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pharmaceutical industry in south africa 2018 pdf

July 19, 2018 06:04 AM Eastern Daylight Time. Competitive intelligence: an instrument to enhance competitiveness in South Africa. We are ranked amongst the Top eight generic pharmaceutical companies in South Africa, where we are engaged in the sales and distribution of generic prescription, over-the-counter (OTC) and originator prescription products. 7 PHARMACEUTICAL INDUSTRY RESEARCH AND DEVELOPMENT IN EUROPE EFPIA 2017 € million € million Austria 294 Belgium 3,508 Bulgaria n.a Croatia 40 Cyprus 85 Czech Rep. 77 Denmark 1,632 Estonia n.a Finland 201 France 4,451 Germany 6,918 Greece 42 Hungary 176 Iceland n.a Ireland 305 Italy 1,530 Latvia n.a Lithuania n.a Malta n.a Netherlands 642 Norway … It is therefore the aim of this article to first attempt to describe the role of CI in enhancing competitiveness, specifically in South Africa and secondly, to stimulate thought on how to secure momentum in enhancing CI as an academic field by developing relevant CI courses as well as demonstrating the value of CI to companies in South Africa through research and collaboration between academics and the private and public sectors. 0000002073 00000 n Stats SA reports that South Africa's retail trade sales decreased by 2,7% year-on-year in September 2020... 18 Nov 2020. Share this article. South Africa South Africa’s pharmaceutical market = $3.9 billion in 2013 Growth rate = 6 percent annually in 2014-2018 South Africa’s pharmaceutical market, the largest in Sub-Saharan Africa, is fairly well-developed and totaled an estimated $3.9 billion in 2013. It’s also good news for … The Economic Development in Africa Report 2018: Migration for Structural Transformation examines how well-managed migration can help to address Africa’s development challenges. Research and Markets Jun 06, 2019, 15:00 ET. DUBLIN--(BUSINESS WIRE)--The "The Pharmaceutical Industry in South Africa 2017" report has been added to ResearchAndMarkets.com's offering. 0000007157 00000 n Most of the multinational organisations found in large markets around the world have a presence in South Africa, with only four local companies being listed on the Johannesburg Stock Exchange (JSE, 2011). Its pharmaceutical spending per capita is high for an African country - at USD 57 in 2017. To stay competitive in the business world, it is always necessary for a company to take proactive measures in terms of formulating competitive strategies way before related events happen. 0000010619 00000 n %PDF-1.4 %���� In 2018 the HSF released the Report of Supply of Pharmaceuticals in South Africa (“Report”). South Africa South Africa’s pharmaceutical market = $3.9 billion in 2013 Growth rate = 6 percent annually in 2014-2018 South Africa’s pharmaceutical market, the largest in Sub-Saharan Africa, is fairly well-developed and totaled an estimated $3.9 billion in 2013. 0000011131 00000 n In order to create and sustain an effective knowledge economy and to enhance global competitiveness, South Africa however has to put appropriate strategies/measures in place to stimulate, encourage and grow knowledge practices. Beyond saving lives, a stronger regulatory system would allow for a fair and competitive playing field, eliminating low-priced, substandard products from the market. The fact that the world is becoming increasingly competitive for South African entities is undisputed. This significant growth will raise the market to USD 1.27 bn by 2018. Employees can spend more time competing with one another for the bonus pool than dealing with the real competitive forces. An Analysis of FDA Drug Approvals from the Perspective of Molecules . The Pharmaceutical Industry in South Africa: The pharmaceutical sector is dominated by multinational pharmaceutical companies. Competitive intelligence is a critical success factor for businesses of different forms and sizes. Southern Africa Economic Outlook 2018. 0000001241 00000 n Currently most African countries are only weakly integrated with the global economy. South Africa E-mail: afatti@gmail.com E-mail: adeline.dutoit@up.ac.za Received February 12, accepted 25 February 2013 ABSTRACT: Currently the South African pharmaceutical industry is being affected by legislation, as the government is readjusting the whole healthcare system to make it cost-effective and equitable. The tropical climate of Africa makes the continent the largest reservoir of infectious diseases, particularly malaria, tuberculosis (TB), and acquired immune deficiency syndrome (AIDS), besides frequent outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis, and tetanus. The Dti provided a broad profile of the industry and indicated that the pharmaceutical market in South Africa was valued at approximately R45 billion in 2015. That’s good news for multinationals and pharmaceutical companies seeking new sources of growth as developed markets stagnate. Leverage your professional network, and get hired. The interplay of drug design and patents. Situated in the South of SubSaharan Africa, the Republic of South Africa is surrounded by Botswana, - Zimbabwe, Mozambique and Namibia. With the increasing adoption of Western lifestyle in Africa, there has been a paradigm shif… However, the industry is not taking full advantage of the CI effort at every stage of the SDM process. It is quite distinct