Friday, August 23, 2019
Pfizer Case study Example | Topics and Well Written Essays - 250 words
Pfizer - Case Study Example In this way, without a lineup of potential breakthroughs in the pipes, the level to which the firm can continue to rely on cash cows that are soon to go off patent is severely constrained. As yet another example of the focus that the firm had on the development and introduction of runaway successes such as Lipitor, the firm had positioned itself as primarily a research and development organization that was hopefully able to introduce profitable drugs into the market on a regular basis as a means of ensuring that the profitability and cash flow of the company stayed intact. However, this positioning strategy was out of sync with market demands due to the fact that the rapidly evolving nature of other competitors meant that lower cost research and development was being performed by a host of competitors; thereby greatly reducing the profit margin and potential profit margins that such a runaway discovery such as Lipitor could yield. As a way to formulate strategy, the firm sought to integrate OTC markets and generic branding to its repertoire; however, the main money supply for the firm was still tasked towards developing new drug lines. This of course did not support t he strategic vision that leadership espoused. Though the strategic vision was sound, the lack of funding meant that it was not fully able to respond to the markets and the completive environment in which it hoped to
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