Premium Essay

Square Pharmaceutical in Bd

In:

Submitted By sonia420
Words 19459
Pages 78
A MANAGEMENT MODEL FOR A PHARMACEUTICAL CONTRACT RESEARCH ORGANIZATION
Submitted by

Yvonne Leonie Jacobs
In fulfillment of the requirements for the degree of Doctor of Philosophy in the Faculty of Economical Science Department of Business Management University of the Free State

Promoter: Prof J A A Lazenby

UNIVERSITY OF THE FREE STATE
31 May 2004

A MANAGEMENT MODEL FOR A PHARMACEUTICAL CONTRACT RESEARCH ORGANIZATION

ACKNOWLEDGEMENTS

It is good to have an end to journey towards, but it is the journey that matters in the end. (Ursula K. le Guin)

I want to thank my promoter Prof Kobus Lazenby for his valued support during this journey, guiding me from almost to utmost; Prof Gina Joubert for making a vision becomes reality; George Sabbagha for his linguistic input; and Linda Potgieter for friendship & advice; FARMOVS-PAREXEL for the opportunity to use the organization as a case study; Family and friends for encouragement; and above all to Him, who have never led me where His grace couldn’t keep me.

Page ii

A MANAGEMENT MODEL FOR A PHARMACEUTICAL CONTRACT RESEARCH ORGANIZATION

TABLE OF CONTENTS
TITLE PAGE ......................................................................................................................... i TABLE OF CONTENTS ................................................................................................... iii GLOSSARY OF ABBREVIATIONS AND DEFINITIONS ............................................. ix

1.

INTRODUCTORY CONCEPTS: REFLECTIONS ON CLINICAL RESEARCH AND DRUG DEVELOPMENT .......... 1

1.1 1.2

INTRODUCTORY: REFLECTIONS ON HISTORY ................................... 1 CONTRACT RESEARCH ORGANIZATIONS AS PART OF THE VALUE-CHAIN IN CLINICAL RESEARCH ....................................... 4

1.2.1 1.2.2 1.3 1.3.1 1.4 1.4.1 1.4.2 1.4.3 1.5 1.5.1 1.5.2 1.6

PAREXEL International:

Similar Documents

Premium Essay

Term Paper on Square Pharmaceutical Bd

...firm. Most Strategic Management Model There are several Strategic Models are available and used in different organizations but following are the most used strategic models: 1. PEST analysis 2. STEER Analysis 3. Five Forces Model 4. Strategic Group Map 5. SWOT analysis 6. Blue Ocean Strategies 7. Open innovation 8. McKinsey seven S model Company Detailed Profile including mission & vision and Organogram Company Detail Profile Square pharmaceutical is now the most leading company in Bangladesh since 1985 and is now on its way to becoming a high performance global player. Today it has achieved a state of mind among consumers. This company has founded in 1958 and since then with hard work and dedication among employees and top management, it has reached the position where every pharmaceutical company wants to reach.  Square went public in 1991 and is currently listed on the Dhaka Stock Exchange and Chittagong Stock Exchange. Square Pharmaceuticals Ltd., the flagship company, is holding the strong leadership...

Words: 5122 - Pages: 21

Premium Essay

Report About Constructing Portfolio of Stocks.

...INTRODUCTION Getting the maximum return possible is the main focus in any market to every investor. But along with return, there comes risk. And in managing risk, every investor tries to keep it at minimum while trying to adhere to the targeted return. In doing so, investors have found that diversification of investment through portfolio investment can meet the investment goals in a better way than investing in a single security. Therefore, to make the maximum return at a given risk preference level, it is important to design and create a portfolio that would provide the optimum return for per unit of risk borne. Here I have constructed an optimum portfolio with different scenarios such as maximizing theta in case of short sell allowed and not allowed; minimizing standard deviation in case of short sell allowed and not allowed, maximizing return for a given risk in case of short sell allowed and not allowed, minimizing risk for a given return in case of short sell allowed and not allowed of 8 securities from a set of 16 securities of 5 sectors selected from the listed companies in Dhaka stock exchange. I have analyzed very sophisticatedly to minimize the risk of the portfolio. PORTFOLIO CONSTRUCTION In simple words, portfolio refers to combination of assets. An investor invests a pool  of different investments  to make a profit while aiming to preserve the invested (principal) amount. These investments are chosen generally on the basis of different risk-reward combinations:...