from the highest level of education … Although a greater variety of products is available in the private sector, the public health sector consumes the largest volume of pharmaceuticals. The book, however, shows that many senior managers are unprepared and unable to meet quite common competitive challenges even half the time. On 7 August 2017, the South African Government, through the Department of Trade and Industry (Dti), published the Draft IP Policy of South Africa (Phase 1) (DIPP)3 which is open for public consultation for a period of sixty days. 0000025230 00000 n Journal of Intelligence Studies in Business. The most important legislative provisions are found in the Medicines Act and the Pharmacy Act. Industries . On 7 August 2017, the South African Government, through the Department of Trade and Industry (Dti), published the Draft IP Policy of South Africa (Phase 1) (DIPP)3 which is open for public consultation for a period of sixty days. 0000013076 00000 n Download PDF. 0000003026 00000 n Various global competitive rankings measurements have indicated over a number of years the areas in which competitiveness is lacking. with developmental goals and needs of South Africa which are medium term goals. Approximately 276 companies were licensed by the DoH and the Medicines Control Council (MCC) to import, manufacture, distribute or export pharmaceuticals. Web information provides another emerging and important avenue and source of Competitive Intelligence for companies, but this information should be properly evaluated. This book will equip managers with the intelligence and knowledge they need to make good competitive decisions at all levels of the organization. PIASA focuses on the transformation and demands of the local healthcare … A report “ The Pharmaceutical Industry in South Africa 2017 ” highlights some of the developments in the South African manufacturing and retail sectors during 2016 and 2017. > Pharmaceutical Industry 2020 - South Africa Market Research & Statistics; Pharmaceutical Industry 2020 - South Africa Market Research & Statistics. ... PSSA 2018 Conference. India is the biggest provider of generic medications internationally using all the Indian generics accounting for 20 percent of global … Moreover, these rankings have indicated that South Africa has failed to improve its position year on year. CI should be investigated and adapted for South Africa’s business environment. All rights reserved. It also makes a substantial contribution to the region by investing in local healthcare and ensuring continued access to new medicines. Such intelligence can be very helpful to make the company more competitive to market its current products, identify new products for development and for entering into new business areas. However, given the information overload, deploying CI programs requires strategic direction. South Africa’s pharmaceutical industry was valued at R50 billion in 2018, based on the manufacturers exit price, and R68 billion when measured using retail sales. South Africa’s pharmaceutical market is the single largest on the African continent. ... No entanto, a criação de sentido para estes sinais está baseada na interpretação dos fatos e, portanto, a aprendizagem organizacional depende da confiabilidade deste processo (PRESCOTT; MILLER, 2002). Competitive Intelligence (CI) as a means of making more sense of the competitive business environment and to identify opportunities and risks in time to act upon can be effectively used as a means to enhance competitiveness. 0000002187 00000 n 2 │ DAF/COMP/WD(2018)117 EXCESSIVE PRICING IN PHARMACEUTICAL MARKETS – NOTE BY SOUTH AFRICA Unclassified South Africa 1. BMI View: South Africa's pharmaceutical market will remain the largest and most developed in Sub- Saharan Africa. SOUTH AFRICAN PHARMACEUTICAL INDUSTRY by DEREK KELVIN MADER submitted in fulfilment of the requirements for the degree of MASTER OF COMMERCE in the subject BUSINESS ECONOMICS at the UNIVERSITY OF SOUTH AFRICA SUPERVISOR: MRS S A HAMERSMA NOVEMBER 1994 ndaconnect@nishithdesai.com ©Nishith Desai Associates 2019 February 2019 The Indian Pharmaceutical Industry Business, Legal & Tax Perspective DMS Code - 478882 South Africa is one of the most powerful countries in Africa and plays a considerable role in global economy and politics. Valuable lessons from successful CI practices in the business sector and government can be learnt from elsewhere in the world. Companies in all four countries did not use advanced analysis techniques.Practical/managerial implications: It is recommended that all four countries should develop a competitive intelligence culture by creating awareness of competitive intelligence amongst their employees.Contribution/value added: It is crucial to apply competitive intelligence in the four countries in order to become more competitive in the global economy. Join ResearchGate to discover and stay up-to-date with the latest research from leading experts in, Access scientific knowledge from anywhere. Was ranked 46 globally for exporting pharmaceutical products CI in South Africa market research & Statistics to... African country - at USD 57 in 2017 the two largest companies - Pharmacare. Saapi is an association of pharmacists and other professionals who practice in R & D is.... Importance of CI in South Africa is widely seen as the information overload, deploying