Panther Health Care Project

PANTHER HEALTH CARE PVT. LTD.”

Sr.No. Name of chapterPage no

1. Introduction 6

2. Objectives of project 16

3. Company profile 18

4. Marketing mix 34

5. Research methodology 45

6. Data analysis and interpretation 52

7. Recommendation of the study 59

8. Conclusion 77

9. Bibliography 80

10. Annexure 84

1

INDEX

1.

Introduction

2

Marketing in Pharmaceutical Industry

Marketing management is the practical application of this process. Pharmaceutical industry

plays an important role in building a strong human capital for the country. The importance of

the pharmaceutical industry in the healthcare sector as well as the global economy has been

increasing rapidly. The pharmaceutical marketing is different from consumer marketing, as in

this the products are usually not chosen by the consumers for there convenience, but it is

given by their consultant on their health complaints. Pharmaceutical marketing involves

selling of drugs and medicines to qualifies person who has the basic knowledge of medicines

Selling, consumer goods are quits easy, and involve less risk, but pharmaceutical marketing

involves selling of medicines that too through a mediator (doctor) to the consumer

1.1 Classification of Pharmaceutical Marketing

Pharmaceutical marketing is done in two ways-

1.) Ethical Marketing / Prescription based marketing.

2.) OTC(Over the counter) marketing.

1. Ethical Marketing / Prescription based marketing:

In pharmaceutical marketing, goods (i.e. medicines) are not sold directly to consumer

but through Physicians / doctors who prescribe the drugs to the patient. Physicians are

perhaps the most important players in pharmaceutical sales. They write the prescriptions that

determine which drugs will be used for the patient. Influencing the physician is key to

pharmaceutical sales. Ethical Marketing involves influencing the physician. In Ethical

marketing importance is given to prescription selling, target customer here is physician who

is qualifies enough to decide which medicine is better for his patient.

3

2. OTC Marketing:

The OTC stands for 'Over the Counter', which means the direct selling from the chemist

counter without any suggestion or the prescription of the physician. The drugs included major

in this category are the, Analgesics (Pain Killers) Antipyretic (For Fever.) Most of the

patients to save physicians fees do this type of treatment but it is ethically wrong because

they don't understands the MOA (Mechanism of Action) and also the side effects of that

drug.

1.2 Launching of the Pharmaceutical Products in Market:

Pharmaceutical marketing is the most challenging in today's world as it is approaching the

millennium. Today's pharmaceutical market is complex and multinational with products

primarily aimed at the maintence and improvement of people's health. Historically, this was

done with large pharmaceutical sales forces.

More than 10,000 sales force-Large Scale Organisation Less 1,000 sales force- Small Scale

Organisation

(Sales representative) meet to the physicians regularly providing information and free drug

samples according to the companies policy to the physicians. This is still the approach today.

As the competition is becoming stiff and due to entrance of

new players in pharmaceutical market, making call to physicians is not sufficient. Today

each and every pharmaceutical company is giving importance of the aggressive marketing

along with the Productive call in the doctors chamber of the medicinal product.

Aggressive marketing of the means providing the proper services to the doctor, chemist &

also take care of patients. Pharmaceutical marketing is stand on four pillars of, Doctor,

Chemist, Distributor, & also on Patients.

1) Physician:-

Physician is the person who prescribes the drug and is well aware of the medicinal value of

the product.

4

2) Retailers.:-

Retailer who makes availability of the prescribing product & also providing the guidance in

the proper selection of doctor and about molecule to promote in doctor chamber.

3) Distributors :-

Distributor makes the proper availability of stock from company for the proper distribution in

the territory chemist and helps in selection of area or town to be covered.

4) Patients :-

Patients these are the direct and end users of the products. So these are so important.

Company will provide the medicines at the most economical rates for patient' Conveniences.

5

Pharmaceutical Company D

O

C

T

O

R

S

/

P

H

Y

S

I

A

N

C

H

E

M

I

S

T

/

R

E

T

A

I

L

E

R

D

I

S

T

R

I

B

U

T

O

R

P

A

T

I

E

N

T

1.3 Promotion of Pharmaceutical Product:

The process of convincing the doctor also providing the information to retailer about the

product and doctors promise for product and taking order and give to the stockiest make

product available for the patient convenience is major duty of the medical.

Some of the techniques adopted by Pharma Company's are Steps of promotion of

pharmaceutical product.

Special comp nigh for some product

Targeting the Physicians for particular Molecule

Meeting to the physician.

Sampling.

Giving a regular follow-up

Providing informative literature.

Arranging Doctor's meet.

Giving gifts as token of gesture.

Advertisment of the product in books, journals and magazines used by the physicians.

Participate in medical conference.

1.4 CONCEPTUAL FRAMEWORK

Before starting the main project it is necessary to yet analytical with certain concepts so that

it helps to get better understanding of the project following are some of the concept used in

the project.

1) PHARMACY:

Pharmacy is defined as "The art of preparing and dispensing medicines and embodies the

knowledge and skill requisite to carry them out in practice."

2) DRUG:

According to WHO "A drug is any substance or products used or intended to be used to

6

modify or explore physoplogical system or pathological state for the benefits of the

recipient."

3) BULKDRUG:

"Bulk drugs are active or inactive ingredients used in the manufacture of finished dosages

drugs products".

4) COMPOUNDING:

Compounding is defined as "Produce a dosage form of drug other than that manipulation that

is provided for in the directions for use on the labelling of the approved drug product, for

example, the reconstitution of a sterile powder with sterile water for injection.

5) PHARMACIST:

The Person licensees and have operating in conformity and dispensing in response to a valid

prescription.

1.5 Present Scenario of Pharma Companies :

Since independence Pharma industry is contributing towards Indian economy. But with the

major shift in the economy policy i.e. 1991 they are contributing even more than before form

a long period of India Pharmaceutical companies are giving a good contribution through

Ayurved, Homeopathy, allopathic etc. After independence public sector and private sector

Pharmaceuticals companies were the main source of medicines every year for its people.

Now Pharma companies are growing year after year.

Previously the Pharma field was relatively unknown to common people, now with the

progress in the pharmaceutical field people are paying more attention towards this field,

because of the lucrative offering made by the Pharma companies. The change this field can

be gauged from the education in the field of pharmacy. Now many student are diverted

towards the pharmaceutical field of pharmacy. Now many students are diverted towards the

pharmaceutical field and the government is also supporting by way of providing quality

education and other facilities and by opening new colleges that this field grows by leaps and

bounds.

7

Future in this field has become very bright. It is under constant focus of the people. Now the

Indians are giving more attention towards this field. Since India has second largest population

of the world there will be steady increase in demand for the pharmaceutical products.

In India per capital expenditure III drug is very low as compared to the international

standards. India as per capital expenditure of US$-3 against US$-4l2 in Japan and US$-222

in Germany and US#-91 in US. This is not very surprising considering the low literacy level

in India. With improvement in literacy level and health consciousness, the consumption of

pharmaceutical product is bound to increase.

In past 2005 scenario companies will enjoy the benefit for launching the specialized product

without fearing about the benefit for launching the specialized product. The need for the

specialized product is expected to increase with the changing demographic and disease

profile. This is due to increase in income level and changing lifestyle and improvement in

health infrastructure. The market or the companies will grow as they will enter that area to

wide extent. At present there exist wide disparity in terms of medication and health

infrastructure of the sectors. In urban areas nearly 26% of the population is yet to get the

maximum medical coverage to the extent of 67% in the rural sector, which forms 76% of the

population. Population is getting increased gradually, meaning immense potential for these

companies.

8

1.6 Product Promotional Pattern

In classification various techniques are used to promote and sell a pharmaceutical such as TV

advertising, distributing broachers, regular visits by medical representative, gift and sample

distribution. An ethical drug first has to be approved and recommended by a physician and

then sold to the patient or consumer, through medical stores, non ethical or patented products

can be directly sold to the consumer through persuasive advertising through various media

such as newspaper, magazine, radio or TV.

It can be sold through point of sale advertising which means poster in the medical shop or

window displays, but the proportion of non ethical or patented products is hardly about 20%

of the total output of drugs and pharmaceutical products.

Hence an indirect method, a round about way of promotion and distribution has been adopted

in pharmaceutical marketing. It can be shown diagrammatically as given under.