Words: 3431 - Pages: 14

Premium Essay

Mkt Management

...UNIVERSITY MKT 101 Term Paper | [Square consumer products] | Submitted To: Mashruha Zabeen Dept. of Business Administration Submitted By: Salma Parvin Mahim (2010-2-10-) Aninda ( Adiba( Sumaiya ( Zubair ( Shatil Hasan (2010-3-10-166) Executive Summery Square Group is one of the largest groups of Bangladesh who provides a large range of product & service to its customers. Square group has been founded in 1991 and competing in the international market since 2002 and it is still developing day by day. They have been producing quality product in cheaper price and they have a variety of products. The Square group has been living to their name and improving the image of Bangladesh in front of the world. They provide authentic information for their customers and are devoted towards customer satisfaction. We have learnt a lot of things from them and wish them good luck for their journey to prosperity. Table of Contents Title Page 04 05 10 12 15 15 17 19 20 12 22 23 1.0 Introduction 2.1 Objectives 2.0 Company Profile 3.0 SWOT Analysis of Square Consumer goods (Radhuni) 4.0 Competition Analysis 4.1 Identifying Competitors 4.2 Assessing Competitors 5.0 Marketing Mix 5.1Product 5.2 Product Quality 5.3 Price 5.4 Place 5.5 Promotion 6.0 Success Factor of Radhuni 7.0 End Note 1.0 Introduction SQUARE is a Bangladeshi industrial conglomerate...

Words: 3726 - Pages: 15

Premium Essay

Oneflash

...Secretary Khandaker Habibuzzaman of Square Pharmaceuticals Ltd who helped us with all the required information. This analysis would not have been possible without his generous cooperation. TABLE OF CONTENT INTRODUCTION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .01 LITERATURE REVIEW. . . . . . . . . . . . . . . . . . . . . . . . .02 HOW THE BUSINESS WAS FORMED. . . . . . . . . . . . .05 TYPES OF PRODUCT. . . . . . . . . . . . . . . . . . . . . . . . . . .09 INDUSTRY ANALYSIS. . . . . . . . . . . . . . . . . . . . . . . . . 11 CONCLUSION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 INTRODUCTION: Square Pharmaceuticals Limited was founded in 1958 by Samson H. Chowdhury along with three of his friends as a private firm. It is sister concern of Square Group. In 1964 it was converted into a Private Limited Company. In 1985 Square Pharmaceuticals Ltd (SPL) achieved market-leadership in the pharmaceutical market of Bangladesh among all national and multinational companies and 1987 it became the pioneer in pharmaceutical export from Bangladesh. It went public in 1991 and is currently listed on the Dhaka Stock Exchange. In 1994 Square offers Initial Public Offering (IPO) of shares of Square Pharmaceuticals Ltd. In 1995 chemical division of Square Pharmaceuticals Ltd. starts production of pharmaceutical bulk products (API). In 1998 Agro-chemicals and Veterinary Products Division of Square Pharmaceuticals starts its operation. In 2001 US...

Words: 3192 - Pages: 13

Premium Essay

Square Pharma

...(Safety and Health) for a particular job post with the help of supervisor and HR manager of any company. We have chosen Square Pharmaceutical Ltd and the job post on which we have prepared our report is Medical Promotion Officer. We visited Square Pharmaceuticals Limited. There we appointed with Mr. Younus Ali (Sr. Manager, HRD) and Mr. Tamim Ahsan( Territory officer in Dhaka region). They were very cordial and helpful to us share their experience and provide the required information as they can provide within the policy. We asked them different relevant questions and information to provide. 1.1. Profile of Square Pharmaceuticals Ltd. Corporate Headquarters | : SQUARE CENTRE 48, Mohakhali Commercial Area Dhaka 1212, Bangladesh | Factory | : Shalgaria, PabnaTown, Pabna | Established | :1958 | Constitution | : Public Ltd Company | Founder Chairman | : Mr. Samson H Chowdhury | Chairman | : Mr. Samuel S Chowdhury | Managing Director | : Mr. Tapan Chowdhury | Details of Business | : 1. Pharmaceuticals Products 2. Bulk Chemicals 3. AgroVet Products | Manufacturing Units | :1. Pharmaceuticals Division 2. Agro Vet Division 3. Chemical Division | 1.2. Human Resource Department of Square Pharmaceutical Ltd SQUARE, with its progressive business outlook, believes and practices corporate work culture with a classic blend of efficiency and equity. SQUARE believes in company growth by increasing efficiency level of employees and for that offering excellent environment and...

