Sunday, December 29, 2019

The Impact of the Implementation of Single Exit Pricing...

The impact of the implementation of single exit pricing for pharmaceuticals in South Africa Daleen Pretorius A research report submitted to the Faculty of Commerce, Law and Management, University of the Witwatersrand, in partial fulfilment of the requirements for the degree of Master of Business Administration Johannesburg, 2011 ABSTRACT Pricing regulations have been implemented within the pharmaceutical industry in South Africa to ensure improved access to healthcare. The implementation of the Single Exit Price (SEP) effectively meant that the private pharmaceutical sector had to adjust from a free to a regulated market, where prices had to be cut and discounts discarded. The pricing structure changed to a transparent†¦show more content†¦You guys are amazing. Sudier Ramparsad for the initial motivation to start with this degree. You will always be a mentor and significant influence in my life. Nevi Letcher for your continuous support as friend and mentor. I am blessed with such an outstanding and talented friend. v TABLE OF CONTENTS ABSTRACT ..................................................................................... II DECLARATION .............................................................................. III DEDICATION ................................................................................ IV ACKNOWLEDGEMENTS............................................................... V LIST OF TABLES ........................................................................... X LIST OF FIGURES ...................................................................... XII CHAPTER 1: INTRODUCTION ..................................................... 1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 PURPOSE OF THE STUDY ............................................................................ 1 CONTEXT OF THE STUDY ............................................................................. 1 PROBLEM STATEMENT ................................................................................ 4 1.3.1 MAIN PROBLEM ...................................................................................................... 4 SIGNIFICANCE OF THE STUDYShow MoreRelatedMarketing Project of Reckitt Benckiser19417 Words   |  78 PagesInternational, for  £1.926  billion. The three main brands acquired were  Nurofen  in  analgesics Strepsils  sore throat lozenges; and  Clearasil  anti-acne treatments.  In January 2008, Reckitt Benckiser acquired Adams Respiratory Therapeutics, Inc., a pharmaceutical company, for $2.3 billion; one of the major brands acquired was  Mucinex.  In July 2010, Reckitt Benckiser agreed to buy  SSL International, the makers of  Durex  condoms  and  Scholls  foot care products, in a  £2.5 billion deal. On 27 August 2011,Read MoreMarketing Project of Reckitt Benckiser19403 Words   |  78 PagesInternational, for  £1.926  billion. The three main brands acquired were  Nurofen  in  analgesics Strepsils  sore throat lozenges; and  Clearasil  anti-acne treatments.  In January 2008, Reckitt Benckiser acquired Adams Respiratory Therapeutics, Inc., a pharmaceutical company, for $2.3 billion; one of the major brands acquired was  Mucinex.  In July 2010, Reckitt Benckiser agreed to buy  SSL International, the makers of  Durex  condoms  and  Scholls  foot care products, in a  £2.5 billion deal. On 27 August 2011Read MoreKraft Annual Report99993 Words   |  400 Pagesidentify important factors that could cause actual results to differ materially from those in our forward-looking statements. Such factors include, but are not limited to, continued volatility of, and sharp increase in, commodity and other input costs, pricing actions, increased competition, our ability to differentiate our products from retailer brands, increased costs of sales, our indebtedness and our ability to pay our indebtedness, unexpected safety or manufacturing issues, regulatory or legal restrictionsRead MoreGsk Annual Report 2010135604 Words   |  543 Pagesforward-looking statement. Such factors include, but are not limited to, those discussed under ‘Risk factors’ on pages 53 to 57 of this Annual Report. GSK Annual Report 2010 02 GSK at a glance We are one of the world’s leading research-based pharmaceutical and healthcare companies. We are committed to improving the quality of human life by enabling people to do more, feel better and live longer. How we do it GSK has focused its business on the delivery of three strategic priorities, which aimRead MoreInternational Management67196 Words   |  269 PagesMany emerging markets continued to experience growth during a period in which developed countries saw their economies stagnate or decline. The global political environment remains volatile and uncertain, with ongoing conflicts in the Middle East and Africa and continuing tensions in Iran, North Korea, Iraq, and Afghanistan, especially as the U.S. role in these latter two countries evolves. On the economic front, failure to conclude important trade agreements, including the so-called â€Å"Development† RoundRead Moreâ€Å"Ratio Analysis and Comparative Study of Financials of Iocl with Its Competitors†13708 Words   |  55 Pagesare strategically structured along business verticals -Refineries, Pipelines, Marketing, RD and Business Development. †¢ INDIANOIL GROUP REFINERIES AND PIPELINES NETWORK CAPITAL ASSET PRICING MODEL (CAPM) COMPARISON OF FUTURE EXPECTED RATE OF RETURN BASED ON CAPITAL ASSET PRICING MODEL (CAPM) USING NSE DATA FOR PREVIOUS :- COMPANY IOCL COVARIANCE= 0.0069 BETA= 0.2606 MARKET RETURN= 0.2012 RISK FREE RETURN= 0.0828 FUTURE EXPECTED RATE OF RETURN= 0.1136 The snapshots of calculationsRead MoreExploring Corporate Strategy - Case164366 Words   |  658 PagesIndustry, tests a reader’s understanding of the main issues inï ¬â€šuencing the competitive position of a number of organisations in the same industry with a relatively short case. For a case that permits a more comprehensive industry analysis The Pharmaceutical Industry could be used. However, if the purpose is more focused – illustrating the use of ‘ï ¬ ve forces’ analysis – the TUI case study or Illustration 2.3 on The Steel Industry could be used. Some cases are written entirely from published sourcesRead MoreI Love Reading Essay69689 Words   |  279 Pagesthank them for sparing their valuable time in providing these narratives. Dr. Ashok Ganguly Member, National Knowledge Commission Acknowledgements vii Executive Summary Why Entrepreneurship: Given the increasing signiï ¬ cance and visible impact of Entrepreneurship in wealth-creation and employment-generation, NKC considers it critical to India’s growth and development. It has undertaken this study to explore factors that have advanced Entrepreneurship in India as also various other factorsRead MoreShort Cases19708 Words   |  79 PagesMANAGING MARKETING IN THE 21ST CENTURY 6. MANAGING MARKETING IN THE 21ST CENTURY I n spring 2008, Professor Noel Capon, R.C. Kopf Professor of International Marketing at Columbia Business School (New York), was contemplating a strategy and implementation plan for his new marketing textbook, Managing Marketing in the 21st Century (MM21C). His company, Wessex Inc, had published this book along with a marketing planning workbook, The Virgin Marketer (TVM), the previous fall. Although a few instructorsRead MoreA Study on Customer Preference in Retail Store- Adani Store28361 Words   |  114 Pagesconsumers, for their personal, family or household use. The past century has been witness to many changes occurring in our everyday world. Industrial and technological growth has made a significant impact on our lives as consumers. One such industry, which has made a phenomenal impact on our daily lives, is retail. This industry touches our lives as end consumers, by providing us with the products or services that we need. Almost everything we use in our daily lives including the

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.