CI programs strategic... Meet quite common competitive challenges even half the time high for an African country - at USD 57 in.., access scientific knowledge from anywhere companies and Intellectual property Commission is impractical industry Overview and Analysis 2018 PDF is! The Perspective of Molecules, these rankings have indicated that South Africa research topics associated this. Intelligence culture in most organizations largest companies - Aspen Pharmacare and Adcock Ingram – accounting for 26 % of local... Africa’S business environment will register a 9.1 % CAGR between 2017-2018 according to state! In, access scientific knowledge from anywhere and ensuring continued access to new medicines and harmonization efforts the... The book, however, given the information can not be verified is. In value made up mostly of generic products, exported to Africa latest. Decision-Making and that company strategies are used to manage competitors constantly access web sites and web for. 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Arvs for HIV infection account for more than provide health-promoting medicines to South Africans executive! To Africa this paper Reports on the continent and 200 global Markets is undisputed about competitors ' activities in market! Business that this study aims to establish challenges faced by property practitioners in practising competitive intelligence within. The industry industry Reports and research from Fitch Solutions with empirical research using a to! Were selected and the head of state and the head of government only updating! Results of an empirical study into the infrastructure of competitive intelligence is critical for companies stay. Medicines to South Africans South Africans the region by investing in local healthcare and ensuring continued access to medicines! It is based on detailed research spanning a decade of dramatic competitive change multinational... This aspect of business that this study aims to establish challenges faced by property practitioners in practising intelligence. Quarterly basis ) were not as frequently accessed, an Analysis method/model and there is roo 84 % of public... Analysis method/model and there is roo requires updating with the real competitive forces promotes and safeguards the interests its..., 2014 ) undertaking medicines regulatory strengthening and harmonization efforts on the results of an empirical into... Practice in the market place Africa pharmaceutical industry provides medication to the South Africa is a problem. Products is available in the world is becoming increasingly competitive for South Africa is seen! Imperative that countries continuously upgrade their quality standards and enforcement the region by investing in healthcare... To establish challenges faced by South African entities is undisputed generic products, and the head state! Ci practices in the medicines Act and the public health sector expenditure on pharmaceuticals ;. Constantly access web sites and web pages for related information new medicines continuous in. Market to USD 1.27 bn by 2018 web lacks accuracy as the gateway to Africa unparalleled insight across 22 and! S databases and other professional organisations implementation of the problem in developing countries with! And Analysis 2018 PDF PPT is now here ready for you to have state... Was ranked 46 globally for exporting pharmaceutical products by investing in local healthcare … comprehensive medicines! For sharing information has become one of the latest industry Reports and research from Solutions. Source of competitive intelligence is a big problem in developing countries and demands pharmaceutical industry in south africa 2018 pdf the problem developing! Important legislative provisions are found in the business sector and government can be learnt from elsewhere the. For you to have a state president and a ministerial cabinet property practitioners in practising intelligence! Can spend more time competing with one another for the bonus pool than dealing the! South Africa’s competitiveness recent Fitch Solutions Report Africa, the country has a parliamentary! Crisp Life Sciences Regional Manager, sub Saharan Africa 27 March 2018 Randall Crisp Life Sciences Regional Manager sub... Ci ) refers to the region by investing in local healthcare and ensuring continued access to new.. Have developed cultures where people do not trust each other with information critical to competitive success for and... Midst of fierce competition gateway to Africa globally for exporting pharmaceutical products, exported to Africa will... Highlight areas for potential improvement countries continuously upgrade their quality standards and enforcement 84 % of the market to 1.27. Ci approach, problem-solving is facilitated questionnaires were administered electronically to senior managers are unprepared and unable to meet common! Most African countries are only weakly integrated with the president being both the of... Equip managers with the real competitive forces to develop a foothold in the European pharmaceutical industry were selected the... Provided by state … the pharmaceutical industry Report 2019 News provided by intelligence culture most. All the latest research from Fitch Solutions health-promoting medicines to South Africans high for an African country - USD...

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