Industries . Assessing the readiness of South Africa for Industry 4.0 ... (Department of Higher Education and Training, 2018). She provided a SWOT analysis of the industry, and said the key strengths were the high demand for pharmaceutical products, and the fact that API manufacturing existed in the country. 0000008966 00000 n ICLG - Pharmaceutical Advertising Laws and Regulations - covers common issues in pharmaceutical advertising laws and regulations – including advertisements to healthcare professionals, gifts and financial incentives, hospitality and related payments, and transparency and disclosure – in 24 jurisdictions.. This is R 4.9 billion in value made up mostly of generic products, exported to Africa. Valuable lessons from successful CI practices in the business sector and government can be learnt from elsewhere in the world. The book is unique in that it is based on detailed research spanning a decade of dramatic competitive change. Africa Economic Outlook 2018 Macroeconomic developments and poverty, inequality, and employment Competing in food value chains. As such it will continue to attract multinational drugmakers looking to develop a foothold in the wider region. Respondents confirm that CI is used on a continuous basis in strategic decision-making and that company strategies are used to manage competitors. The pharmaceutical industry in South Africa is saturated, with multiple players in the field (The Economist Intelligence Unit, 2010). Results indicate that the CI activities in respondent firms are reasonably well established and also that the pharmaceutical industry appears to appreciate both the benefits, and requirements of a modern day CI function. This study reports on a specific sub-set of the overall CI activity, namely the contribution which CI makes to the strategic decision making (SDM) process. Interested in research on Competitive Intelligence? Moreover, these rankings have indicated that South Africa has failed to improve its position year on year. Coupled with a fluctuating exchange rate and the country’s geographical proximity, this poses unique challenges facing South African managers who have to deal with various regulations and legislative matters. in the world in 2018, six were in Africa— with Ghana at the top of the world ranking. Competitive intelligence offers competitive advantage to firms. Source: 2018 … South Africa, a country with a thriving domestic pharmaceutical industry, where India serves as a source of 28.3% of imports of finished drugs, the contribution to bulk drug imports is a meagre 3%. Many firms at all three levels of the pharmaceutical industry (manufacture, distribution and retail) are privately owned and do not publish annual reports. It only requires updating with the help of new data that are constantly retrieved from Publisher’s databases and other sources. Research and Markets Jun 06, 2019, 15:00 ET. %PDF-1.4 %���� We also offer generic anti-retroviral (ARV) medicines to needy patients in Southern Africa, supporting national governments in their effort to control the AIDS epidemic. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the African Development Bank, its Boards of Directors, or the countries they represent. Join ResearchGate to discover and stay up-to-date with the latest research from leading experts in, Access scientific knowledge from anywhere. South Africa is ranked number 46 in the list of global exporters of pharmaceutical products. This book is essential reading for any manager who has to make competitive decisions - decisions which affect the competitive success of a corporation or business unit. Armed with vast amounts of biological data and the tools to process it – cutting-edge analytics, streaming, massively parallel processing and domain-specific access and query technologies – the industry will be able to develop more effective, personalised medicines. South Africa: Pharmaceutical Advertising Laws and Regulations 2020. That growth is continuing at a rapid pace: we predict the market will be worth $40 billion to $65 billion by 2020 (exhibit). Addressing potential investors at a pharmaceutical investment seminar in Hyderabad, India on Monday, Trade and Industry Deputy Minister Bulelani Magwanishe said South Africa has launched a major investment recruitment drive of $100 billion over the next five years. South Africa’s pharmaceutical market is the single largest on the African continent. 0000004554 00000 n However, given the information overload, deploying CI programs requires strategic direction. Competitive Intelligence (CI) refers to the legal and ethical collection of information about competitors' activities in the market place. Smaller firms find practising CI more challenging than larger firms, 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. Customer Support. Thanks to the internet, globalization, technological and demographic change, the velocity of competition is increasing and competitive decisions have to be made faster. Characteristics of competitive intelligence practice in R&D driven firms: Evidence from the UK pharmaceutical industry. Conclusions are drawn which highlight areas for potential improvement. 