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Astrazeneca

Decent Essays

In this report I will talk about the pharmaceutical company AstraZeneca. A brief corporate profile is included to give you relevant information about the company. In the SWOT analysis, the following topics are covered: the acquisition of biotech companies, the opportunity to enter emerging markets, the potential for slow product growth due to failed drugs, and the threat of generic competition because of key patent expirations. Finally, I will provide a three part plan to reduce the risk for AstraZeneca as it enters China.

Objectives

The goal of this report is to provide information about a potential client, the pharmaceutical company AstraZeneca, for the Rizkallah Creativity Consulting Group (RCCG). By analyzing AstraZeneca’s strengths, weakness, opportunities, and threats, RCCG will be able to approach AstraZeneca with a thoughtful recommendation that will minimize risk during the entrance of new markets and ensure success.

Methodology

Company Background
AstraZeneca is a pharmaceutical company focused on researching, manufacturing, testing, and the marketing of new medical drugs. While AstraZeneca subsidiaries are found around the world, the main headquarters are in the United Kingdom. United States accounts for 45 percent of the company’s total sales in 2007. Their next major market is Europe, with 36 …show more content…

The change of leadership at AstraZeneca signaled a crucial change in corporate strategy. For example, funding for research and development increased to $5 billion, this action helps strengthen the company’s future outlooks (AstraZeneca, 2007). To combat the problems of pipeline flow AstraZeneca purchased two companies, Cambridge Antibody Technology and MedImmune, which specialize in biologics and vaccines (Hoover’s Inc., 2008). These companies already have drugs in the late-stages of product development and on the market which will add much needed numbers to AstraZeneca’s

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