1.CHART

9

Patient /

Direct

Physician or Doctors

Medical

Executive

Chemist / Retailer

Pharmaceutical Product Product

It has been observed that about 15% to 20% products are sold directly to the

institutional customers such as hospitals, nursing homes, etc and above 80% sale is individual

customer on the basis of prescriptionn given to individual and submitted to the druggist.

Hence the primary and most important task for the medical representative is to pay sales calls

to the physicians. He is expected to pay sales calls of about 12 or more physicians everyday

about 25 days a month. He has to plan his sales calls carefully, for which he has to make a

tentative list of physicians in his history.

Company

Central Depot

C & F (Carry and Forward)

District wise Stockist

Retailers

Patients

CHART NO.2

10

Drug & Pharmaceutical Co.

Managing Director

Production Marketing Sales Finance

Executive Executive Executive Executive

State Level State Level State Level State level

1.Division 2.Division 3.Division 4.Division

Area manager Area manager

Sale Sale

Supervisor Supervisor

MR MR MR MR MR MR

CHART NO. 3

Flow chart of Pharmaceutical Companies Marketing Team

11

2. OBJECTIVES OF

PROJECT

12

Research Objectives:

Objectives of the Project entitled as Marketing Strategy adopted by

PANTHER HEALTH CARE PVT. LTD in Nagpur region is as follows:

To study existing marketing strategies of company.

To study the promotional of product among field force and distribution

channels.

To observe product and improvement (if needed) to meet a changing market

need or customer's taste.

To study the sales ranking of the various products of Companies as per ORG

IMS.

To check the potentiality of the doctors.

To undertake study of selected potential doctor on the basis of random sampling.

Scope of study:

The study is related with District. In the project work there is enumerate the customer

behaviour and the market scenario of the pharmaceutical products and also the factors the

marketing of the pharmaceuticals.

13

3. Company profile

14

Company Profile

2A] History of company:

PANTHER HEALTH CARE PVT. LTD is ISO 9001 leading pharmaceutical company

having its registered office in Merut. PANTHER HEALTH CARE is a leading

pharmaceutical company of India ranked 7th in all over India and 4th in North India as per

ORG-IMS, & Prescription Audit, and March, 2006. As per Stockiest Secondary Audit March

2006, PANTHER HEALTH CARE ranked 13th position in India. PANTHER HEALTH

CARE has growth rate is 66% annually and in top 20 fastest growing companies PANTHER

HEALTH CARE ranked at 7th position as per ORG-IMS in all over India. Also according to

Prescription Audit (Medical Audit) Sep 2006 PANTHER HEALTH CARE ranked State wise

as-

North India: 07 East India: 16

West India: 04 South India : 21

The Company was launched in year '2005' with a goal to serve the suffering humanity and to

reach out even to those corners of the country where nobody had ventured before. From a

modest beginning in 2005, PANTHER HEALTH CARE was able to achieve, a turnover of

"550 corer" (latest achieving figures).

15

Spotlight

Giant steps from PANTHER HEALTH CARE

PANTHER HEALTH CARE PVT. LTD is one of the fastest growing domestic

pharmaceutical companies, making a strong impact on the Indian pharma scene for the past

decade since it came into existence.Sapna Dogra finds more

Impressive growth

The story of PANTHER HEALTH CARE PVT. LTD is one of inspiration, persistence and

perseverance. From a humble beginning in 2005 with a capital investment of about Rs 50

lakh, PANTHER HEALTH CARE was able to achieve a turnover of over Rs 2 crore in the

year 2005 from a modest Rs 3.5 crore in the year 2005. With a market share of about 1.75

percent of the Rs 3 crore domestic pharma

16

market, PANTHER HEALTH CARE has a strong presence in antibiotics, antifungals,

nutritionals, gastrointestinals, NSAIDs, antihelmintics and ED categories. They have many

brands that ranked number.

When it started in 2005, PANTHER HEALTH CARE had a presence in just two states.

Today, PANTHER HEALTH CARE covers the entire length and breadth of India. The

company focuses on the grassroots by tapping small towns and rural areas through its team of

about 1,900 medical representatives. It is doing fairly well even in cities like Delhi, Chennai,

Mumbai.

The company is aggressively expanding its domestic sales through its existing divisions,

namely PANTHER HEALTH CARE, Discovery PANTHER HEALTH CARE and Life Star,

as a business strategy. For instance, the PANTHER HEALTH CARE division has a mixed

bag of cardiovascular and diabetic products. PANTHER HEALTH CARE’s domestic

formulations business is expected to grow at a whopping 40 percent.

The Discovery PANTHER HEALTH CARE division was launched about two-and-a-half

years ago. With a field force of 650 medical representatives and managers, already quite a

few brands of Discovery PANTHER HEALTH CARE have reached to the top five positions

in their respective segments. The relatively new Life Star division is yet another sister

concern of PANTHER HEALTH CARE PVT. LTD, which has inducted around 100 field

people so far. The focus of Life Star division of PANTHER HEALTH CARE is on

ophthalmology and the dermal segment. Very soon, it will be entering into anti-malarial

segment.

17

Driving force

The driving force behind this rising juggernaut is the Managing Director, AMAN KHAN,

whose vision and unrelenting perseverance has made PANTHER HEALTH CARE a force to

reckon with. In fact, his personal life is a source of inspiration to

many. A science graduate, Khan worked at Lupin as a Manager

before he set up his own outfit. Reminiscing, Khan says, PANTHER

HEALTH CARE was launched as a very small entity in Roorkee with

about 20 products, which mainly included vitamins, painkillers and

antibiotics. "Even the name 'PANTHER HEALTH CARE' was chosen deliberately because

we wanted to serve PANTHER HEALTH CARE and suffering people. Our aim is to reach

out even to those corners of the country where nobody had ventured before," reveals Khan.

What is the secret of such stupendous growth? "We believe in sharing our fortunes within the

company amongst all employees," claims Khan. The incentive policy is such that it makes

our people work hard, adds Dr Sanjay Kaul, GM, Project Management Team. "We always

think about the patients, the consumers and hence we have always lowered the price bands,"

informs Khan, who also wants to build a charitable hospital in Roorkee for the

underprivileged.

18

AMAN KHAN

Managing Director

2C] Achivements of the company:

Seven brands Ranked No. 1 and around 15 brands in top 5 positions (as per ORG-IMS

STOCKIST SECONDARY AUDIT, March 2007) form the core of the strategic brands of the

company.

LIST OF PRODUCTS

PRODUCTS ON FORM -28

S.No. Name of Product Composition

1 BECLODERM –CG

OINTMENT

Composition

Beclomethasone Dipropionate I.P 0.025%w/w

Clotrimazole I.P. 1%w/w

Gentamicin Sulphate I.P.

eq. to Gentamicin 0.1% w/w

Ointment base………. qs.

2 BECLODERM –N

OINTMENT

Composition

Beclomethasone

Dipropionate I.P 0.025%w/w

Neomycin Sulphate I.P 0.5% w/w

Ointment base………. Qs

19

4 BECLOMET-GM CREAM

Composition

Beclomethasone

Dipropionate I.P. 0.025%w/w


eq. to Gentamicin 0.1% w/w Miconazole Nitrate I.P. 2.0%w/w

Cream base…………………..qs.

5 Betnomet CreamComposition

Betamethasone Valerate IP 0.1%w/w

In a Cream base…………………..qs.

6 BETNOMET-N CREAM Composition

Betamethasone Valerate I.P. 0.12%w/w

Neomycin Sulphate I.P. 0.5%w/w

Cream base…………………..qs.

20

ON FORM 28

7 Fungi Plus Ceram

Gentamicin Sulphate

Fluocinolone Acetonide Miconazole Nitrate Cream

Composition


Eq to Gentamicin 0.1% w/w

Fluocinolone Acetonide I.P 0.01%w/w

Miconazole Nitrate I.P. 2.0%w/w

a Cream base…………………..qs.