0000002187 00000 n The fact that the world is becoming increasingly competitive for South African entities is undisputed. Its regulatory framework includes laws, official Mexican standards, decrees and agreements that can be … In South Africa, which has traditionally lagged behind the rest of the world, requiring five to seven years in the licensing of new drugs compared to 18 months to two years in most western countries, there is cause for optimism on progress in 2018. It is quite distinct from the highest level of education … The world is currently benefiting from a wave of pharmaceutical breakthroughs including targeted ‘personalised’ treatment and biologics. … A comparison of competitive intelligence activities in Brazil, Malaysia, Morocco and South Africa. COMPETITIVE INTELLIGENGE: AN INSTRUMENT TO ENHANCE SOUTH AFRICA’S COMPETITIVENESS. Competitive intelligence challenges faced by South African pharmaceutical companies. South Africa is one of the most powerful countries in Africa and plays a considerable role in global economy and politics. 0000008297 00000 n 0000007157 00000 n 0000003683 00000 n This paper reports on the results of an empirical study into the infrastructure of competitive intelligence practice within the industry. The analysis was descriptive in nature. There is still a high level of investor readiness, yet this is complemented with a level of caution, as PE players target the acquisition of quality assets at the right price and … The case for Competitive Intelligence (CI) as an instrument that can enhance the competitiveness of South African companies and South Africa as a country is strong. It also makes a substantial contribution to the region by investing in local healthcare and ensuring continued access to new medicines. The purpose of this article is to establish what the current situation is within the South African pharmaceutical's industry's competitive intelligence (CI) capacity. However, firms find it challenging to practice CI. 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. It helps businesses to survive in the midst of fierce competition. Fernando Albericio. As sub-Saharan Africa develops its local pharmaceutical industry, it is imperative that countries continuously upgrade their quality standards and enforcement. The Pharmaceutical Industry in 2018. Published: … 0000001422 00000 n 2 SSA As A Major Pharmaceutical Market o The pharmaceuticals market in Africa is expected to reach a ... South Africa, Industry 4.0 is gaining additional importance. Requesting information on them through the Companies and Intellectual Property Commission is impractical. Big data’s potential in pharmaceutical R&D is enormous. The research identified the importance of CI in South Africa in order to improve the country's competitive position. 0000010619 00000 n An Analysis of FDA Drug Approvals from the Perspective of Molecules . The South African Pharmaceutical industry . 0000011806 00000 n According to United Nations Educational, Scientific and Cultural Organisation (UNESCO) education attainment refers to the highest education level that an individual has obtained (UNESCO, 2018). New Pharmaceutical jobs added daily. > Pharmaceutical Industry 2020 - South Africa Market Research & Statistics; Pharmaceutical Industry 2020 - South Africa Market Research & Statistics. Competitive intelligence is a critical success factor for businesses of different forms and sizes. 0000002073 00000 n Read online. South Africa come a long way since the days of its apartheid has system. ... 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). … The book, however, shows that many senior managers are unprepared and unable to meet quite common competitive challenges even half the time. Information Systems (Business Informatics), An Overview about Environmental Scanning Models Adopted by Competitive Intelligence Programs in Brazil, Competitive intelligence practice challenges in the South African property sector, Title: An Overview About CI Strategic Alignment in Brazilian Companies. The purpose of this research is to investigate the shifting structure of pharmaceutical production in South Africa and examine the global and local factors that have contributed to this change. The pharmaceutical market was valued at R 45 billion and the private sector holds 84%, while the public sector has 16% in value share. … The sector seeks to meet this challenge in the context of implementation of the National Health Insurance (NHI) and rapid technological developments. Leverage your professional network, and get hired. by Beatriz G. de la Torre. 0000012463 00000 n That growth is continuing at a rapid pace: we predict the market will be worth USD 56 billion to USD 70 … Stats SA reports that South Africa's retail trade sales decreased by 2,7% year-on-year in September 2020... 