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, prompt and cheaper. As macro pharmaceutical companies become larger pharmaceutical companies through the uniting and acquisition of the competition, the dynamics of the company must(prenominal) be accounted for. Companies ar becoming more cost cerebrate to ensure the spend on orderment of create new pharmaceutical drugs in the Twentieth Century. An example of cost savings is transportation system manufacturing plants offshore. This non only changes the American economy, but has a probatory 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. Healthc atomic number 18 and animateness sciences companies are going through a fundamental switching sw itch from the traditional healthcare approach where one stem 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 conversion 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. ripe as the firstly farmers had to reside to develop better, more effectual heart for producing crops to stay on top of the market, Pfizer must continue to invest in research and development th at produce products better, cheaper and fast! er. In our analyses, we halt explored how Pfizer is abnormal 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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