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Pfizer and the Challenges of the Pharmaceutical Industry (A)

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In 2018, President of the United States, Donald Trump, criticized the company Pfizer Inc. (Pfizer) for increasing drug prices-which had been a strategic move by Pfizer in response to industry-wide challenges. This announcement highlighted the complex dynamics of the pharmaceutical industry and the big challenges that innovative research and development (R&D)-intensive pharmaceutical companies faced. The entire pharmaceutical industry was being challenged by issues such as decreasing global average returns on investment and increased R&D costs. In addition, the company faced increased competition from companies from other industries and from emerging-market companies. Pfizer's chief executive officer needed to determine whether or not these changes marked a turning point for the whole industry. Renate Kratochvil is affiliated with BI Norwegian Business School. Phillip C. Nell is affiliated with Wirtschaftsuniversit t Wien.

【書誌情報】

ページ数:17ページ

サイズ:A4

商品番号:HBSP-W19390

発行日:2019/7/31

登録日:2019/10/30

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