Above: first photo is of Mr. Dilip Shangvi, MD of Sun Pharmaceutical Industries Ltd., Mumbai and below that is the image of Strides Arcolab brand logo
Nothing succeeds like making a lot of money!
The talk of pharma town are the two financial genius firms: Sun Pharmaceuticals and Strides Arcolabs group - while the former is always making headlines with its bold moves of acquisition and expanding its global footprint, the latter - Strides - is now in the news for its fast unique business model where the Strides group strengthens businesses and sells parts of the business for a fancy sum to retire its debts, and reinvest in other parts of its businesses to further strengthen them.
The flavour of the season is Sun and Strides! Both make news with their big
bang financial moves. While Sun buys up companies with a hefty appetite,
Strides makes rapid expansion moves; on 1.3.2013 Strides made a huge bang
through it's big ticket sale of Agila (a Strides group company) for Rs. 10,000/-
crores to Mylan (a US generic company), the monies earned by Strides through
this sale, will be used by the group for paying shareholders, retiring debts and investing in other
businesses for improving their operations.
Both company are an interesting study of contrasts and similarities (my perceptions are part of the following analysis):
Such is the stuff of legendary successes! Kudos to Sun and Strides - their successes are a feather in the cap for the Indian pharma and healthcare industry. Please scroll down and read all other posts, kindly recommend this blog.
Both company are an interesting study of contrasts and similarities (my perceptions are part of the following analysis):
|
Sl.No.
|
Sun
Pharma
|
Strides
|
|
1
|
Growth through
domestic to international
|
Growth from
international to domestic
|
|
2
|
Inorganic and
organic growth
|
Inorganic and
organic growth
|
|
3
|
Growth through
branded formulation marketing and generic marketing
|
Growth through
contract manufacturing and then through own formulations
marketing
|
|
4
|
Driven by
passion and zeal of one person: a one man army: Mr. Dilip
Shangvi
|
Driven by
passion and zeal of Mr. Arun Kumar and team of
professionals
|
|
5
|
Profit driven
growth - silently pursueing knowledge oriented growth
|
Profit oriented
growth, openly knowledge oriented
|
|
6
|
Niche market
growth
|
Mass market
growth
|
|
7
|
Customer
relationship before brand equity
|
Corporate brand
equity equally important (goes along with customer
relationship)
|
|
8
|
Aggressive
global professionalism
|
Aggressive
global professionalism
|
|
9
|
Calculatedly low
profile
|
As a matter fact
image projection
|
Such is the stuff of legendary successes! Kudos to Sun and Strides - their successes are a feather in the cap for the Indian pharma and healthcare industry. Please scroll down and read all other posts, kindly recommend this blog.
