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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 growth

    Weaknesses:
    -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 countries

    Threats:
    -increasing competition
    -patent expirations approaching