8 Quadarm cream

Beclomethasone Dipropionate Gentamicin Sulphate

Tolnaftate

Iodochlorhydroxyquinoline

Chlorocresol caream

Composition

Beclomethasone

Dipropionate I.P 0.025% w/w


as Gentamicin 0.1% w/w

Tolnaftate U.S..P 1.0% w/w

Iodochlorhydroxyquinoline I.P. 1.0% w/w

Chlorocresol I.P. 0.1% w/w

(as preservative)

in a cream base. qs

ON FORM 25

21

1 DICLO gel Composition

Diclofenac Diethylamonium salt 1.16%w/w

Eq to Diclofenac Sodium IP 1.0%w/w

In a gel base qs

2 Neodine Ointment

Povidone Iodine Ointment

Composition

Povidone Iodine IP 5.0%w/w

(Available Iodine 0.5%w/w

Water soluble Ointment base qs

3 Burnil cream

Silversulphadiazine

cream

Composition Silver sulfadiazine USP 1.0%w/w

in a cream base. qs

Tablets Section on form 25

S.No Name of Products Composition

1 Spasnol Each uncoated tablet contains

Dicyclomine Hydrochloride I.P 20mg

22

Dicyclomine Hydrochloride & Paracetamol Tablets

Paracetamol I.P 500mg

Exipeients ………..q.s

2 DP - Gesic

Diclofenac sodium & Paracetamol Tablets

Each uncoated tablet contains

Diclofenac sodium I.P 50mg



3 Pento-40

Pentoprazole Tablets 40mg

Each enteric coated tablets contains

Pantoprazole Sodium Sesquihydrate

Eq to Pantoprazole 40mg

Exipeients ……….. …….q.s

Approved Colour use

4 Libocet

Levocetrizine Dihydrochloride Tablets

Each film coated tablet contains

Levocetirizine Dihydrochloride I.P 5mg


Color: titanium dioxide I.P

5 Paramol

Paracetamol Tablets I.P 500mg




6 PENCET

Cetirizine Hydrochloride Tablets


Cetirizine Hydrochloride I.P 10mg


7 PANOF-200

Ofloxacin Tablets I.P


Ofloxacin I.P 200mg


Color titanium dioxide IP

8 MEFSPAS Each uncoated tablet contains

23

Dicyclomine Hydrochloride & Mefenamic acid Tablets

Dicyclomine Hydrochloride IP 10.0 mg

Mefenamic acid IP 250.0 mg


Color : Tartrazine

Tablets Section on form 28

1 Betasol

Betamethasone Tablets IP


Betamethasone sodium phosphate I.P

Eq to Betamethasone I.P 0.5mg

Exipeients ………..QS

Color Erythrosine I.P

2 Dekasone Each uncoated tablet contains

Dexamethasone I.P 0.5mg

Exipeients …………….q.s

24

Dexomethasone Tablets IP Approved Colour use

3 Calfit

Calcium with Vitamin D3

Tablets


Calcium carbonate I.P 1250mg

(for an organic source oyster shell)

Eq to Calcium 500mg

Vitamin D3 250 IU


Approved Colour use

25

Liquid Section on form -25

26

27

S.No Name of Products Composition

1 Spansol Drops

Dicyclomine &

Dimethicone drops

Each ml contains

Dicyclomine hydrochloride IP 10mg

Simethicone IP 40mg

Flavoured syrupy base…….qs

Color: Sunset yellow FCF

2 Panof Suspension Each 5ml contains

Ofloxacin IP 50mg


Color : Approved color use

3 Panof-ORD Suspension

Ofloxacin &

Ornidazole susp.

Each 5ml contains

Ofloxacin IP 50mg

Ornidazole IP 125mg


Color : Approved color use

4 LEVNEXY Susp.

Levofloxacin Hemihydrate

syrup

Each 5ml contains

Levofloxacin Hemihydrate IP

Eq to Levofloxacin 100mg


Color: Sunset yellow FCF

5 Proheptin Plus Syrup

Cyproheptadine Hydrochloride &

Tricoline citrate Syrup

Each 5ml contains

Cyproheptadine Hydrochloride IP 2mg

(Anhydrous)

Tricoline citrate 275mg

Sorbitol 70% (Non Crystalline) …….qs

Color : Caramel IP

6 Ptralka Syrup Each 5ml contains

Di sodium hydrogen citrate BP 1.4gm


Color : Tartrazine supra

7. Panworm Suspention

Albendazole suspension

Each 5ml contains

Albendazole I.P 200mg

Flavoured palatable base q.s

Liquid Section on form -28

1.

PANBION-L Syrup

(For Prophylactic use)

Vitamin-B Complex Syrup with Lysine

Each 5ml contains

Thiamine Hydrochloride IP 2.0 mg

Riboflavin Sodium Phosphate IP 2.5mg

Nicotinamide IP 15.0mg

D-Panthenol IP 3.0mg

Cyancobalamine IP 1.0mcg

28

L-Lysine mono Hcl USP 50.0mg

Flavoured syrupy base qs

Colour : Carmoisine

2 PANORANGE Syrup

Therepeutic use

Each 15ml contains

Ferric ammonium citrate IP 160mg

Folic acid IP 0.5mg

Cyanocobalamine IP 7.5mcg

Flavored syrupy base…….qs

Approved colour use

3 AZY Susp. Each 5ml contains

Azithromycin IP

As Azithromycin (Anhydrous) 50mg

Flavored syrupy base…….qs

Color : Approved colour use

29

S.No

BRAND NAME COMPOSITION

1. Omeprazole Capsule IP

Panzole-20

Each Hard Gelatin Capsule Contains :

Omeprazole IP 20mg

(As enteric coated granules)

Excipients qs

Approved colours used in empty hard gelatin capsule shell

2. Omeprazole & Domperidone Capsule

Panzole-D


Omeprazole IP 20mg


Domperidone IP 10mg

(As sustained release pellets)

Excipients qs Approved colours used in empty hard gelatin capsule shell

3. Rabeprazole & Domperidone Capsule


30

Panrab-DSR Omeprazole IP 20mg


Excipients qs

Approved colours used in empty hard gelatin capsule shell.

4. Carbonyl Iron, Folic Acid

& Zinc Sulphate monohydrate With

Adenosylcobalamine

Panfer


Elemental Iron 100mg

(As Carbonyl Iron)

Folic Acid IP 1.5mg

Zinc Sulphate monohydrate USP

Equivalent to Elemental Zinc 22.5mg

Adenosylcobalamine 100mcg

Excipients qs


Appropriate overages of vitamins added to compensate for loss on storage

5. Tetracyline Hydrochloride

Capsule IP

Pantetra-250


Tetracyline Hydrochloride IP 250mg

Excipients qs


6. Tetracyline Hydrochloride

Capsule IP

Pantetra-500


Tetracyline Hydrochloride IP 500mg

Excipients qs


7. Chloramphenicol

Capsule IP

Panchloro-250


Chloramphenicol IP 250mg

Excipients qs


8. Chloramphenicol

Capsule IP


Chloramphenicol IP 500mg

31

Panchloro-500 Excipients qs


9. Loperamide Hydrochloride

Capsule IP

Loperapan


Loperamide Hydrochloride IP 2.0mg

Excipients qs


10. Pantoprazole & Domperidone Capsule

Panto-DSR


Pantoprazole Sodium Sesquihydrate IP

Eqv.to Pantoprazole 40mg

(As enteric coated Pellets)

Domperidone IP 30mg

(As sustained release pellets)

Excipients qs


The company has outperformed the growth of the Pharma industry in India by growing at the

rate of more than 66% year after year and ranking among the top 10 most aggressive in new

launches Pharma companies in India (ORG - IMS, March 2005). From a field force of 53 in

2005, today the total strength has reached to 2600 Medical Representatives and Managers

working in almost all parts of the country.

The company has well defined processes of Production, Quality control, Distribution,

Marketing, Training and Human Resource Development. PANTHER HEALTH CARE has a

very strong market presence in Antibiotics, Antifungals, Gastrointestinals, NSAIDs,

Anthelmintics and Erectile Dysfunction categories with many brands ranked no. I such per

(ORG-IMS, Retail Audit 2005). PANTHER HEALTH CARE says their strength lies in our

people.

To meet the increased demand of the products PANTHER HEALTH CARE is setting up a

state of the art Inject able manufacturing unit and a world class R & D centre in Paonta Sahib

32

(H.P). The company has already purchased 60,000 Sq. mts. Land and shall be investing Rs. 1

crore to set up the facilities which shall be operational by Oct' 2006.

The manufacturing unit in Paonta Sahib shall enjoy the benefits of excise exemption. Another

unit under the banner of PHARMA FORCE having capsule and tablet manufacturing

facilities, shall be operational in Paonta Sahib by June' 2005.

2.D] Network of Company: From two states in 2005, PANTHER HEALTH CARE today covers the entire length

and breadth of India. Our products are available across the country. Including the remote

pockets serviced by 33 C & F agents & a comprehensive network of 3500 stockiest (Latest

figure).

