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jr377 replied to the topic Medical Device SWOT Analysis in the forum Marketing and Sales 6 years, 11 months ago
I chose to do an analysis of Merck
Strengths:
-Huge product portfolio
-Brand Name trust
-international presence
-large size company
-public faith because of not increasing drug prices and donating drugs to poor countries
-continuous growthWeaknesses:
-counterfeiting of products hurt the brand trust
-product safety controversies (ex. Vioxx)
-environmental regulation controversies (violating clean air/water acts)Opportunities:
-strong innovation
-open in emerging economies/developing countriesThreats:
-increasing competition
-patent expirations approaching