What are the main activities of the Pharmaceutical industry? - PowerPoint PPT Presentation

About This Presentation
Title:

What are the main activities of the Pharmaceutical industry?

Description:

Here in this post, franchise work with both big and small pharma companies is a smaller franchise that has created a large impact. A pharmaceutical company, or drug company, is a commercial business allowed to research, develop, market and/or distribute drugs, most usually in the setting of healthcare. – PowerPoint PPT presentation

Number of Views:213
Slides: 10
Provided by: fitwelpharma
Category: Other

less

Transcript and Presenter's Notes

Title: What are the main activities of the Pharmaceutical industry?


1
How PCD Franchise Companies have Changed the
Pharma Industry
2
  • The pharmaceutical industry is changing rapidly.
    Like the international market, the domestic
    market is also going through revolutionary
    changes. Ever since the Indian market opened up,
    the entire dynamics of the domestic market has
    changed dramatically. Where big pharma companies
    were the only presence, today we have healthy
    competition from small and medium industries as
    well.
  • Much of this comes from PCD franchise company.
    Franchises are today partnering with both big and
    small companies and have become a important part
    of the Indian pharma market. In fact, the
    franchises have had an important role to play in
    determining the market dynamics of the
    pharmaceutical sector that has had a
    multi-layered effect, from determining pricing to
    strategizing marketing campaigns.
  • Although franchises work with both big and small
    pharma companies, it is the smaller franchises
    that have created a large impact. By widening the
    market, they have significantly changed its
    entire make-up.

3
Breaking Big Pharma Monopoly
  • Not too long ago all we had were big
    pharmaceutical companies. Often these were
    subsidiary of even bigger international firms
    that kept a foothold in the Indian market through
    these smaller offices. The big pharma companies
    have the money and machinery to push their brand
    and medicines. In many countries they completely
    dominate the market and its price mechanisms.
  • However, in India the franchises have made a
    significant difference. Unlike many other
    countries, India has a booming SME sector with an
    even wider net of franchises. The sheer number of
    franchises means that people always have an
    alternative to the bigger brands. This has
    effectively broken the monopoly of bigger pharma
    companies.

4
  • In fact, big pharma companies have had to
    seriously consider their pricing mechanism in the
    face of competition from Indian firms. Even in
    the international market, Indian firms today lead
    the market in terms of volume. The churning of
    international markets has made Indian firms one
    of the most dominant players in the world sector.
  • In India the same dynamics have come to play.
    Recent court judgements have further added to
    break the big pharma monopoly as court removed
    patent demand from two leading companies, opening
    up their competition from the generic drug
    producing smaller firms and their franchises.

5
Propping up Small Firms
  • No local economy can thrive without the
    entrepreneurial spirit of its own people. After
    the markets opened up on liberalizations, the
    entrepreneurial Indian set shop and soon there
    were a number of firms in the small and medium
    sector which started the change we see today.
    Even these were supported by a network of
    franchises.
  • These early small and medium companies were the
    first to face-off against the bigger brands. PCD
    pharma franchise company gave them the critical
    support they needed by providing them with an
    infrastructure for growth. They gave them access
    to an expanding market, the means of raising
    revenues and the ability to increase their brand
    power.
  • The new wave comes from start-ups. These new age
    companies are again slowly changing the make-up
    of the Indian pharma sector by putting the focus
    on healthcare instead of ad hoc treatment. This
    is a long-term engagement that goes beyond the
    simple sale of drugs. Franchises are again
    playing an important role here by giving these
    fledging companies the valuable support they
    need.

6
Reaching Remote Areas
  • Healthcare in India was traditionally too skewed
    in favor of big urban areas. However, the focus
    of expansion is now shifting to Tier II and III
    cites as well as the rural sector and leading the
    charge is the franchises. Most firms, whether big
    and small, make their initial foray in these
    markets through their franchises. These minimizes
    their loss, while giving them access to a local
    market firm. In broader terms, this has meant the
    expansion of healthcare in India and its access
    for more and more Indians.

7
Bringing Price Parity
  • The SME sector may not bring out life changing
    medicines too often, but they do give us an
    affordable access to generic drugs. Without these
    firms and their franchises we would only have big
    pharma companies setting up their price slabs
    often to the detriment of the common man.

8
Conclusion
  • The PCD franchise companies have been an
    important part of the pharmaceutical industry in
    India. By providing a support structure for small
    and medium companies, these firms have made a
    significant impact on the local market dynamics.

9
www.fitwelpharma.com
106,Scarlet Gateway,Corporate Road,Opp.Rivera
Antilia,Prahlad Nagar,Ahmedabad-380015Gujarat,
India
Phone 079-26934080Cell 91 9033028080,
8469228080Fax 079-40080800
Write a Comment
User Comments (0)
About PowerShow.com