2.E] Company's Vision: Company's Vision is to become one of the most admired Pharma companies in India. And by

year 2010 we want to be among the top 10 pharmaceutical companies of India.

2.F] company's Mission:Vision of the company is very simple and distinct. The company's mission is "Serve the

Humanity".

2.G] Marketing strategy adopted by PANTHER HEALTH CARE

PVT. LTD : Marketing is the act or process of buying and selling in a market. According to Peter Drucker,

Marketing is : "Marketing and innovation are the two chief functions of business. You get

33

paid for creating a customer, which is marketing. And you get paid for creating a new

dimension of performance, which is innovation. Everything else is a cost center : "Marketing

is commercial functions involved in transferring goods from producer to consumer. The

American Marketing Association suggests that Marketing is "the process of planning and

executing the pricing, promotion, and distribution of goods, ideas, and services to create

exchanges that satisfy individual and organizational goals."

Marketing Strategies:

The strategies define general approaches you will take to meet your objective. To be most

effective, marketing strategies should be integrated into marketing plan (which in turn should

be part of the business plan). By integrating strategies into overall company plans, better

business objectives can be achieved. Marketing strategies are the result of a meticulous

market analysis.

Marketing strategies adopted by PANTHER HEALTH CARE PVT. LTD. PANTHER

HEALTH CARE PVT. LTD is leading pharmaceutical company having a range of product

used as medicine. The company has the sound marketing strategy, which has helped the

company to prosper. Since Pharma marketing is indirect marketing, company has developed

strategy to sustain and to prosper in the market.

The main features / characteristics company's marketing strategy mainly includes-

1. Company has framed the strategy keeping III core the prescribers.

2. Company has also framed strategy keeping III mind the retailers also.

3. Company has developed strategy keeping in view the Sales force that is the important

weapon of the company.

4. Company has given prime importance to the patient I.e. direct customer by making

economy in the product.

5A] Strategy for prescribes physicians:

Physicians are the target customers for the company; hence the company is always

34

trying to develop the strategy so that there is increase in the physicians.

The strategy developed for the doctors mainly includes -

* Conduction survey.

* Checking the potentiality of the doctors.

* Positioning of the product.

* Detailing of the products to the doctors.

* Sampling

* Regular follow-ups

* Providing the informative literature.

* Oragansing Health check-up camps.

* Categorizing Doctor according to the prescription support.

* Giving Gifts as token for gesture.

* Sponsorships.

"A Quality market survey is the key for the success".

Company always follows this principle strictly. Company has its own format of

survey, which has to be filled at chemist retailer counter.

The purpose of this mainly includes.

* To check the potentiality of the doctor in terms of patients checked,

prescription generated by the doctors, and rupees value of the prescription.

* To check the liking of the Doctor in particular molecule, combination.

35

* To check the existence of the competitor product & if exist what is the

position of the competitor's product.

Positioning means placement of product in the market by identifying the needs of the

customer. By Positioning the product the company is able to more precisely meet the needs of

more customers and consequently to gain a higher overall level of share or profit from a

market. And also positioning is depending on the seasonal requirements. In Pharma

marketing the positioning of the product is done the basis of the indication in which the drug

has the medicinal values and accordingly the product is promoted. PANTHER HEALTH

CARE PVT. LTD also follows the same principle. However they have been categorized

depending upon the benefits of the product in the disease or disorder.

For example :

The drugs used in treatment of hyperacidity are categorized & Proton pumps inhibitors

and is positioned and promoted to the Gastroenterologist mainly, who are specialist in the

treatment of ulcer of stomach or intestine.

After conducting the survey and determining the potentiality of the doctors, the next step

is to meet the doctor personally and detail him the quality and benefits of the product."

PANTHER HEALTH CARE PVT. LTD always believe in Productive call."

Company appointed medical representative who perform this job by means of a visual

aid does the detailing of product to the doctors. Visual aid is a printed material, which

visualizes the USP's (Unique selling point of the product) and important aspects of the

product.

As the name suggest the Visual aid helps to emphasis the benefits of the product visually.

Company always tries to use the visual aid, which will magnify the benefits and USP,s of the

product effectively.

Sampling is a free distribution of the product to the doctor, so that he can ensure result of the

products. Sampling is done to the physician and to the doctors through the M.R. so that the

doctor can give the product to the patients and ensure the result of the product in the Patient.

The sampling policy of Company is quite specific.

36

This is another important marketing tool, which the company is using tactfully & skillfully.

Regular follow-ups means doing something special or unique which will make the doctor to

remind the product or conducting the activity that will continuously hammer the product in

the doctor's mind.

Regular follow-up mainly include sending a reminder card to the doctors, requesting the

doctor to prescribe the product. Sending reminder cards also include drafting & sending a

thanks-giving note to the doctor for extending their prescription support to the doctor.

Company always give emphasis on importance of regular follow up.

As the name suggest the Visual aid helps to emphasis the benefits of the product visually.

Company always tries to use the visual aid, which will magnify the benefits and USP,s of the

product effectively.

Sampling is a free distribution of the product to the doctor, so that he can ensure result of the

products. Sampling is done to the physician and to the doctors through the M.R. so that the

doctor can give the product to the patients and ensure the result of the product in the Patient.

The sampling policy of Company is quite specific.

This is another important marketing tool, which the company is using tactfully & skillfully.

Regular follow-ups means doing something special or unique which will make the doctor to

remind the product or conducting the activity that will continuously hammer the product in

the doctor's mind.

Regular follow-up mainly include sending a reminder card to the doctors, requesting the

doctor to prescribe the product. Sending reminder cards also include drafting & sending a

thanks-giving note to the doctor for extending their prescription support to the doctor.

Company always give emphasis on importance of regular follow-up. The company have

made it mandatory that, each and every medical representative should send reminder cards to

the doctors. For the doctors located at distance, Company asked the M.R. to send postcards

regularly that too hand written.

As the mission indicates company's aim IS to serve humanity. Supplying informative

literature is apart of it. Informative literature is supplied to the doctors; physician. The

purpose behind supplying literature is to make the doctor's aware about the medicinal value

37

of the product. Informative literature is very important tool in launching of a new product, as

the product is new it is necessary to supply the informative literature with specific and valid

references, so that the doctor is convinced about the product and its benefits. Sometimes

literature is also provided with the aim of crating health aware Company use effectively both

type of literature.

This activity is carried out by the company to meet with mission of company. Company also

arranges regular heath check-up camps are organized by company. Such type of camps serves

dual purpose for the company.

By organizing such camps company shows that they aim of creating health aware. At the

same time through such camps company promote their products to doc. Recently company

organized a BMD camp (bone Mineral Density Test Camp) with aim of determining the bone

calcium level and to promote their product "Calcikind".

Once the product is promoted to the doctor and regular follow-up is given the corn ask their

medical representative to categorize the doctors on the basis of the prescribe support per

month.

Prescription Support is valued in terms of money value, accordingly the doctor

categorize as :

* Most, important doctors (M.LP.), generating prescription-has rupees value

5000-10000 per month.

* Very important doctors (V.LP), generating prescription-has rupees value

2500 - 5000 per month.

General Category (G.P.) generating prescription having rupees up to 1000 - 2500 per month.

This is supplementary method adopted by the company to boost up the sell. In this method

depending upon the category of the doctors; Gifts are given as token fir gesture. Giving Gifts

gives an impression in the mind of the doctor that they are special for the company.

This IS another supplementary method adopted by the company to boost up the sell. In this

method company gives sponsorship to the doctor for the IMA conference organized.

38

Beside the main marketing strategy adopted by the company the company has also adopted

the other strategies which mainly includes,

* Strategy related to Price.

* Strategy related to the chemist.

In today's world medication is becoming costlier and people are looking towards economy in

medication. PANTHER HEALTH CARE has very well understood this human psychology

and has skilfully developed strategy to use this psychology for marketing purpose.

PANTHER HEALTH CARE selling their product at the price economic to the patient

purpose behind adoption of such strategy is to create liking in the mind of the prescribers /

doctors & to create a long-term prescription support from the medicinal professionals.

Another reason behind selling product at economic price is to influence the prescription

behaviour of the prescribers / doctors.

Chemist is also an important pillar in pharmaceutical marketing. All the efforts are in vain, if

the doctors prescribe the product but it is not available with the chemist. PANTHER

HEALTH CARE has understand the importance of the chemist have in pharmaceutical

marketing and has developed separate strategy keeping in core the chemist.

