Ranbaxy Laboratories Ltd is an Indian pharmaceutical company with strengths in multi-disciplinary R&D centers, worldwide presence in over 50 countries and generic products in 125+ countries, and additional support from Sun Pharma. However, it is also more dependent on generic drugs and subject to government regulatory efficiency. It also lacks effective marketing strategies and direct customer advertisement. The company aims to provide quality affordable medicines globally to address changing disease patterns, but financial losses led to its acquisition by Sun Pharma. It uses a hybrid business model combining a generic company and innovator through complementary strengths.
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IPM grew at a CAGR OF 17.5% between 2005 -2016
The maeket Projected to reach 55 billion in sales by 2020 with a CAGR of 16 %
The growth was driven by factors such as increase consumer spending, rapid urbanization etc
Branded products constituted nearly 80% of the Indian pharmaceutical industry in terms of revenues
Equity master report ranked India 3rd in terms of volume and 13th in terms of value to become the 6th largest in terms of absolute value by 2020
Generic pharma company founded by Sanjay Pawar in 2010
Based in Thane, Maharashtra; covering Western and Southern India through a network of 300 distributors
Product line includes Diabetic, Gastropathy, Neuropathy, Obesity and Cardiovascular generic drugs
22 product lines in 7 years – rapid growth
IPM grew at a CAGR OF 17.5% between 2005 -2016
The maeket Projected to reach 55 billion in sales by 2020 with a CAGR of 16 %
The growth was driven by factors such as increase consumer spending, rapid urbanization etc
Branded products constituted nearly 80% of the Indian pharmaceutical industry in terms of revenues
Equity master report ranked India 3rd in terms of volume and 13th in terms of value to become the 6th largest in terms of absolute value by 2020
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Mentioned above is the List Of Pharma Companies in Mohali. Invest in these pharma franchise companies for growth. For More details visit the blog. http://www.pharmaadda.in/list-of-pharma-companies-in-mohali
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http://sandymillin.wordpress.com/iateflwebinar2024
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Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
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2. Strengths & weakness of Ranbaxy
STRENGTHS
Multi-disciplinary R&D centers.
Worldwide presence.
Operations in more than 50+ countries
& Generic products in 125+ countries.
Now Sun Pharma support.
WEAKNESS
More dependent on generic drugs.
Efficiency is affected by Govt. regulatory.
Lack of effective marketing strategies.
Direct to customer advertisement is
almost nil.
My view on company’s Mission & Values
Statements
• The mission followed by the company is quiet clear as it has a reach to customers
over 150 countries and yet to reach more.
• Changing lifestyle has led to change in disease patterns, and increased demand for
new quality medicines to combat lifestyle related diseases for what Ranbaxy is
trying to provide these quality medicines at an affordable cost’s.
• Financial losses disturbed the company which made Ranbaxy to be get sold to
Sunpharma Ltd.
3. Strategies and Value chain analysis...
VALUE CHAIN ANALYSIS
• The value chain analysis at this company is like a Hybrid business model. This
unique business model brings together the complementary strengths of a global
generic company (Ranbaxy) and a top global innovator (Daiichi Sankyo).
FUNCTIONAL STRATEGIES
• There are working with various teams on manufacturing, R&D, etc., to assess per-
month productivity of each department.
• Strong emphasis is being given to effective cross-functional teamwork, with a view
to inculcate a vibrant, enabling and empowering work culture.
INTERNAL ANALYSIS
• It is heavily dependent upon generics for its revenue generation. The company has
applied rigid quality measures at every stage of manufacturing at their plants.
EXTERNAL ANALYSIS
• Redefine our business model, bringing in Daiichi Sankyo Co., Ltd. as a majority
partner to create a strategic combination of a giant innovator and a generic
powerhouse.