A Comparative Study Of Pre And Post Merger Financial Performances Of Selected Pharmaceutical Companies In India PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download A Comparative Study Of Pre And Post Merger Financial Performances Of Selected Pharmaceutical Companies In India PDF full book. Access full book title A Comparative Study Of Pre And Post Merger Financial Performances Of Selected Pharmaceutical Companies In India.

A Comparative Study of Pre- and Post-Merger Financial Performances of Selected Pharmaceutical Companies in India

A Comparative Study of Pre- and Post-Merger Financial Performances of Selected Pharmaceutical Companies in India
Author: Basab Kumar Sil
Publisher:
Total Pages:
Release: 2015
Genre:
ISBN:

Download A Comparative Study of Pre- and Post-Merger Financial Performances of Selected Pharmaceutical Companies in India Book in PDF, ePub and Kindle

The paper examines the effectiveness of mergers as used by the corporate bodies as one of the strategic tools in improving post-merger financial performance. A comparative analysis of some selected Indian pharmaceutical companies' pre- and post-merger financial performance was conducted on the basis of different financial parameters. Exact binomial tests, nonparametric Mann-Whitney tests and nonparametric Wilcoxon signed rank tests were performed on the collected data. The study concludes that mergers are not so effective in making a useful contribution to improving the post-merger financial performance of the selected companies.


Post-Merger Scenario of Acquirers

Post-Merger Scenario of Acquirers
Author: Sil Basab Kumar
Publisher: LAP Lambert Academic Publishing
Total Pages: 328
Release: 2015-01-05
Genre:
ISBN: 9783659670589

Download Post-Merger Scenario of Acquirers Book in PDF, ePub and Kindle

The economic reforms in India since 1991 have made the competition global to the Indian corporates. The new mantra has become "beat them or join them." Growth has become the fulcrum of every business which have been achieved through corporate mergers and acquisitions (M&As). Synergy is popularly cited as one of the prime reasons for planning M&As. In the Indian pharmaceutical industry, over the past few years companies like Ranbaxy, Wockhardt, Cadila, Matrix, Jubilant etc. have targeted developed markets in their pursuit of growth by making one or more international acquisitions, while others are also scouting for potential targets. In this backdrop, the present study is an attempt to examine the post-merger operating and financial performance of some selected Indian pharmaceutical companies that have gone through the process of M&As during 2000 to 2007 on the basis of some financial parameters in order to observe whether the process of M&As had left any significant impact on the post-merger operating and financial performance of the acquirers selected in the sample.


Mergers and Acquisitions

Mergers and Acquisitions
Author: Mark Thomas
Publisher: Taylor & Francis
Total Pages: 211
Release: 2024-04-05
Genre: Business & Economics
ISBN: 1040008828

Download Mergers and Acquisitions Book in PDF, ePub and Kindle

Covid-19 has brought so much uncertainty, but one certainty is that the vaccine race will generate winners and losers in the pharmaceutical and biotechnology industries. This will have a major impact on merger and acquisition activity. While the plethora of merger and acquisition deals are abundantly reported by the news media, there is a clear lack of in-depth analysis on the multiple rationales and various challenges in the life sciences industry. By offering contributions from a variety of experts in the biotechnology and pharmaceutical industries, as well as experts on mergers and acquisitions, this edited collection will draw upon the knowledge of a variety of different actors within the fields of pharma and biotech. This book offers a timely exploration of the complexities of mergers and acquisitions in the pharmaceutical and biotechnology industries while seeking to bridge the gap between theory and practice. It presents a critical analysis of the rationale for acquisitions and studies the challenges of ensuring a successful deal. In the light of the Covid-19 pandemic, it will also explore the impact this may have on the industry, which may further stimulate merger and acquisition activity. It will be of interest to researchers, academics, policymakers, and students in the fields of strategy, management, governance, and the biotechnology and pharmaceutical industries.


Comparing Pre and Post Merger Operating Performance

Comparing Pre and Post Merger Operating Performance
Author: Suryakrishna Mantrala
Publisher:
Total Pages: 7
Release: 2013
Genre:
ISBN:

Download Comparing Pre and Post Merger Operating Performance Book in PDF, ePub and Kindle

In view of the growing internationalisation and liberalisation of the Indian economy, the corporate environment of the country has been passing through intense competition especially in the last two decades paving the way to survival of the fittest. In such a crucial juncture, even giants in the corporate arena keep hunting for strategies of stable growth along with the objective of ensuring sustainability. One of the most effective options in this context turns out to be M&As. In this landscape the present paper makes an attempt to examine the operating performance of the top mergers of India emerged in 2007. Considering 6 out of the 10 such top mergers the paper has compared the operating performance ratios of merging companies before and after merger. It has been found that except one company i.e. Tata Steel, in all the rest five companies, the operating performance measured in terms of operating profit margin, gross profit margin and net profit margin ratio has declined after merger.


