Dr. