Organizational Growth in the Pharmaceutical Industry Analytical Essay by Top Papers

Organizational Growth in the Pharmaceutical Industry
A look at growth in the pharmaceutical industry.
# 132885 | 1,750 words | 4 sources | 2007 | US
Published on Dec 01, 2007 in Business (Industries) , Medical and Health (Pharmacy)


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Description:

This paper presents an overview of the pharmaceutical industry, pointing out the intensity of the competitive forces at play. Additionally, the paper points out why this competition is extremely high and why the risks at stake are considerable.

From the Paper:

"For the pharmaceutical industry, the intensity of the competitive forces at play is extremely high because the risks at stake are considerable. These large stakes are due to the nature of the industry where huge sums of money must be spent to simply discover new products, while additional huge sums then must be committed to develop them, seek regulatory approval, and then actively market them (Miller, 2003, para.3). With such huge sums of investment dollars required for almost every product brought to market, the competitive forces surrounding the industry are extreme."

Cite this Analytical Essay:

APA Format

Organizational Growth in the Pharmaceutical Industry (2007, December 01) Retrieved September 27, 2022, from https://www.academon.com/analytical-essay/organizational-growth-in-the-pharmaceutical-industry-132885/

MLA Format

"Organizational Growth in the Pharmaceutical Industry" 01 December 2007. Web. 27 September. 2022. <https://www.academon.com/analytical-essay/organizational-growth-in-the-pharmaceutical-industry-132885/>

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