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Table Of Contents The South African Pharmaceutical industry The pharmaceutical industry provides the vital service of providing medication to the South African population and was valued at between R Involved in the sector are companies licensed by the Department of Health and the Medical Controls Council.
Local manufacturing, valued at R 4. In Aspen had a market share of South African companies hold the number one position for overall market share, for Pharmaceuticals only and for over-the-counter medication only.
Challenges Some of the important challenges facing the industry are tensions between improving access to affordable medicines on the one hand, and growing the manufacturing of pharmaceuticals on the other.
Other factors influencing the sector include the introduction of the National Health Insurance NHIsignificant changes in technologies to manufacture drugs and the emergence of the use of cannabis and other alternative healing methods. Weak economic growth means that the public health sector will be required to do more with fewer resources than initially planned.
It also has implications for the filling of an additional much-needed 12, pharmacist posts in the public sector. Report Coverage The detailed report on the Pharmaceutical industry focuses on developments in the South African manufacturing and retail sectors during and The report profiles 88 companies including newcomer Inicio, which recently secured a licensing agreement with German firm Fluxpharm.
If this is successful, South Africa will have its first black-owned pharmaceutical company.
State-owned pharmaceutical manufacturer Ketlaphela has yet to begin production of APIs. Also profiled are three companies that have been investigated by the Competition Commission in relation to the supply of various cancer medicines, Pfizer, Aspen and Roche and its US-based biotechnology company, Genentech.Bayer AG, the third largest consumer health company in the world in , continues its strong performance in over-the-counter (OTC) drugs.
The company’s acquisition of Merck & Co in added important brands such as Claritin to Bayer’s portfolio, and further solidified Bayer’s strength in developed markets such as Western Europe and the US.
Pharma Leader Series: Top 30 Pharmaceutical Contract Manufacturing Organisations (CMOS) - Market, Industry, Trends, Technologies and Prospects What is a PESTLE analysis? Organisations don't exist in a vacuum. PESTLE is a well-known management tool, to help you analyse the external environmental.
Strategic Analysis of the Pharma Market, Future Revenue Models and Key Players 2 “Personalised medicine is a laudable aim, but we are not anywhere near there yet. Merck SWOT Analysis MGT/ July 25, Merck SWOT Analysis Company Overview Merck is the 2nd largest pharmaceutical company in world offering prescription.
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