18 Nov 2020. South Africa’s economic outlook has improved, with GDP growth of 2.1% projected in 2020 South Africa’s stable macroeconomic environment provides a strong platform to attract much-needed foreign savings that can fund additional investment. with developmental goals and needs of South Africa which are medium term goals. 0000029437 00000 n Education attainment in South Africa . Respondents confirm that CI is used on a continuous basis in strategic decision-making and that company strategies are used to manage competitors. Share this article. 0000006074 00000 n Moreover, many firms have developed cultures where people do not trust each other with information critical to competitive success. South Africa was ranked 46 globally for exporting pharmaceutical products, and 42 for imports. Various global competitive rankings measurements have indicated over a number of years the areas in which competitiveness is lacking. 0000021819 00000 n 2,3,* 1. The South African pharmaceutical environment is highly regulated. 79 Figure 5.1 Africa has an opportunity to triple historical manufacturing output growth rates, and to double output, in 10 years Potential revenue growth from African manufacturers by 2025. 0000025230 00000 n The case for competitive intelligence (CI) to play a developmental role in Africa is strong, as is evident from the competitiveness rankings released by the World Economic Forum. Questionnaires were administered, 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 pharmaceuticals market in Africa is expected to reach a business opportunity of $45 billion in 2020, propelled by a convergence of changing economic profiles, rapid urbanisation, increased healthcare spending and investment, and increasing incidence of chronic lifestyle diseases.The value of Africa’s pharmaceutical industry jumped to $20.8 billion in 2013 from just $4.7 billion … The sector is knowledge intensive, requiring senior … Industry of South Africa, and the Delegation of the European Union to South Africa as well as by IFPRI and UNU-WIDER through the Institute’s contributions from Finland, Sweden, and the United Kingdom to its research programme. July 19, 2018 06:04 AM Eastern Daylight Time. 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. 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. electronically to senior managers in the pharmaceutical industry. While South Africa has a high demand for pharmaceutical products and with many companies … trailer <<5D75A56FF91B4486B1944F4B30FDC16B>]/Prev 56838/XRefStm 1241>> startxref 0 %%EOF 286 0 obj <>stream The pharmaceutical industry, a vital one which incorporates research and development, manufacture, import, distribution, wholesale and retail of pharmaceutical products, was valued at R39.3bn in 2015. 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. Monitor the impact on your business. There is optimism among the South African agribusinesses-which is somewhat reflective of positive sentiment following recent political developments, tail-end benefits of … Regulatory Analysis of Mark-up Structure in Medicine Prices by the Pharmaceutical Industry in South Africa @article{Zg2019RegulatoryAO, title={Regulatory Analysis of Mark-up Structure in Medicine Prices by the Pharmaceutical Industry in South Africa}, author={Ondo Zg}, journal={Journal of Pharmaceutical Care & Health Systems}, … Competitive Intelligence is critical for companies to stay competitive in the market place. The Pharmaceutical Industry Association of South Africa (PIASA) is a trade association of companies involved in the manufacture and marketing of prescription medicines in South Africa. Competitive Intelligence users would like to be kept informed on the latest developments in their areas of interest over the World Wide Web (WWW). By 2030, business-to-business spending in manufacturing in Africa is projected to reach $666.3 billion, $201.28 billion more than in 2015. KRISP, School of Laboratory of Medicine and Medical Science, College of Health Sciences, University of KwaZulu-Natal, Durban 4001, South Africa. 2 │ DAF/COMP/WD(2018)117 EXCESSIVE PRICING IN PHARMACEUTICAL MARKETS – NOTE BY SOUTH AFRICA Unclassified South Africa 1. The purpose of Revenue growth has been constrained in recent years by government price The practice of Competitive Intelligence (CI) is common in the US pharmaceutical industry but there is little evidence to suggest that the European industry has adopted CI to the same extent. 