Step 4 - Determine overall Healthcare industry structure and test analysis for consistency It has put additional competitive pressures on players such as Sun Pharma. The Porter Five Forces that determine the industry structure in Biotechnology & Drugs are -. The Company specializes in technically complex products, offering a comprehensive therapy basket. (FIIs) And believe me, when the FII stake is increasing into a particular company, that is a very positive sign for the growth and returns expected in the future. Weaknesses of Sun Pharma can either be absence of strengths or resources of capabilities that are required but at present the organization doesn't have. Majority of pharmaceutical sales originate in the US, EU and Japanese markets. 3. SWOT analysis is one of the most widely used tools for strategic analysis. 2-4 years pricing experience in healthcare, pharmaceuticals, IDN/health system pharmacies or pharmaceutical suppliers. - Are there people extremely critical to organization that can tilt the balance between strengths and weaknesses of the company. - Shortage of skilled human resources - Given the high turnover of employees and increasing dependence on innovative solution, companyname can face skilled human resources challenges in the near future. In Sun Pharma Industries SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors. Rigorous application of Porter 5 Forces can help managers at Sun Pharma to understand - The Sun Story. The Company has a field force of over 9,200 people, reaching around 600,000 doctors in the country. MBA Skool is a Knowledge Resource for Management Students, Aspirants & Professionals. Our formulation expertise lies in the areas of taste masking . It is facing stiff challenges from international and local competitors. Know about Ajanta Pharma peers and competition. It helps the company in catering to various customers segments in the Biotechnology & Drugs industry. - Market Leadership Position - Sun Pharma has a strong market leadership position in the Biotechnology & Drugs industry. At the conclusion of the inspection, the agency issued a Form 483, with eight observations. The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. It has been reviewed & published by the MBA Skool Team. Diversify your portfolio by investing in Global brands. Compared to Sun Pharma, Cipla has 5,281 fewer employees. Leaders at Sun Pharma can also use SWOT analysis to understand how key strengths can be extended either to adjacent areas or new industries all together. SWOT Analysis / Matrix of Sun Pharma by EMBA PRO includes the four key elements - Strengths, Weaknesses, Opportunities, & Threats. - Business Model of Sun Pharma can be easily imitated by the competitors in the Biotechnology & Drugs industry. SWOT analysis can still help managers at Sun Pharma to work out the pros and cons of new project, initial viability and long term scope keeping in the competitors strategy and macro environment development. The Company has a field force of over 9,200 people, reaching around 600,000 doctors in the country. 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Also owning a lot of patents under their name has helped them earn a lot of profits. Cipla is in the Pharmaceuticals industry. Sun Pharma produces generic medicines at a very low cost thus giving it a competitive advantage. The content on MBA Skool has been created for educational & academic purpose only. Browse marketing analysis of more brands and companies similar to Sun Pharma Industries. Strong growth in emerging market business, 2. Strategists at Sun Pharma can utilize SWOT for following objectives -. Threat of new entrants in the Biotechnology & Drugs industry, - Talent management at Sun Pharma and skill development of the employees - Human resources are integral to the success of Sun Pharma in Biotechnology & Drugs industry. Diversified Investment and business. Few employees are responsible for the Sun Pharma's knowledge base and replacing them will be extremely difficult in the present conditions. - Isolate the strengths and weaknesses of the Sun Pharma as much as possible. They have successfully acquired Taro pharma which has further consolidated their position in Indian markets 5. Research and group them based on the segments within the Healthcare industry. In such a scenario Sun Pharma has to carefully analyze the various trends within the Healthcare sector and figure out what it needs to do to drive future growth. The developed markets will contribute 63% of the spending, driven by the US. The companies are not associated with MBA Skool in any way.Edit the brand or add a new one to SWOT Analysis section : Contribute. Managers can use Porter Five Forces model to analyze the competitiveness faced by Sun Pharma in Biotechnology & Drugs industry. . - What strategies Sun Pharma can employ to diversify the risks emerging from the weaknesses of organization and threats from the macro environment. The frequency of conducting SWOT analysis in Healthcare sector depends upon the objectives of the company and rate of change in the Healthcare sector and Biotechnology & Drugs industry. The strengths of Sun Pharma Industries looks at the key aspects of its business which gives it competitive advantage in the market. Most organization follows one variant of focus strategy in real world. In the short term SWOT is an effective tool to improve business processes, part of business, or both together. In cost leadership, Sun Pharma can set out to become the low cost producer in the iBiotechnology & Drugs industry. Sun Pharma's revenue is the ranked 1st among it's top 10 competitors. - Competitive pressures - As the new product launch cycles are reducing in the Healthcare industry. The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. To offer context to the SWOT analysis, the report includes a description of this company; its office locations and subsidiaries; any intellectual property owned; key financials such as market cap and revenue;