Scientific Costing In Pharma

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Issue:

Business

 

Written by:

Debra P

 

Date added:

May 6, 2016

 

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No of pages / words:

2 / 474

 

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7945 times

 

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Essay content:

Formulations 3. Research and Development 4. Clinical Research It is a growing company which has currently 75% of its business spread in formulations and 25% in API. In coming 3 years the company is going to focus on CRO, API, CRAM and domestic formulations. Centaur ranks among India’s top 50 pharmaceutical companies by prescriptions and by stockist audit...
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Company’s API manufacturing near Mumbai conforms to USFDA standards. Companies clientele includes Big Pharma, generic majors and Indian multinationals. Objective: Currently the costing method used by the company is absorption costing. In this method the cost of a particular product is found out by dividing the depreciation of the machine by the optimum number of machine hours that will be taken to manufacture the product...
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