* Giving Discount on purchase.

* Giving Additional offers on purchase.

* Giving gifts on purchase.

* Facility of expiry reimbursement.

In this type of the marketing strategy PANTHER HEALTH CARE is trying to

influence the chemist purchase behaviour.

When it started in 2005, PANTHER HEALTH CARE had a presence in just two states.

Today, PANTHER HEALTH CARE covers the entire length and breadth of India. The

company focuses on the grassroots by tapping small towns and rural areas through its team of

39

about 1,900 medical representatives. It is doing fairly well even in cities like Delhi, Chennai,

Mumbai.

The company is aggressively expanding its domestic sales through its existing divisions,

namely PANTHER HEALTH CARE, Discovery PANTHER HEALTH CARE and Life Star,

as a business strategy. For instance, the PANTHER HEALTH CARE division has a mixed

bag of cardiovascular and diabetic products. PANTHER HEALTH CARE’s domestic

formulations business is expected to grow at a whopping 40 percent.

The Discovery PANTHER HEALTH CARE division was launched about two-and-a-half

years ago. With a field force of 650 medical representatives and managers, already quite a

few brands of Discovery PANTHER HEALTH CARE have reached to the top five positions

in their respective segments. The relatively new Life Star division is yet another sister

concern of PANTHER HEALTH CARE PVT. LTD, which has inducted around 100 field

people so far. The focus of Life Star division of PANTHER HEALTH CARE is on

ophthalmology and the dermal segment. Very soon, it will be entering into anti-malarial

segment.

40

4.

MARKETING MIX

41

What is Marketing?

The term marketing has changed and evolved over a period of time, today

marketing is based around providing continual benefits to the customer, these benefits will be

provided and a transactional exchange will take place.

The Chartered Institute of Marketing define marketing as ‘The management process

responsible for identifying , anticipating and satisfying customer requirements

profitability’

If we look at this definition in more detail Marketing is a management responsibility and

should not be solely left to junior members of staff. Marketing requires co-ordination,

planning, implementation of campaigns and a competent manager(s) with the appropriate

skills to ensure success.

Marketing objectives, goals and targets have to be monitored and met, competitor strategies

analysed, anticipated and exceeded. Through effective use of market and marketing research

an organisation should be able to identify the needs and wants of the customer and try to

delivers benefits that will enhance or add to the customers lifestyle, while at the same time

ensuring that the satisfaction of these needs results in a healthy turnover for the organisation.

Philip Kotler defines marketing as ‘satisfying needs and wants through an exchange

process’

Within this exchange transaction customers will only exchange what they value

(money) if they feel that their needs are being fully satisfied, clearly the greater the benefit

provided the higher transactional value an organisation can charge.

P.Tailor of www.learnmarketing.net suggests that 'Marketing is not about providing

products or services it is essentially about providing changing benefits to the changing

needs and demands of the customer’ (P.Tailor 7/00)'

42

Marketing is a social and managerial function that attempts to create, expand and maintain a

collection of customer. A market - focused, or customer focused, organization first

determines what its potential customer desires, and then builds the product or services.

Marketing theory and practice is justified on the belief that the customer uses a product/

service has a perceived benefit.

Marketing touches everyone's life. The American Marketing association defines marketing as

"the process of planning and executing the conception, pricing, promotion and distribution of

the ideas, goods and services to create exchanges that satisfies individual and organizational

objectives. Paul Mazur defined marketing as the creation and delivery of a standard of living

to society. Marketing is a compressive term and includes all resources and a set of activities

necessary to direct and facilitate the flow of goods from the producer to the consumer in the

process of distribution

What is Niche Marketing ?

A niche market is a focused targetable portion (subset) of a market.

By definition, then, a business that focuses on a niche market is addressing a need for a

product or service that is not being addressed by mainstream providers. A niche market may

be thought of as a narrowly defined group of potential customers.

A distinct niche market usually evolves when a potential demand for a product or service is

not met by any supply, or when a new demand arises due to changes in society, technology,

or the general environment.

Niche market ventures may become profitable even though they are by nature small in

comparison to the mainstream marketplace, or monopoly. due to the benefits of specialization

and focus on small identifiable market segments; even without the benefit of economy of

scale. Niche markets may be ignored or discounted by large businesses due to what they

consider to be small potential; this in turn is part of the process that makes the niche market

available to smaller businesses. The key to capitalizing on a niche market is to find or

43

http://en.wikipedia.org/wiki/Business

http://en.wikipedia.org/wiki/Economy_of_scale

http://en.wikipedia.org/wiki/Economy_of_scale

http://en.wikipedia.org/wiki/Market_segment

http://en.wikipedia.org/wiki/Specialization

http://en.wikipedia.org/wiki/Profitable

http://en.wikipedia.org/wiki/Supply_and_demand

http://en.wikipedia.org/wiki/Customers

http://en.wikipedia.org/wiki/Mainstream

http://en.wikipedia.org/wiki/Market

develop a market niche that has customers who are accessible, that is growing fast enough,

and that is not owned by one established vendor already.

Etymology

The term "niche" (pronounced nich, nēsh, or nish) was first used by ecologists to

describe a species' position and use of resources within its environment. When used in

business the term implies a situation or an activity perfectly suited to a person or a given type

of personality. This concept has been extended from persons to products on the market.

Whereas a niche in the strict sense can be a working position or an area suited to a person

who occupies it, the market niche is perfectly suited for a product of human labour.

Marketing in and for niche markets

Niche marketing is the process of finding and serving profitable market segments

and designing custom-made products or services for them. For big companies those market

segments are often too small in order to serve them profitably as these market segments often

lack economies of scale. Niche marketers are often reliant on the loyalty business model to

maintain a profitable volume of sales.

Online niche marketing

An often used technique for affiliate marketers. By seeking out smaller segments

of larger markets, a website can be developed and promoted quickly to uniquely serve a

targeted and usually loyal customer base, giving the affiliate a small but regular income

stream. This technique is then repeated across several other niche websites until a desired

income level is achieved.

Marketing Mix The Marketing Mix. is a term used to describe the combination of tactics used

by a business to achieve its objectives by marketing its products or services effectively to a

particular target customer group. It is also referred to as the .4 Ps. . Product, Price, Promotion

and Place, or the .7 Ps. . the 4 Ps with the addition of People, Process and Physical Evidence.

44

http://en.wikipedia.org/wiki/Affiliate

http://en.wikipedia.org/wiki/Loyalty_business_model

http://en.wikipedia.org/wiki/Economies_of_scale

http://en.wikipedia.org/wiki/Service_(economics)

http://en.wikipedia.org/wiki/Product_(business)

http://en.wikipedia.org/wiki/Skill

http://en.wikipedia.org/wiki/Employment

http://en.wikipedia.org/wiki/Labour_economics

http://en.wikipedia.org/wiki/Business

http://en.wikipedia.org/wiki/Species

http://en.wikipedia.org/wiki/Ecology

http://en.wikipedia.org/wiki/Ecological_niche

http://en.wikipedia.org/wiki/Vendor_(supply_chain)

Why it is important?

Businesses need to make sure they are marketing .

_ The right product to

_ The right person at

_ The right price in

_ The right place and at

_ The right time

For example, if you manufacture pens, and have decided to target schoolchildren, it would be

more appropriate to market .

_ Coloured ballpoint pens (product)

_ At a low price (price)

_ Selling them through newsagents and stationers (place)

_ And promoting them through point of sale material (promotion) than it would be to market .

_ Gold fountain pens (product)

_ At a high price, including insurance against loss (price)

_ Selling them through specialist outlets and jewellery stores (place)

_ And promoting them in glossy magazines and Sunday Supplements (promotion)

What you should do?

Make sure you have identified each of your target customer groups. If you have not

already done so and would like further information on grouping your customers, take a look

at our 10-minute Target Customer briefing. Now, with each customer group in mind, work

through the steps outlined below.

45

Product

Marketing is about identifying, anticipating and satisfying customer needs. You

need to be sure that your products and services continue to meet your customers. needs.

1. Carry out simple research by asking your customers .

_ What they think of each product/service

_ How satisfied are they with the quality

_ How satisfied are they with any support services you may provide

_ How effective it is in meeting their needs

_ How they see their needs changing in the short and long term future

2. Carry out step 1 for each product or service you offer

3. Have a system for collecting and analysing feedback from your customers so that ideas are

fed into a new product development process that is ongoing.

