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Essay

EliLilly

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Lillian V

 

Date added:

September 11, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3165

 

Was viewed:

3334 times

 

Rating of current essay:

 
Essay content:

Eli Lilly was one of the four largest companies in the US. Among the most critical activities for pharmaceutical companies was the discovery and development of novel therapeutic compounds. The number of uncertainties involved ranged from approval by the FDA to the amount of the new drug that would be required for the market...
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The pharmaceutical products were sold to hospitals, HMOs, retail pharmacies and physicians. Volumes were declining but still the pharmaceutical companies were able to maintain revenue and earnings growth by raising prices. Average gross margins in products ranged from 70-85% in the US. During the 90s, the industry started facing pressure due to the following factors: 1...
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