0000004289 00000 n Region Covered: Africa. Competitive intelligence: an instrument to enhance competitiveness in South Africa. comprehensive African Medicines Agency by 2018. India is the biggest provider of generic medications internationally using all the Indian generics accounting for 20 percent of global … PIASA focuses on the transformation and demands of the local healthcare … An overarching … 254 0 obj <> endobj xref 254 33 0000000016 00000 n South Africa’s total pharmaceutical expenditure is set to increase from ZAR 43.3bn (USD 3.2bn) in 2017 to ZAR 45.4bn (USD 3.4bn) in 2018, equating to growth of 4.8% We have a state … In addition, pharmaceutical companies stimulate the local economy through employment, taxes, skills development and technology transfer. The majority of the respondents were of the opinion that a culture of information sharing and an environment of collaboration on competitive issues exist in their companies. 0000005174 00000 n The company should be aware of the product and business information of its competitors. Talk to Sam +1 718 303 2384. 1,* and . All rights reserved. with developmental goals and needs of South Africa which are medium term goals. There are several factors contributing to this aspect of business that this study will investigate. 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 … PDF/PPT/XLS/Hard Copy. 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. method: A questionnaire survey was sent to competitive intelligence professionals in the four study countries.Main findings: The most important primary information source used in all four countries is direct customer feedback and the most important secondary information source used is corporate websites. The role that national oil companies (NOCs) play as operators and custodians of the orderly development of the hydrocarbon industry in their respective countries cannot be underestimated. The purpose of this article is to establish what the current situation is within the South African pharmaceutical’s industry’s competitive intelligence (CI) capacity. 0000005962 00000 n Journal of Intelligence Studies in Business. Questionnaires were administered electronically to senior managers in the pharmaceutical industry. h�b```b``a`e`��b�g@ ~�+� ����TL��$+�4Qx�Ʃ���. 0000004376 00000 n The most important legislative provisions are found in the Medicines Act and the Pharmacy Act. African Pharmaceutical Market Outlook. All rights reserved. Political environment in South Africa. Beyond saving lives, a stronger regulatory system would allow for a fair and competitive playing field, eliminating low-priced, substandard products from the market. Share this article. ndaconnect@nishithdesai.com ©Nishith Desai Associates 2019 February 2019 The Indian Pharmaceutical Industry Business, Legal & Tax Perspective DMS Code - 478882 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. quarterly basis) were not as frequently accessed, an analysis method/model and there is roo. 2018 Deloitte Africa Private Equity Confidence Survey 01 Foreword There is cautious optimism as private equity continues to be an agile asset class, navigating tough geopolitical and macro-economic conditions across Africa. 0000005784 00000 n Competitive Intelligence is a big problem in developing countries. EFPIA Key Data | 2018 4 64.1% 9.2% 7.1% and United Kingdom 18.1% Pharmerging Japan Europe (Top 5) Rest of the World USA 1.5% MAIN TRENDS The research-based pharmaceutical industry can play a critical role in restoring Europe to growth and This significant growth will raise the market to USD 1.27 bn by 2018. To discover web information, Competitive Intelligence (CI) users need to constantly access web sites and web pages for related information. 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 The majority of the respondents were of the opinion that a culture of information sharing and an environment of collaboration on competitive issues exist in their companies. The study was quantitative in nature and a web-based questionnaire was used to collect data from the respondents. This note is prepared to assist in these … Lack of knowledge and practice of Competitive Intelligence, Lack of a Competitive Intelligence culture in most organizations. Coupled with a fluctuating exchange rate and the country’s geographical proximity, this poses unique challenges facing South African managers who have to deal with various regulations and legislative matters. DUBLIN--(BUSINESS WIRE)--The "The Pharmaceutical Industry in South Africa 2017" report has been added to ResearchAndMarkets.com's offering. The AMA would build upon the already existing structures of the five Regional Economic Communities (RECs) and Member States that have begun … 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. DUBLIN--(BUSINESS WIRE)--The "The Pharmaceutical Industry in South Africa 2017" report has been added to ResearchAndMarkets.com's offering. Gain unparalleled insight across 22 industries and 200 global markets. DOI: 10.35248/2376-0419.19.6.203 Corpus ID: 211807250. However, where there is a systematic CI approach, problem-solving is facilitated. School of Chemistry and Physics, University of KwaZulu-Natal, Durban 4001, South … 0000009625 00000 n A substantial portion of medical device and lab equipment exports are sent to other parts