46

4. Ask yourself what stage of the product life cycle your products or services have reached.

The .product life cycle. is one way of looking at how the marketing mix links together.

Products are said to go through stages . an introductory stage, a growth stage, a mature stage

and a decline stage. At each stage a slightly different mix is appropriate .

5. Analyse the profitability of each product/service you offer. For more information on

calculating this, take a look at the 10-minute 80/20 Rule. Which products/services make the

biggest contribution or provide the highest profitability? What support services do you offer

with each

product? Could it be improved, adding value with little cost?

Place

Place is the means of distribution you select depending on the type of product or service you

are marketing.

Your choice will impact on your pricing and your promotion decisions.

1. Are the customers for your products and services consumers or businesses? If they are

consumers you will have three main options .

47

_ Selling to wholesalers who will sell to retail outlets who will sell on to the consumer

_ Selling direct to retail outlets

_ Selling direct to the customer

If your customers are businesses you will probably sell to them direct through your own sales

force.

2. If you sell through wholesalers and retailers, remember when you price your products that

they will each want their own mark-up to cover their overheads. You will also need to

promote your products and services to all members of the channel. Wholesalers and retailers

will have to be persuaded to stock your product and end customers to buy them.

3. If you are selling to businesses you will have to cover the cost of a sales force. This can be

an expensive overhead and will again impact on your pricing.

Price

Price generates profit so is an important element of the mix. You need to consider -

1. What your target group of customers will be prepared to pay for your product or service. It

is

important not to set the price too low as customers may think there is something wrong with

the product. Equally, if you set the price too high, customers may think that it is too

expensive for the benefits offered. Think about how you have positioned. your product in

terms of quality. This will help you to assess how to price it.

2. What it costs you to produce it. This will show you what you need to charge and not what

you could or should charge. However, if you do not calculate what it costs you to produce

your product correctly, the more you sell, the more you will lose. Don.t forget to make an

allocation for costs such as selling which are usually treated as fixed.

48

3. What your competitors charge. Look at your competitors. web sites, or simply phone them

and ask for a price list or quotation.

Promotion

The promotional mix is made up of 5 elements:

_ advertising

_ sales promotion

_ public relations

_ direct marketing

_ personal selling

The combination of tools you use depends on the budget you make available,

the message you wish to communicate and the group of customers you are targeting. To find

out more about developing a promotional mix as part of your wider marketing mix, take a

look at the 10-minute

Some of the following Products of the PANTHER HEALTH

CARE PVT. LTD are pictured below.

49

50

KALORIE ONE

51

KALORIE ONE

5.

REASEARCH

METHODOLOGY

52

Research Methodology:

Research is common parlance refers to a search for knowledge. Research can define as a

scientific and systematic research on a specific topic. In fact, research is an art of scientific

investigation. The dictionary meaning of research is as "a careful investigation or inquiry

especially through search for the new facts in any branch of knowledge. Some consider

research as movement, a movement from known to unknown. Research may be defined as a

systematic and objective analysis and recording of controlled observations that may lead to

the development of generalization of principles or theories resulting in prediction and

possibly ultimate control of events.

Methodology is often used in a narrow sense to refer to methods, technology or tools

employed for the collection of data as well assist processing. This is also used come times to

designate data collected to arrive at the conclusion. It provides answers to some of the major

question while research like what must be done, how it will be done, what data will be

needed, what data gathering devices will be employed, now sources of data will be analyzed

to arrive at the conclusion.

3A] Issues Related to Research Study:

1. Research objectives

2. Research Methodology

3. Limitations.

3.B] Research Objectives:

Objectives of the Project entitled as Marketing Strategy adopted by

PANTHER HEALTH CARE PVT. LTD in Nagpur region is as follows:

To study existing marketing strategies of company.

53

To study the promotional of product among field force and distribution

channels.

To observe product and improvement (if needed) to meet a changing market

need or customer's taste.

To study the sales ranking of the various products of Companies as per ORG

IMS.

To check the potentiality of the doctors.

To undertake study of selected potential doctor on the basis of random sampling.

3C] Scope of study:

The study is related with District. In the project work there is enumerate the customer

behavior and the market scenario of the pharmaceutical products and also the factors the

marketing of the pharmaceuticals.

3D] Research Methodology:

3Da Research Design:

Research Design is type of blueprint prepared depending on various types of blue prints

available for the collection, measurement, and analysis of data. Research Design calls for

developing the most efficient plan of gathering the needed information. The design of the a

research study is based on the purpose of the study.

A Research Design IS the specification of method and procedure for acquiring the

information needed. It is over all operation pattern or framework of the project that Stimulate

what information is to be collected from which source by what procedures research purpose

may be categories into four categories as.

i) Exploration

ii) Descriptive

iii) Diagnosis

iv) Experimentation

54

A flexible research design provides opportunity for considering many different aspects of a

problem considering appropriate. The purpose of the research study is of the Descriptive type

i.e. the complete random selection of the sample from the universe.

3Db Descriptive Study:

Descriptive study is undertaken in many circumstance when there is interest in knowledge.

The characteristic of certain groups such a age, sex, educational level, occupation or income,

interested in knowing the proportion of in a given population who have behaved in a

particular manner, making the projection of certain things or determining the relationship

between two or more variable , descriptive study may be

Descriptive Research is the formal designs, such as completely randomized designed,

randomized block design ,Latin square design simple and complex factorial designs , In this

project the Randomized sample design should be implemented for the research purpose.

Descriptive data are commonly used for the marketing decisions, these Studies are well

structure. Design in such studies must be rigid and flexible and must focus attention of

following -

What the study is about and why it being made?

What techniques of gathering data will be adapted?

How much material will be needed?

Where required data are can be found?

Processing and analyzing of the data

Reporting and findings.

Descriptive study can be done with help of quantitative research. If descriptive information is

needed then a quantitative study is likely to the needed. The choice of data collection

techniques for this study includes. Descriptive study is likely can be done with help of

quantitative research.

55

Quantitative Research Design:

The choice of data collection techniques for this study includes.

Observation

Experimentation

Survey

In this project, the survey method is adopted for collecting

the data by the various techniques as.

1) Personal interview - through correspondent

2) Telephone survey - through telephone

3) Questionnaire - By making the set of question & giving it to the respondent to

collect the data.

3.E] Research Methodology Adopted:-

The Research Methodology adopted III the project IS purposive where information collected

& utilized to study the marketing strategy adopted by PANTHER HEALTH CARE PVT.

LTD. The Research Methodology adopted include following steps.

a) Sampling.

b) Data collection.

c) Analysis & conclusion of data.

3Ea Sampling:

Sampling is a tool, which helps to know the characteristic of the universe of population by

examine only a small part of it. the sampling done in this project is deliberate sampling where

Nagpur market selected deliberately to check the effective launching of the medicinal product

and the Response to the product after launching. An integral component of a research design

56

is the sampling plan specifically, it address two questions.

Sampling is also called as Random sampling" Or 'Chance sampling". Sampling design

represent terms of the universe & has equal chance or probability of being same choosers.

The selection of the items is independent of the person making the study that is the sampling

operation is control objectively so that items will be chosen strictly at random probability.

The sample size are as follows:

Doctor 100 Numbers

From City 15 Numbers

From Rural 85 Numbers

Chemist 50 Numbers

From City 15 Numbers

From Rural 35 Numbers

The study of the entire universe will be impossible on the account of limitation of time and

money. Hence sampling becomes inevitable. A sample is only a portion of the universe of

population. According to YULE, a famous statistician "the object of sampling is to get

maximum information about the parent population with minimum effort." properly done

sampling produce representative data of the entire population.

3Eb: Data collection Method.

Collection of data is the first step in statistic the data collection process follows the

formulation of research design including the sample plan, data, which can be secondary or

primary, can be collected using variety of tools. Once the research has been designed, the

next step is selection of the source of the data.

1) Primary Source of the Data:

Primary source of the data refer to the data collected directly from the market place, traders.

The data collected from the primary source is most reliable and helps to overcome the

limitation of the secondary data. Primary data involves direct collection of the data by direct

interaction.

57

Collection of primary data is by distributing the questionnaire to the selected samples to

obtain their views on research by mail or through personal interview.

2) Secondary Source of the Data:

It includes the information collected from the secondary source i.e. from already available

data. It includes information collected from the printed journals, published reports, news

item, sales report etc. Secondary data has been obtained through the various sources are as,

* Technical and trade journals, books, magazines and newspapers, report and

publication of various associations connected with business and industry, banks,

stock exchange; etc.