Words: 2745 - Pages: 11

Premium Essay

Western Pharmaceuticals a&B

...Western Pharmaceuticals (A&B) 1 MGT 309 - Western Pharmaceuticals (A&B) Case Analysis 4 February 1, 2015 Latrina L. Black Professor James Maddox Western Pharmaceuticals (A&B) 2 Background Western Pharmaceutical (A) was founded by George’s grandfather in Los Angeles. George, who is the CEO of the newly formed United Pharmaceuticals, decided to have Western Pharmaceuticals (A) merge with one of the largest over-the-counter cold remedy companies, Atlantic Medical. This merger was to help guarantee coast-to-coast market penetration for both Western’s upset stomach products and Atlantic’s cough syrups (Bowersox, Closs, Cooper, Bowersox, pg. 453). Western Pharmaceutical (B) is an extension of Western Pharmaceutical (A). It requires an inventory analysis focusing on determining inventory requirements. Although the firm wanted a comprehensive inventory analysis, the information available was limited due to the merger and a simultaneous move to an Enterprise Resource Planning system (Bowersox, Closs, Cooper, Bowersox, pg. 457). Issues Addressed 1. Multiply the demand quantity by the service level to estimate resulting sales as opposed to demand. This process will determine a weighted service level. Columns, AN, AO, and AM is the weighted sales for each DC product combined. The AQ column is the total quantity for sales in DC and column AR is the total quantity for the demand for DC. The average service percentage is shown in column AQ and AR. The...

Words: 1086 - Pages: 5

Premium Essay

International Business

...background information based around SQUARE Pharma and current trading environment including export-Import trends of SQUARE, FDI prospects and challenges, global production, globalization and its impact in business, research and development of SQUARE and Ethical issues involved in international business. As SQUARE is the top local pharmaceuticals company of Bangladesh so we have chosen it for our report so that we can have a wider view of our concern topics. Basically what we want to cover is the current export situation of the company, the problem that it is facing and solutions they are applying. Besides these we have also recommended some suggestions from our end which can be applied for the betterment of their export business. Objectives We have divided the objective of this report into two parts. One is general and the other is more specific. These objectives are stated below: ❖Primary objectives: Basically our initial objective was to complete the assigned task of term paper for the course of International Business. The topic with which we were assigned was identifying problems and solution of a particular company of export-import industry of Bangladesh. While completing this task firstly we have chosen SQUARE Pharmaceuticals Ltd. Bangladesh because it is the topmost local pharmaceuticals in our country. ❖Secondary objectives: Main focus of our report was to study the areas as follows: 1. To know about the SQUARE Pharmaceuticals Ltd. 2. To know about Export- Import...

Words: 5437 - Pages: 22

Premium Essay

Integrated Reporting

...Abstract Businesses today face heightened expectations around their role in society and the world, with turning a profit only one of many criteria by which performance is measured. Rising in importance is the impact a company has on its stakeholders, society, and even the planet. Integrated reporting, which encompasses elements of traditional financial reporting, sustainability reporting, and governance reporting within a single presentation, represents a growing trend that reflects these new expectations. The core concept underlying the term “integrated reporting” is providing one report that fully integrates a company’s financial and non-financial (including environmental, social, governance and intangibles) information. Integrated reporting offers the opportunity to centre business reporting on strategy and value creation, to demonstrate how the business uses capital and the extent to which they should continue to be invested in business. Integrated reporting is a journey. Organizations are unlikely to achieve perfection in the first year. In the absence of a generally accepted framework, companies that wish to move toward integrated reporting may encounter several dilemmas around relevance, scope, assurance and other issues. However, as reporting processes for the production of the supporting information are designed and improved and as the executive team begins to benefit from a more informed implementation of the governing structures’ decision, reporting will improve...

Words: 14827 - Pages: 60

Premium Essay

0western

...Running head: WESTERN PHARMACEUTICALS Case Analysis 6 and 7: Western Pharmaceuticals (A&B) MGT 309 Mirtha Professor 20 th September 20, 2015 WESTERN PHARMACEUTICALS Case Analysis 6 and 7: Western Pharmaceuticals (A&B) Background George's grandfather established Western Pharmaceutical (An) in Los Angeles. George, who is the CEO of the recently framed United Pharmaceuticals, chose to have Western Pharmaceuticals (A) merge with one of the biggest over-the-counter icy core business, Atlantic Medical. This merger was to assist ensure coastal market entrance for both Western's disturbed stomach items and Atlantic's coughing syrups. Western Pharmaceutical (B) is an expansion of Western Pharmaceutical (A). It obliges a stock examination concentrating on deciding inventory prerequisites. In spite of the fact that the firm needed a far-reaching inventory investigation, the data accessible was constrained because of the merger and a concurrent move to an Enterprise Resource Planning System. Issues Addressed The case utilizes an unordinary methodology of duplicating the demanded quantity at the service level to gauge the resultant sales rather than demand. The procedure will focus on a weighted service level. Sections, AN, AO, and AM, shows the weighted sales for each DC item joined. The AQ segment is the aggregate amount of deals in DC and section AR is the total quantity of the interest for DC. The usual service rate is indicated in section AQ and AR. The...

