Posted in Pharmaceuticals and Healthcare, Total Reads: 1328
SWOT Analysis of Hospira with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Broad commitment to healthcare, supported by a wide variety of products that help improve the well being of patients around the world
Injectable drugs and infusion technologies
Progressive, positive and purposeful approach
1. Portfolio of specialty injectable drugs 2. Strategic acquisitions enabling Hospira to strengthen its business 3. product portfolio includes cardiovascular drugs, analgesics, nesthetics, anti-infectives and oncology injectables 4. broad product portfolio in the specialty injectable pharmaceuticals market helps Hospira in catering to its customer needs besides enhancing the company’s brand image
5. Good market reputation and wide variety of services offered
6. Strong customer centric approach
1. FDA warning letter regarding Rocky Mount manufacturing facility 2. Intense competition means limited growth in market share
1. Further expansion in emerging countries likely to strengthen Hospira’s manufacturing capacity 2. Launch of generic injectable pharmaceutical products 3. Global tie-ups and associations can strengthen brand
1. Dependence on GPO and IDN pricing agreements could affect margins 2. Intense competition could affect the company’s market share 3. Exposure to cost-containment efforts may have a negative impact on the company’s sales and profitability
1. Baxter International Inc. 2. Pfizer Inc 3. Terumo Corporation
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