Corporate Presentation - Jubilant Bhartia Group
Corporate Presentation - Jubilant Bhartia Group
Corporate Presentation - Jubilant Bhartia Group
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88Industry Trends Support Shift Towards OutsourcingDeclining growth in global Pharmaceutical marketSource: IMS Health Market Prognosis 2010Global Pharmaexperiencing declininggrowth & marginpressure• Spiraling healthcare costs trigger Governmental pressure to reduce product prices• Patent expiry of key innovations resulting in pressures on revenues & margins• Declining R&D productivity leading to reduced pipelineKey Drivers for GlobalCRAMS Industry• Pressure to reduce manufacturing costs and protect margins• Increasing need to develop innovative products faster and at low cost• Changing mindsets towards R&D and Manufacturing outsourcing