approach can be used where there is a lack of information or inaccurate information and analysis
among the individuals in the organisation. Once the objective of the change is made clear then people
will often help with the implementation of the change.
Participation and Involvement
2
2
This approach can be used where the initiators do not have all the information they need to design the
change, and where others have considerable power to resist. People who participate will be committed
to implementing change, and any relevant information they have will be integrated into the change plan.
The drawback of this approach is that if participators design an inappropriate change, it consumes time
to rework on the same.
Facilitation and Support
3
This approach can be used where people are resisting because of adjustment problems.
Your 20
22. Strategy for Novartis
Stockholders’ point of view
Novartis should transform itself from pharmaceutical company to become a broad-based
health care company.
They should focus on four high growth segments like eye care, generics, consumer health and
vaccines and diagnostics.
Increase more involvement in medicine for diseases like cancer, HIV, Diabetes.
Your 21
23. Strategy for Novartis (Contd.)
Stockholders’ point of view
This particular sector is served by few organization like DTIC-Dome, Cytostar-U.
There is a gradual increase in the cancer patients. The company has its medicine for breast
cancer patient like Afinitor. The sales expected from this is 1bn dollar by 2017.
They can manufacture more advanced medicine for lungs cancer and blood cancer as they
are competent in this area.
Your 22
24. References
•
•
•
•
•
•
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wikipedia.org. (n.d.). Retrieved from
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