Sunday, January 5, 2020

Marketing Analysis Ranbaxy Laboratories - 1306 Words

1. Industry Analysis: By 2020, India is likely to be among the top three pharmaceutical markets by incremental growth and sixth largest market globally in absolute size The Indian pharmaceuticals market increased at a CAGR of 12.79 per cent in 2015 from US$ 6 billion in 2005, and is expected to expand at a CAGR of 15.92 per cent to US$ 55 billion by 2020 Over 2012–20, total healthcare spending is expected to rise at a CAGR of 20 per cent to US$ 280 billion from US$ 65 billion Pharmaceutical sales, as a percentage of total healthcare spending, are expected to increase to 27 per cent by 2016 from 18.9 per cent in 2008 2. Company Profile 1.1. Ranbaxy Laboratories 2.1.1. Business Overview †¢ Ranbaxy Laboratories Limited (BSE: 500359) is an Indian multinational pharmaceutical company that was incorporated in India in 1961 and went public in 1973. It is an integrated, research based, international pharmaceutical company, producing a wide range of quality, affordable generic medicines, trusted by healthcare professionals and patients across geographies. †¢ The Company has a global footprint in 43 countries, world-class manufacturing facilities in 8 countries and serves customers in over 125 countries. †¢ In June 2008, Ranbaxy entered into an alliance with one of the largest Japanese innovator companies, Daiichi Sankyo Company Ltd., to create an innovator and generic pharmaceutical powerhouse. The combined entity now ranks among the top 20 pharmaceutical companies, globally. †¢Show MoreRelatedEli Lilly in India3134 Words   |  13 PagesEli Lilly in India: Rethinking the Joint Venture Strategy Case Study Analysis – Final Exam Submitted by Lloyd Stallings April 15, 2012 IMAN 615: Dr. Daniel E. 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