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Essay / Research Paper Abstract
This 4 page paper looks at the influence of external trends and forces on the pharmaceutical company; in particular their impact on Pfizer. The influences considered are the increasing life expectancy level within the US, the trend of acquisition and merger within the pharmaceutical industry and the condition of the US economy. Each trend or force is identified and the impact on Pfizer discussed. The bibliography cites 3 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEpharmmacro.rtf
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Unformatted sample text from the term paper:
biotechnology industries there are a number of external forces and trends which can be discussed. Life expectancy There is a current trend of increasing life expectancy. The average
life expectancy in the United States in 1900 was 47.3 years, divided down by gender it was 46.3 years for a male and 48.3% for a female, there were also
ethnic differences with the white population having a higher significantly higher life expectancy than the black population, an overall average of 47.6 years for males and females compared to 33
years for the black population. Over the last century this has been increasing and the disparity has been lessening (Arias, 2006). There ahs been a general upwards trend, although
the Second World War caused some glitches, by 1970 the total average life expectancy in the US was 70.8 years, in 1980 it was 73.7 years, in 1990 it was
75.4 years and in 2000 it was 77 years rising to 77.4 by 2003. The ethnic gap is decreasing and the gender gap is seeing the life expectancy or women
increase at a slightly higher rate (Arias, 2006). This has a large potential impact on a company such as Pfizer. The greater life expectancy increases the potential markets for
treatments associated with the process of aging, from arthritis to heart condition. This means not only is the market larger overall, there is an increased need for treatments for conditions
associated with aging. The pattern of aging has also seen increase health and a longer working life, as well as a better lifestyle, leading to increased disposable income which
means healthcare can be funded, either directly by paying for treatments, or through the healthcare insurance or managed healthcare plans, which increase access to the treatment. Therefore the impact is
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