ISSN NO: 0974-4274(PRINT), ISSN NO: 2582-1148(ONLINE)

  • Enlisted in UGC CARE Group - 1

  • Listed in Ulrich's Periodicals Directory

  • Indexed in J-Gate

  • Licensor for EBSCO

  • Listed in Proquest

  • Included in Google Scholar

  • Accessed in DOAJ

Pricing of Pharmaceutical Products in SME Pharma Units

Year 2012
Volume/Issue/Review Month Vol. - V | Issue II | July
Title Pricing of Pharmaceutical Products in SME Pharma Units
Authors Dr. J. K. Panda , Mr. S. R. Hota
Broad area Pricing of Pharmaceutical Products in SME Pharma Units
Abstract
Small and medium pharmaceutical units contribute to a large extent in making
formulations and bulk drugs for meeting domestic pharmaceutical requirement
of the country. This research article evaluates one of the key parameters
influencing the pricing of drugs in SME Pharma units after implementation of
the current GMP, GLP & GCP. It studies in details the processes and mechanism
involved in pricing of the SME Pharma units.
Different functional areas like manufacturing, distribution, marketing, R & D,
Finance and Information technology in practice of GMP, GLP and other Quality
system like ISO were studied for elaborate costing and its effect on pricing of
drugs and pharmaceuticals.
For operational economy many of the small scale pharmaceutical units of
Odisha have adopted cluster approach, which is a well developed strategy for
technological upgradation to meet GMP/GLP requirement.
Description The study is focused mainly on bulk drug and formulation manufacturing units in SME sector. (a) Bulk Drugs & Phytochemicals The bulk drug is the parent chemical entity, excipient or drug substance which is used in formulation making for consumption by pat
File
Referenceses
  • Ahluwalia, Isher, Industrial Growth in India, O.U.P. Delhi,
  • 1985
  • Ajitabh and K Momaya, 2004, “Competitiveness of Firms
  • : Review of Theory, Frameworks and Models”.
  • Singapore Management Review, Vol. 26 No 1, First
  • Half, pp 45-61.
  • Bansal, S.K, Financial Problems of Small Scale
  • Industries, Anmol Publications, New Delhi, 1992.
  • Bhatia, B.S Management of productivity in Indian
  • industries. Deep and Deep Publication New
  • Delhi,1988
  • Business Strategy and Firm Performance in a Mature
  • Industry”. Journal of Operations Management, Vol
  • 13 No.1, pp 19-33.
  • Chandra Prasanna Financial Management Theory and
  • Practice, Tata MC Graw Hill New Delhi 1994
  • Dr J. S. Juneja, “ Small & Medium Enterprises- challenges
  • and Opportunities”
  • Drugs and Cosmetics Act 1940, Drugs and Cosmetics
  • Rules 1945
  • Drugs (Prices Control) Order, 1987, Vijay Malik, Eastern
  • Book Company, Lucknow
  • Gupta M and C Garret, 1996. “Managerial Implications
  • of Flexible Manufacturing for Small, Medium Sized
  • Enterprises”, Technovation, Vol. 16 No 2, pp 77-83.
  • Gyampah K.A. and S.S. Boye, 2001. “Operations
  • Strategy in an Emerging Economy. The case of the
  • Ghanian Manufacturing Industry”, Journal of
  • Operations Management, Vol. 19, pp 59-79.
  • Hills and Johns, Strategic Management, Theory
  • Igor Ansoff, Corporate Strategy, New York, Mc Graw
  • Hill,1965
  • Indian Pharmaceutical Guide,1995- 2009
  • Jalal R.S. Industrial Enterpreneurship in Small Scale
  • Industry, Anmol Publishing House 1991
  • J. A. Pearce III & R. B. Robinson Jr, Strategic
  • Management
  • Khanddol Wal , N M, Working Capitl Management,
  • Ashish Publication House 1985
  • Mathur S P Economics of Small Scale Industries,
  • Sundeep Prakashan. 1979
  • Meenakashi Sundaram , N . Financial Management in
  • Small Scale Enterprises Kamishka Publishers
  • Distributors New Delhi
  • Sharma J.P Small Scale Industry, Anmol Publisher, New
  • Delhi , 1990.
  • Siropolis, Entrepreneurship and Small Business
  • management, 6th Edition
  • The Pharma Review, Dec-06, Volume 5
  • Walker Petty, Finance Management of Small Firms
  • Williams FPD, DE Souza, ME Rosenfeldt and M
  • Kassaee, 1995. “Manufacturing Strategy,
  • Times of India, 2002. “Small Scale Sector : An Engine of
  • Growth”, October 24, Delhi.