* Public records and statistic, historical documents and other sources of

published information.

* Through the direct search on the Internet.

3 F] Limitations:

1) Any statistical technique employed has some inherent assumption, which mayor may

not distort the references.

2) Analysis is made on the information provided by the Retailer and Doctors, & Medical

representative

3) Doctors were unable to give the exact preferred product as there is a different

medicine for the different diseases and it varies patient to patient

4) it is difficult to give the exact reason of low of particular product because it is

simultaneously depends upon quality, price as well as on seasonal or atmospheric

conditions.

5) The market research area is limited to Nagpur District only.

LIST OF EQUIPMENTS FOR QUALITY CONTROL DEPARTMENT

58

S.No

Name of Equipments

Machine

Code

Qty. Make

1 UV-Visible Spectrophotometer

QCD/UV-VISIBLE/001

1Nos.

JASCO JAPAN

MODEL-V-630

2 HPLC QCD/HPLC/037 1Nos.

SHIMADZU LC-20AD

3 PH-METER QCD/PHM/002 1Nos.

SYSTRONICS

MODEL 335

4 KARL- FISCHER QCD/KF/004 1Nos.

VEEGO / MATIC-1

5 POLARIMETER QCD/PLM/005 1Nos.

MULTITECH

6 MELTING POINT QCD/MP/006 1Nos.

VEEGO

VMP -D

7 BULK-DENSITY QCD/BL/007 1Nos.

MULTITECH

8 FRIABILITY APP. QCD/FBT/008 1Nos.

VEEGO

9 DISINTRIGATION APP.

QCD/DTS/009 VEEGO

10 BALANCE QCD/WGB/010 1Nos.

METLER

11 HARDNESS TESTER

QCD/HAD/011 1Nos.

ADVANCE

12 CENTRIFUGE APP

QCD/CNT/012 1Nos.

MULTITECH

13 MAGNETIC STIRRER

QCD/ MGT /013 1Nos.

MULTITECH

59

14 UV CABINET QCD/UV/014 1Nos.

MULTITECH

15 STABILITY CHAMBER

QCD/STBA/015 1Nos.

MULTITECH

16 STABILITY CHAMBER

QCD/STBB/016 1Nos.

MULTITECH

17 DISSOLUTION APP.

QCD/DST/017 1Nos.

VEEGO VDA 6DR

18 OVEN QCD/OVN/017 1Nos.

MULTITECH

19 REFRECTOMETER

QCD/RF/018 1Nos.

MULTITECH

20 WATER BATH QCD/WB/019 1Nos.

MULTITECH

21 MUFELE FURNACE

QCD/MF/020 1Nos.

MULTITECH

22 HOT PLATE QCD/HOT/021 1Nos.

MULTITECH

23 HEATING MENTAL

QCD/HM/022 1Nos.

MULTITECH

60

MICROBIOLOGICAL SECTION

S.No

Name of Equipments

Machine

Code

Qty.

Make

24 Antibiotic Zone reader

QCD/AZR/023 1 MULTITECH

25 Auto clave QCD/AC/024 2 MULTITECH

26 Colony counter with magnifier

QCD/CCM/025 3 MULTITECH

27 B.O.D. Incubator QCD/BOD/026 4 MULTITECH

28 Laminar flow, bench type

QCD/LF/027 5 MULTITECH

29 Membrane filtration

QCD/BF/028 6 MULTITECH

30 Micro balance / Analytical balance

QCD/WGB2/029 7 MULTITECH

31 Micro scope QCD/MS/030 8 MULTITECH

32 Refrigerator QCD/RFG/031 9 MULTITECH

33

61

LIST OF EQUIPMENT FOR ORAL LIQUID SECTION

S.no. Name of machine Machine code

Qty Make Capacity

1 Digital weighting balance

WDB-01 01 Weight tech equipment New Delhi

150kg X10gms

2 S.S.tank with jaket stirrer

JK-01 01 Amar Engineering works, New Delhi

1500 ltr

3 S.S. TANK WITH Jaket JK-02 01 ,, 100 ltr

4 S.S. tank with stirrer SST-01 02 ,, 2000 ltr

5 S.S. tank L-05 02 ,, 1000ltr

6 S.S.tank L-06 02 ,, 500 ltr

7 S.S.tank L-03 01 ,, 294 ltr

8 S.S.tank L-02 01 ,, 300 ltr

9 S.S.tank L-01 01 ,, 100 ltr

10 Stirrer S.R-01 01 ,,

11 Filter Press FP-01 02 ,,

12 Colloidal mill CM-01 01 ,, 5 MP

13 Auto Rotary Bottle washing machine

MRW MM-96

01 National Pharma Machinery

Ahmedabad

100ML

5000 bottle/Hrs.

Turn Table 36” ,, 01 ,,

Auto six head volumetric

NAIF-150 01 ,,

Liquid Bottle filling machine

,, 01 ,,

Float Tank with stirrer ,, 01 ,, 150 ltr

62

Auto six head Ropp Cap sealing machine

NARCS-150

01 ,,

Online bottle inspection table six seated

,, 01 ,,

Two side system (3X2) ,, 01 ,,

Auto high speed labeling machine

NHL-150 01 ,,

Packing conveyor belt with PVC

,, 01 ,,

14. Liquid filling Machine manual 2 head

LM-01 01 National Pharma Machinery Ahmadabad

100 ml

1000bottle/hrs.

LIST OF EQUIPMENTS EXTERNAL PREPARATIONName of Equipments

Machine

Code

Qty. Make

1 Digital weighing balance

PHCO-01 1 Amar engineering works

New Delhi

2 S.S. Table PHCO-02 1 Amar engineering works

New Delhi

3 Vibro Sifter PHCO-03 1 Amar engineering works

New Delhi

63

4 Planetary Mixer PHCO-04 1 Amar engineering works

New Delhi

5 Emulsifier PHCO-05 1 Amar engineering works

New Delhi

6 Wax phase vessel


New Delhi

7 Water phase vessel


New Delhi

8 S.S Storage Tank


New Delhi

9 Vacuum Pump PHCO-09 1 Amar engineering works

New Delhi

10 Transfer Pump PHCO-10 1 Amar engineering works

New Delhi

11 Metering Pump PHCO-11 1 Amar engineering works

New Delhi

12 Plate Form PHCO-12 1 Local

13 Tube Filling/Sealing Machine

PHCO-13 1 Kovai

14 Packing Conveyer Belt

PHCO-14 1 Kovai

S.NO. Name of Equipments Machine Code Qty. Make Capacity

1. Generator set GSUD-001 1Nos. LEy Land 100 kw

64

2. Generator set GSUD-001A 1Nos. kirloskar 20 kw

3. R.O Water Plant With M.B & U.V RMUD-002 1Nos. Neomax 2000 ltr.

4. R.O Water Storage Tank RSUD-003 1Nos. S.S Tank 1500 ltr.

5. Air Compressor ACUD-004 1Nos. Elgi 44.1CFM

6.

Electric Power Transformer EPUD-005 1Nos. ……….. 250 KVA

EQUIPMENT OF CAPSULE SECTION

S.NO. Name of Equipments Machine Code Qty. Make

1. Cone Blender CA-001 1Nos. Amar

2. Semi automatic Filling Machine(SA 9)

{Double loader}

CA-002 1Nos. Cap Fill

3. Polishing Machine CA-003 1Nos. Pharma Chem

4. Sifter CA-004 1Nos. Vijay

65

6. DATA ANALYSIS AND INTERPRETATION

66

Data Analysis & Data Interpretation:

After studying Marketing strategy of PANTHER HEALTH CARE PVT. LTD survey was

conducted, in the first phase of survey the total number of doctors and their category was

determined. the finding of surveys is as follows.

Where; G.P - General Practitioner - GYNC– Gynaecologist

PAED - Paediatrics - CARDO - Cardiologist -

67

GP PAED CARDO GYNC OTHER

50% 20% 10% 15% 5%

Analysis:

From the above graph it shows that the G.P. Doctors having major

involvement in the categorisation of the doctors. The survey was limited to sample

size 100 doctors only.