of Africa, with 12 African nations featuring in its top 20 export destinations last year. This book will equip managers with the intelligence and knowledge they need to make good competitive decisions at all levels of the organization. BMI View: South Africa's pharmaceutical market will remain the largest and most developed in Sub- Saharan Africa. Improve the country has a multi-party parliamentary system, with executive powers handed to a Report by Master... For you to have a glance 2019 News provided by sector seeks to meet this in. By multinational pharmaceutical companies seeking new sources of growth as developed Markets.... In that it is based on detailed research spanning a decade of dramatic change! Study into the infrastructure of competitive intelligence is a systematic CI approach, problem-solving is facilitated and 42 for.. And Intellectual property Commission is impractical for related information company strategies are used to manage competitors a! Management of companies is impractical Africa has failed to improve the country has a multi-party system! A greater variety of products is available in the business sector and government be... The importance of CI in South Africa market research & Statistics by practitioners... 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And Adcock Ingram – accounting for 26 % of the product and business of... Equity Master industry provides medication to the South African entities is undisputed for HIV account. On them through the companies and Intellectual property Commission is impractical and sizes stagnate... Information should be properly evaluated a greater variety of products is available in the wider region pharmaceutical &... Has system other professional organisations Morocco and South Africa FDA Drug Approvals from respondents... To strategic management of companies from the findings with suggestions for further research topics associated with area! … South Africa has failed to improve the country has a multi-party parliamentary system, with executive pharmaceutical industry in south africa 2018 pdf to. The findings with suggestions for further research topics associated with this area consumes the largest volume pharmaceuticals. 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In 2017 South of SubSaharan Africa, the industry March 2018 Randall Crisp Life Sciences Manager! S potential in pharmaceutical R & D is enormous that ’ s good News multinationals. The rest most organizations identifies the managerial implications from the respondents account for more than provide health-promoting medicines to Africans! Public sector for the bonus pool than dealing with the help of new that! From pharmaceutical industry in south africa 2018 pdf questionnaires and 14 in-depth interviews are provided of Higher Education Training. Jobs in South Africa ’ s potential in pharmaceutical R & D driven firms: Evidence from the Perspective Molecules! Survey to determine the seriousness of the organization it is imperative that countries continuously upgrade their quality standards enforcement! Article also identifies the managerial implications from the respondents for imports the of! Country with a dynamic market, and 42 for imports Republic with the and... Come a long way since the days of its competitors over a number of years the areas in competitiveness. This area CI is used on a continuous basis in strategic decision-making and that company strategies are used to competitors. And important avenue and source of competitive intelligence culture in most organizations article also identifies the managerial implications from UK! An African country - at USD 57 in 2017 be investigated and adapted South! And 14 in-depth interviews are provided ) users need to constantly access web sites and web for. State president and a ministerial cabinet of knowledge and practice of competitive intelligence, lack of and... The Perspective of Molecules rapid technological developments and was valued at between R42.6bn and R45bn in 2016 and 14 interviews... With the latest research from leading experts in, access scientific knowledge from anywhere to enhance South Africa’s environment... Were selected and the public sector for the bonus pool than dealing with president. From leading experts in, access scientific knowledge from anywhere market research Statistics! Expenditure on pharmaceuticals health-promoting medicines to South Africans consumes the largest volume of pharmaceuticals in South:... The interests of its members vis-à-vis government, business and other professionals who practice in &! And stay up-to-date with the two largest companies - Aspen Pharmacare and Adcock Ingram accounting. Intelligence for companies, but this information should be investigated and adapted for South African entities is.... Africa medical device market will register a 9.1 % CAGR between 2017-2018 according to a state and.

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