Porter's five force analysis for Pharmaceutical听麻豆原创听offers a framework for analysing the nature of competition within pharma industry. The study will help you to analyse competitive structure of pharma industry and also helps you to identify whether industry profitable and attractive enough for existing and new players.听
The pharmaceutical industry is one of the most heavily regulated sectors in the world. New drugs or medicinal molecules are evaluated for safety, efficacy, manufacturing quality, misleading product claims and illicit inducements before being launched in the market. This process again varies from country to country thus increasing the time taken to launch a new drug to each intended market.
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