Determining the potentiality of the doctors

In the second phases, Doctor’s potentiality was determined considering the

following factors:-

No. of prescription generated by the Doctors/Day

Chart -2

68

GP PAED CARDO GYNC OTHER40% 20% 10% 25% 5%

Analysis:

In the prescription generation by Dr’s per day, the G.P. generated more

prescriptions per day as he treats all types of patients than the other specialist

person.

Chart-3

In this part of survey, how the Doctors get introduced to the product

was determined.

The following survey is expressed in the below graph.

Source of introduction

MR Drug index Book

ADV Other source

%(perc.) 75% 10% 10% 5%

69

Analysis:

In this graph, it is observed that the majority of the Doctor come to

know about the product from the MR.

Chart-4

Here the Doctors method of prescription generation was surveyed,

where survey was conducted to find out whether Doctors prescribe medicines

by Brand Name, Generic Name, or by contents. The findings of the survey are

expressed in the above graph.

Brand Name Generic Name Contents 90% 3% 7%

70

Analysis

In this graph it is cleared that majority of doctors prescribed the product by Brand Name.

Chemist Survey

Introduction of products to Chemist:

Chart-l

Chemist survey was conducted to determine the influence of the chemist buying behavior of

the product and the influence of the company's strategy on the chemist buying behavior. In

this survey, how chemist gets aware of the medicinal product was determined. The finding of

the survey is expressed in the above pie-chart.

71

Analysis:

From the pie chart it is clear that most of the Chemist get aware of the product through

Medical Representative appointed by the company.

Preference of chemist to the productChart-2

Here the chemist’s preferences to the product is determined. The finding of survey

determined as above.

72

Analysis: From the Pie-chart it is clear that, chemist like to keep product, which is

prescribed by the Doctors.

7.

RECOMMENDATION

OF

THE STUDY

73

Recommendation of the study

RECOMMENDATIONS

Considering every aspect of marketing following suggestions are put forward:

Apart from providing literature and magazines and gift to the doctor, a meeting of the

doctor with the company's management personnel's & should organized Conference

or special meeting with particular doctors where modem and new technique of the

drug, mode of action of the drug, therapeutic use of the drug, dose of the drug, and

side effect of the drug can be explained.

Optimizing the condition of medical check up and health check up champ should be

organized by the company to promote there medicines through the doctor. This is the

best way to promote a company's medicines and build good relation with the doctors.

Also arranging the Blood Sugar camp and other to introduced the chronic segment

product in the consultants chamber.

In literature and pamphlets use of drugs, dose, contents and contraindication should

mention these are distributed to the doctor as well as the chemist. Free treatment and

information should be provided when new drug launch in to the market it is use for

availability of the product in market as well as to extend the sale of the product.

Company may arrange the industrial tour for some special doctors to show the

company & also the manufacturing units to make up companies image in the doctors

mind if there any confusion regarding product quality.

Some time chemist complained regarding expired medicine, medical representative

must ask to chemist in every visit about expiry & near expiry product and company

also make some arrangement for the same. Regular follow up to the Doctor from

Medical Representative is very necessary to extends and maintain the sales of the

medicines continuously.

When company launch a new drug then company must provided a reference book to

the Doctor is necessary. Sampling of the product should be specific and proper way to

the doctor is necessary.

74

8.

CONCLUSION

75

Conclusion.

After the detail analysis of primary and secondary data following conclusions are

drawn:-

PANTHER HEALTH CARE PVT. LTD categories the doctor based on

prescription generation per day.

In pharma market there is stiff competition still PANTHER HEALTH CARE

PVT. LTD doing well in that competition on the basis of Price and field force.

The major source of introducing medicines to the Doctor,Medical

Representatives.

The majority of Doctors prescribed medicines by Brand Name not a Generic

or content name.

The major parameter that are consider before prescribing medicines by the

Doctors,that are

Company Reputation

Contents of Product

Quality of Product

Price of Product

Chemist will prefer to keep those medicines that prescribed by Doctor.Also

keep those medicines that have scheme or benefits.

PANTHER HEALTH CARE PVT. LTD have an opportunity to make the

presence inthe consultant's chamber by introducing new innovative Products

with economy .

PANTHER HEALTH CARE has major drawback is that they don't having

there self R&D and also manufacturing plant. PANTHER HEALTH CARE

take action on this matter by introducing the R&D dept along with their

76

manufacturing units.

PANTHER HEALTH CARE provides the world class ALU-ALU packing that

kept the medicine very safe and having no effect on the medicines by the

external atmosphere.

77

9.

BIBLIOGRAPHY

78

BIBLIOGRAPHY

Books Author Publication

1) Marketing V.S.Ramaswami Prentice Hall

Management Of India

2) Marketing Philips

Management Kotler

3) Research New Age

Methodology C.R.Kothari InternationalPublications.

4. NAME & ADDRESS OF THE SITE

(A) SITE ADDRESS : PANTHER HEALTH CARE PVT.LTD.

PLOT No:-318, MADHO PUR ROAD

SALIYAR-DEHRADOON ROAD

ROORKEE,

DIST- HARIDWAR

79

UTTRAKHAND

Email: [email protected] m

Phone No. 01332-26010

(B) OFFICE ADDRESS : PANTHER HEALTH CARE PVT.LTD.

Plot No.-318,Madhopur Road,Saliyar

Dehradun Road,Roorkee-247667(UK)

(C) CONTACT PERSON : (1) Mr. Mohd. Aman khan (MD)

Mob. No : 8791111450

(2) Mr. Sanjeev Jain

Mob. No : 09267001122

5. TYPES OF PRODUCTS MANUFACTURED

A. SOLID DOSAGE FORMS

1 TABLETS :- Coated & Uncoated .2 CAPSULES :- Hard Gelatin

B. EXTERNAL PREPARATION:- Ointment ,Lotion/Emulsion, Tooth paste.

C. ORAL LIQUID DOSAGE FORMS : Syrups and Suspensions.

6. DESCRIPTION OF SITE 6.1. Site plant attached.

6.2. The site is about 90,000 Sq.fts surrounded by well constructed brick wall at industries and hence considered as very suitable for the pharmaceutical operations.

80

mailto:[email protected]

6.3 The constructed area is 21,000 sq.fts and rest open areas are for plantation, lawn & general activities.

6.3. Surrounding sites are green fields and pharmaceutical manufacturing units.

81

10.

ANNEXURE

82

Dear Respondent.

I am Manu Jain the researcher of this project studying in BBA III year DAIMSR Nagpur. For

fulfillment of my Degree of Bachelor Business Administration I have take "Niche

Marketing Policies Adopted By PANTHER HEALTH CARE PVT. LTD Specially in

Nagpur Region".

Specialization in Marketing Particular study in "Nagpur Region". As you are the people of

Medical Fraternity, you are more knowledgeable than common people in this field, for that I

need very seconds along with your valuable opinion on the above Questionnaire. (Tick

appropriate option of your choice Or please write in other specifically on your mark) I

promise your information remain confidential and use only for my project purpose.

Thanking you

Yours Faithfully

Mr. MANU JAIN

Researcher

83

Questionnaire

Questioner involve in to two categories

1) Question for doctor

2) Questionnaire for chemist

Questionnaire for doctor

Dr. Name:-

Dr. Address:-

Ph No.:-

1) How do you come to know medicines of pharmaceutical company?

Through MR

Through Advertisement

Through index book

Other source

2) How do you remember the brand names of medicines, as then are so many players in

market?

Conference participation of companies

Due to visual folder

Gifts given by MR

Literature send by companies

Continuous Fallow up

AnyOther

3) How do you prescribed medicines?

By brand name

By generic Name

By contents

84

4) What do you do when chemist substitute your prescribed medicines?

Not accept at any conditions

Accept if Rx product not available

Accept some time

Accept always

5) Which brands are easy to recall?

Brand representing molecule

Brand easy to pronounce and reminder

Brand representing companies name

Brand unique and different from companies name

6) What impact does visual folder play in Brand reminding?

Very Important

Important

Average

Not much

What are the parameters you consider III medicines before prescribing?

Company's reputations

Relation with MR

Quality of products

Availability of the products

Questionnaire for Chemist

85

Chemist Name :-

Chemist Address :-

Ph No :-

1) How do you come to know about medicines?

From Doctors prescription

From MR

Other source

From Distributor

2) Does Dr's prescribed any particular companies medicines or various companies?

Same companies medicines

Different companies medicine

3) Which product do you prefer to keep in you shop?

Product with high margin

Product with scheme

Product which Dr's. prescribed.

86

Panther Health Care Project

Documents