Pest Analysis- Mindmap

Biocon strategy seemed to be very strong - to help present for organization to go ahead with trials , ensure commercialization of the products , on with sharing of the IPR . As the do drugs went from material body 1 to phase 3 , the number of subjects were increased . Phase 4 trials include researching the drug after it was marketed to obtain data round the side-effects , qualification and long-term riding habit . Since , it was a young molecule , several(prenominal) experts in the field of crab lo subroutine were unbelieving about tolerant the drug to patients . However , Biocon tied up with premier pubic louse institutes in India such as Kidwai set of Oncology and used the drug for phase 2 trials . Clinigene aided in researching the drug The drug was combined with otherwise treatment modalities and it was open t hat when administered with radiotherapy-chemotherapy combination it could speed of light get rid of the cancer . However , BIOMAb had to debate with Erbitux which was internationally reputed . Biocon also considered whether BIOMAb could be utilised for treating colorectal cancers and hence at one time compete with Erbitux .

If BIOMAb was launched after phase-2 trials , consequently Erbitux may have been as it had finished phase 3 trials . There was also the mentation of first appearance BIOMAb with other generic wine drugs simultaneously which could help the users to use the generic version and get accomp lished with the drug . The caller had prob! lems deciding to expenditure the drug . If it was set below the price of Erbitux , then it would lose its credibility and in case it was higher(prenominal) it would not be affordable for the Indian public . so , it chose a deuce-tier set system for India so that certain plenty from the lower socioeconomic groups could even afford the drug and use it . There were two supply chains for BIOMAb , one by dint of the traditional manufacturer-wholesaler-pharmacy and the other a doctor...If you want to get a full essay, cabaret it on our website: OrderCustomPaper.com

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