Pfizer: An Economic Report

1. Introduction The world is changing all around us. In put up to stay ahead of this every changing economy, it is important to proactively taste out operations that ar give, fleet and cheaper. As macro pharmaceutic companies become larger pharmaceutic companies through the uniting and acquisition of the competition, the dynamics of the company essential be accounted for. Companies ar becoming more cost focussed to ensure the spend on orderment of growth new pharmaceutical drugs in the Twentieth Century. An example of cost savings is f are manufacturing plants offshore. This non only changes the American economy, but has a monumental feign on the global economy as well. It is not abounding to make a better pill, but it has to be make smarter. This involves revamping factories to save money and avoiding production mishaps. Healthcare and animateness sciences companies are going through a fundamental displacement switch from the traditional healthcare appro ach where one resoluteness is expect to fit all patients diagnosed with a disease to biological science establish targeted treatment solutions for patients with a detail disease pathology. This switch has been a direct result of the global economy.

With the competition developing better and cheaper products, Pfizer must streamline operations to develop products that are targeted to specific disease indications that is now possible with new technology. plainly as the firstly farmers had to move on to develop better, more in effect(p) heart for producing crops to stay on top of the market, Pfizer must continue to invest in research and development that produce products better, che aper and faster. In our analyses, we halt ! explored how Pfizer is unnatural by the global economy. From its inception in 1849 to its first major product, citric acid, to todays recent launches of Celebrex and Viagra, Pfizer has been affected and play a role in... If you want to get a well(p) essay, order it on our website: OrderEssay.net

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