Words: 2520 - Pages: 11

Premium Essay

Human Resource Management

...What is HR consultancy firm- A Human Resource consultant not only concentrates of compliance issues and following best practices, but will also assist in employee programs and training and development.  National PEO, for example, provides Human Resource services ranging from employee handbooks to compensation analysis. Professional Employer Organizations (PEO) has the staff and expertise to make business run more efficiently.   They have special tax rules that company needs to utilize. Their employers are trained in the special needs that an HR consultancy business have.  For example, Axis consultancy firm of bd have detailed knowledge pertaining to that community and its trends. It’s best to have a consultant that can take care of your local (city) needs along with whatever the state may require. Most major cities and even a few small metropolitan communities have Human Resource consulting firms. Knowledge or rules, laws and regulations are not the only things PEOs offer.  Human Resource consulting needs are certain differ from business to business and city to city. They also provide any sort of service for employ’s background and other record checking. To recapitulate in short, whatever your particular business needs may be a reliable professional employer organization can be the key to your business running more efficiently and with a higher profit margin  Arizona, Tuscon, Phonix, Las vegas are the most renowned international HR firm. Locally we have some renowned HR firms...

Words: 4161 - Pages: 17

Premium Essay

Analysis on Dhaka Stock & Chittagong Stock Exchange

...DHAKA STOCK EXCHANGE Introduction to DSE The Necessity Of Establishing A Stock Exchange In The Then East Pakistan Was First Decided By The Government When, Early In 1952.It Was Learnt That The Calcutta Stock Exchange Had Prohibited The Transactions In Pakistani Shares And Securities. The Provincial Industrial Advisory Council Soon Thereafter Set Up An Organizing Committee For The Formation Of A Stock Exchange In East Pakistan. A Decisive Step Was Taken The Second Meeting Of The Organizing Committee Held On The 13th March ,1953. In The Cabinet Room, Eden Building ,Under The Chairmanship Of Mr. A . Khaleeli, Secretary Government Of East Bengal , Commerce, Labor And Industries Department At Which Various Aspects Of The Issue Were Discussed In Detail. The Then Central Governments Proposal Regarding The Karachi Stock Exchange Opening A Branch At Dhaka. , Did Not Find Favour With The Meeting Who Felt That East Pakistan Should Have An Independent Stock Exchange . It Was Suggested That Dhaka Narayanganj Chamber Of Commerce & Industry Should Approach Its Members For Parchase Of Membership Cards At RS.2000 Each For The Proposed Stock Exchange. The Location Of The Exchange It Was Thought Should Be Either Dhaka Narayanganj Or Chittagong . An Organizing Committee Was Appointed Consisting Of Leading Commercial And Industrial Personalities Of The Province With Mr. Mehdi Ispahani As The Convener In Order To Organize The Exchange. The Chamber Informed Its Members And Members Of Its Affiliated...

Words: 8245 - Pages: 33

Premium Essay

Beximco Working Capital Management

...Introduction Beximco Pharmaceutical Ltd. is a leading edge pharmaceutical company based in Dhaka, Bangladesh and is a member of the Beximco Group. The history of pharmaceutical business of the company dates back to the early 70s, when it started to import market and distribute medicines from world renowned companies like Upjohn Inc. of USA and Bayer AG of Germany. Since the very beginning, the company was highly successful in generating increased demand for its products which eventually justified local production. It completed its registration in 1976 and started its operation in 1980 by manufacturing and marketing licensee products of Bayer AG of Germany and Upjohn Inc. of USA. After its initial years of struggle it broke ground with the launching of its own products in 1983. In 1985 BPL was listed in Dhaka Stock Exchange (DSE) as a Public Limited Company. The journey continued and barrier after barrier were crossed, challenges were faced and overcome to transform BPL into what it is at present. Now it has grown to become nation's one of the leading pharmaceutical companies, supplying more than 10% of the country's total medicine need. In the process, it was enlisted in Chittagong and London Stock Exchange. Today Beximco manufactures and markets its own `branded generics' for almost all diseases from AIDS to cancer, from infection to asthma, from hypertension to diabetes for both national and international markets. It manufactures a range of dosage forms including tablets...

