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The pharmaceutical sector is one of the largest in the present-day market. Big pharma plays an important role in the development of the whole medicine-driven niche in 2022. Besides well-known statements about leading companies in the international pharmaceutical industry, there is a range of facts that will surprise most readers.
For example, generics from any certified Mexican pharmacy are more on-demand among American patients today than branded drugs produced in the USA and countries of Latin America. Let’s take a closer look at this and all other unknown and even shocking facts about big pharma.
5 Facts About Big Pharma You Might Hear the First Time
Although the main representatives of big pharma in the world are three famous companies from the USA and Switzerland (Johnson & Johnson, Pfizer, Roche, Novartis, etc.), Mexican pharmaceutical market players like Sanofi Mexico can compete with the foremost manufacturers of medical supplies.
This is the introduction to the first fact to take into consideration. Mexican generics that are produced by the local companies are on-trend among patients who are searching for affordable analogs to efficient branded drugs.
The US and Swiss leading pharmaceutical companies like Pfizer, Bayer, and Roche cannot compete with Mexican pharmacy organizations/manufacturers/sellers in the context of some drugs. The high-quality generics are loved by patients for:
The same efficiency as the branded medications have;
Affordable pricing in comparison with branded drugs;
Availability of medical supplies online with international delivery.
The most popular generic alternatives in online Mexican pharmacy stores are anti-anxiety drugs and fat-burning pills.
Social media ads, banners, and TV advertising are a must for pharmaceutical companies too. Promotions will attract more investments and opportunities to develop big pharma projects and businesses. At the same time, special offers are suitable for buyers. Big pharma companies understand the necessity of discounts and policies for bulk orders.
For example, a popular Mexican pharmacy online store Medicinesmexicorx often uses different promotions for patients. It is possible to buy 4 medication positions from the catalog at the price of two (4 = 2). These and other approaches are successful for the establishment of new networks.
Only imagine that ⅔ of the global big pharma is concentrated in Mexico. Such leading companies as Pfizer, Bayer, AstraZeneca, GlaxoSmithKline, and Roche have capacity factories and manufacturing objects in this country. This tendency is caused by the extremely favorable terms for the pharmaceutical business in Latin America.
According to Forbes’ latest research, big pharma together with global bank institutions brings the highest profit margin (about 19%). It means that the pharmaceutical business is similar to finance projects in the context of their profitability!
The main reason for such statistics is the last coronavirus outbreak that caused the boom of the best Mexican pharmacy representatives and other manufacturers of vaccines, pills, and medical supplies in Latin America. The only competitive big pharma player for Mexico and the USA (with its Mexican laboratories and plants) is still China.
Although the leading pharmaceutical companies have well-thought logistics and transportation routes, the challenge of supply chain disruption is sharp today. Even big pharma is searching for optimal ways to solve these problems. Monitoring and tracking software improves supply processes and reduces the risk of delays and counterfeit products.
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Published on April 11, 2022
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