Analysis of Financial Performance of Selected Pharmaceutical Companies of India

Analysis of Financial Performance of Selected Pharmaceutical Companies of India
Author: P. Rohitkumar
Publisher: Infotech Publishers
Total Pages: 0
Release: 2023-02-04
Genre: Business & Economics
ISBN: 9784158373520

Download Analysis of Financial Performance of Selected Pharmaceutical Companies of India Book in PDF, ePub and Kindle

GLOBAL PHARMACEUTICAL INDUSTRY The global pharmaceutical industry is worth US$ 300 billion a year, a figure projected to grow within three years to US$ 400 billion. The 10 biggest drug firms control more than one-third of this market, many with annual revenue of \ more than US$ 10 billion and profit margins of about 30%. Six are based in the \sUSA and four are based in Europe. North and South America, Europe, and Japan are expected to continue to account for a complete 85% of the global pharmaceutical market well into the 21st century. At present, businesses spend one-third of their sales income on selling their goods - nearly double what they spend on research and growth.


Performance of Pharmaceutical Companies in India

Performance of Pharmaceutical Companies in India
Author: Mainak Mazumdar
Publisher: Springer Science & Business Media
Total Pages: 215
Release: 2012-10-19
Genre: Business & Economics
ISBN: 3790828750

Download Performance of Pharmaceutical Companies in India Book in PDF, ePub and Kindle

This book explains how government support and institutional set up facilitated the evolution of the Indian pharmaceutical industry and provides an economic analysis of firm strategies due to recent policy changes. The book is useful for researchers interested in understanding the transition of a lifeline sector for an emerging economy like India. Students of public policy, health administrators and health economists who are interested in the functioning of the pharmaceutical sector that produces life saving drugs in developing nations will find this book useful. The book also provides good coverage on data envelopment analysis (DEA), a useful technique for understanding productivity and efficiency. It can provide guidance to the research students on the applicability of DEA technique to address various research questions for analysis. The book will be a valuable addition to libraries in colleges of pharmacy and medicine as well as to all other academic and research centers.


Comparative Analysis and Benchmarking

Comparative Analysis and Benchmarking
Author: Hung-hsin Chen
Publisher: Universal-Publishers
Total Pages: 138
Release: 2003
Genre: Business & Economics
ISBN: 158112189X

Download Comparative Analysis and Benchmarking Book in PDF, ePub and Kindle

This research of corporate strategy analysis implements comparative analysis and benchmarking to analyse and examine the corporate strategy of the pharmaceutical sectors of 4 international pharmaceutical companies. This research adopts the hybrid approach of combining qualitative and quantitative methods in a two stages research design. Quantitative method is applied first to deal with the comparative figures, and then qualitative method is used to find out the problem. The design of this multiple research includes three phases: data collection, analysis, and reporting. The findings of this research can be divided into 4 parts: R&D/marketing, technology alliances, strategic acquisitions and merger, and manufacturing. The drug innovative projects are recommended being developed within the company's familiar therapeutic areas in order to take its marketing advantage. Through this comparative analysis, some of this type of problems of these international pharmaceutical companies is identified. A big pharmaceutical company forming alliances with some small biotechnology companies has become a trend within pharmaceutical industry since 1980s. For pharmaceutical companies, to take advantage of R&D through biotechnology is the main purpose of alliances with small biotechnology companies. It is important to note that most pharmaceutical acquisitions belong to the type of absorption with high resource transferring and low autonomy. Due to the high profit margin and the essential importance of R&D and marketing, the operation management of manufacturing of pharmaceutical industry is relatively poor. The low asset utilisation rate pointed out this problem. Academic researches have revealed that existing theories of operation management of manufacturing, such as action research, set-up reduction, teamwork, continuous improvement, collaboration, and involvement, are applicable and beneficial to pharmaceutical industry rather than waiting for the technology breakthroughs.


An Analysis of Financial Performance of Indian Pharmaceutical Companies

An Analysis of Financial Performance of Indian Pharmaceutical Companies
Author: CMA(Dr.) Ashok Panigrahi
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN:

Download An Analysis of Financial Performance of Indian Pharmaceutical Companies Book in PDF, ePub and Kindle

Financial performance is a subjective measure of how well a firm can use assets from its primary mode of business and generate revenues. This term is also used as a general measure of a firm's overall financial health over a given period of time, and can be used to compare similar firms across the same companies or to compare companies or sectors in aggregation. A firm's performance measurement has been the subject matter of discussion for decision makers as managers, planners, economists and academic staff since long many years. Financial analysts often assess firm's production and productivity performance, profitability performance, liquidity performance, leverage performance, asset utilisation performance and growth performance. The financial performance analysis identifies the financial strengths and weaknesses of the firm by properly establishing relationships between the items of the balance sheet and profit and loss account. In this context researcher has undertaken an analysis of financial performance of pharmaceutical companies to understand how management of finance plays a crucial role in the growth. In this paper an attempt has been made to analyse the profitability position of five leading pharmaceutical companies of India with the help of mean, standard deviation, co-efficient of variation, multiple regression, and analysis of variance. The increase in profitability will not only yield greater efficiency but also improve financial performance in future. The study is conducted by taking into account of the data for five years from 2011-2012 to 2015-2016. The Pharmaceutical companies selected for study are Lupin, Wochkardt, Glenmark, Abott and Torrent. The financial performance of these companies are evaluated and found that the profitability of the selected pharmaceutical companies in India during the study period is satisfactory.