Words: 9504 - Pages: 39

Premium Essay

Investment Simulation Project

...COURSE: FIN 435 SECTION: 3 GROUP: 3 INVESTMENT SIMULATION PROJECT NORTH SOUTH UNIVERSITY INVESTMENT SIMULATION PROJECT PREPARED FOR Saif Rahman (SfR) Lecturer COURSE: FIN 435 SECTION: 03 GROUP: 03 PREPARED BY NAME | ID | Md. Sarwar Hossain | 0930068030 | Fatima Tuz Zahra | 0930785530 | Ahmed Aman Yousoof | 0930274530 | Yakin Reza | 0930042030 | Naima Rahman | 0930283030 | Date of Submission: August 08, 2012 TABLE OF CONTENTS | | | Executive Summary | 03 | Introduction | 04 | Objective | 04 | Asset Allocation | 05 | Macroeconomic & Industrial Scene | 07 | Diversification | 07 | Trading Strategies & Economic Rationale for Selecting Stocks | 07 | Portfolio Performance | 10 | Holding Period Return | 13 | Portfolio Risk & Return | 14 | Security Market Line | 15 | Lessons Learned from Trading | 16 | Conclusion | 17 | References | 18 | Appendix | 19 | Executive Summary The investment simulation project is a fictitious investment in the Dhaka Stock Exchange that started from June 4, 2012 and ended on August 01, 2012 over a period of two months and separated in three phases. The initial investment in the portfolio was around BDT 1,000,000. The objective of the project was to maximize the after tax wealth through a well diversified portfolio. Given the consistent market fall at the Dhaka Stock Exchange...

Words: 3910 - Pages: 16

Premium Essay

Corporate Social and Environmental Disclosure in Developing Countries: Evidence from Bangladesh

...University of Wollongong Research Online Faculty of Commerce - Papers Faculty of Commerce 2006 Corporate Social and Environmental Disclosure in Developing Countries: Evidence from Bangladesh M. Hossain Hail Community College, Saudi Arabia, monirulhossain@yahoo.com K. Islam University of Wollongong, mksi747@uow.edu.au J. Andrew University of Wollongong, jandrew@uow.edu.au Publication Details This conference paper was originally published as Hossain, MA, Islam, KS and Andrew, J, Corporate social and environmental disclosure in developing coutries: evidence from Bangladesh, in Proceedings of the Asian Pacific Conference on International Accounting Issues, Hawaii, October 2006. Research Online is the open access institutional repository for the University of Wollongong. For further information contact Manager Repository Services: morgan@uow.edu.au. Corporate Social and Environmental Disclosure in Developing Countries: Evidence from Bangladesh Abstract This is an exploratory study designed to investigate the extent and nature of social and environmental reporting in corporate annual reports. Specifically, we examine the relationship between social and environmental disclosure and several corporate attributes in a developing country, Bangladesh. In order to do this, we have developed and utilized a disclosure index to measure the extent of disclosure made by companies in corporate annual reports. This study reports significant differences in levels...

Words: 10122 - Pages: 41

Free Essay

Case 3-4

...factor of industrial production and that human factor is the most complicated phenomenon of industrial life. Mishandling of this complicated factor of production may lead to serious consequences. Workforce must be motivated to achieve desired goal. The Pharmaceutical factories of Bangladesh are one of the most important industrial sectors of the country. There are national and multinational pharmaceuticals companies in our country. There are some obvious factors of motivation which can lead the workmen of the pharmaceuticals industries to attain desired goal; higher productivity; of the companies & the absence of such factors lead to labor unrest and fails to secure company’s target, hence the matter should studied and try to locate the reasons for which the dissatisfaction in labor is prevailing and need to find out the possible scheme for motivating workmen for better performance. GlaxoSmithKline Bangladesh Ltd, from its early stage has stimulated the pharmaceutical Industry of the country with its variant existence. The top management team of GlaxoSmithKline Bangladesh Limited is a dynamic group, where each of them substitutes for their imperfections. Though GlaxoSmithKline Bangladesh Limited is not the top Pharmaceutical Company in the country, still the organization with its effectual technicality in both its products as well as imperative decision-making has created, captured, conjectured and conquered a big portion of...

Words: 11145 - Pages: 45