Medicinal Chemsitry

In 2013, pharmaceutical cost per capita in the US was $1,112 compared to Switzerland’s $730. Private insurance plans widely vary on medication coverage. However, there are programs that are no cost to the individual that can decrease the cost of medications for people without

Imagine this: you are tragically diagnosed with a chronic life-threatening illness. Your only hope to survive is through medication to treat your disorder. The medicine is pricy but you can work out the costs each month. One day, you go to fill your prescriptions and realize the cost of a $13 pill has jumped to an astounding $750. You need this patented medication to survive and to afford it you end up losing your home, filing for bankruptcy, and sleeping in your car. This story sounds fictional but it is the reality for many Americans who can no longer afford their grossly overpriced medications.

Economic: Globalization of the pharmaceutical industry is an exciting opportunity to have research and development done at cheaper prices in other countries. However, this could be a double edged sword for companies because it is easy for other countries, such as India, to produce generic versions of the drug in bulk.

Ranbaxy has become international and thus needs to concentrate more on generics and growth in US and UK; the joint venture with Eli Lilly no longer seems to be central to Ranbaxy’s current goals. With major changes in India’s regulation and patent protection, Eli Lilly can now enter the Indian market independently and soon would enjoy product patent protection.

The branded pharmaceutical firms account for more than 50% of worldwide pharmaceutical sales. Thus they make huge profits. These profits can be used to fund hospitals in poor areas. This will not only give the firms respect but also a good recognition. Generic medicines are cheap and easily available. Though they may not be effective, but they serve the purpose for the poor. Some generic medicines may not give the desired results but the major diseases which occur among the poor people can be treated with generic medicines.

Certain measurements are introduced to weight the success and progress of the objectives such as feedbacks from customers and retailers, keeping tracks on our marketing report and purchasing and analyzing the marketing research reports.

Drug manufacturers offer free drugs to the needy who cannot afford their drugs. Patients have to work with the doctors to submit a letter or an application with supporting documents to give evidence of both financial and medical needs. The process is complicated for low-income seniors who take different drugs from different manufacturers. Every manufacturer has their own way of application process this makes it even more difficult for needy patients to

Founded since 1997 by Dr. Nathan Swan, Chem-Med was the second largest manufacture of FDA-approved sodium hyaluronate (HA), behind Pharmacia, Inc. April 9, 2008, Dr. Swan started to worry about his company’s financial situation and he was thinking about getting more investors or going to the bank for financing. For him, “Chem-Med was growing and making money, but it never seemed to have enough cash”. For any investors who are interested in the company, it is important to analyze many vital aspects of profitability, future growth, risks, and comparison before adding Chem-Med to his portfolio.

The necessity of having generics to biologics. I can say about this based on patient's economic ability. Taking biologic treatment is not a matter to wealthy person. but it matters for poor people. Biologics is not affordable by all classes in the society, where as biosimilars is affordable. Majorly biosimilars are similar to their reference products in terms of safety, efficacy, route of administration and patient compliance etc. So in my view, it is better to have biosimilars in the market in order to provide better health care to the society when compared to conventional drugs.

Throughout history chemistry has had a large impact on the field of medicine. Things such as

Chemistry has been called the science of what things are. Its intent is the exploration of the nature of the materials that fabricate our physical environment, why they hold the different properties that depict them, how their atomic structure may be fathomed, and how they may be manipulated and changed.

Calomel was a compound of mercury and chloride. In the sixteenth and eighteenth centuries, it was popular for physicians to use metal compounds for medicine. Calomel was used because it helped the body rid itself of the humor black bile humor. Like jalap, calomel was also dangerous. Frequent usage led to the falling out of teeth and hair.

In the United States, due to the reduction in opportunities in generics specifically of small molecule domain, Glenmark shifted its focus from this domain to mainly respiratory, dermatology and oncology. Glenmark was also facing challenge from the entry of new companies in the market which was increasing its competition; hence they identified the strategy of differentiation and started releasing novel products. Glenmark was noticing that all its competitors were crowding around United States of America and United Kingdom, moreover these markets of the first world country were offering a lot of pricing pressure. At the same time they were also facing the challenge of shift to local manufacturing of generic drugs in the important emerging market. To this, the company started focusing on its R&D for its specific niche and complex commodities, Glenmark also started focusing on newer dosage sizes which had lesser competition. The company also increased its New Molecular Entities pipelines and it also expanded its partnerships in the market to cater to the local requirements.

The words biophotonics is a mix of science and photonics. As the expression demonstrates the science and innovation utilization and recognition of photons (a quantum of electromagnetic radiation or rudimentary molecule that is its own antiparticle), and lights quantum units. Photonics is essentially interrelated with gadgets it mean is the limb of physical science that arrangements with the discharge and impacts of electrons and with the utilization of electronic gadgets.

Ranbaxy produces a wide range of quality, affordable generic medicines across many countries. It has ground operations in 43 countries and 16 manufacturing units spread across 8 countries. Its market presence spreads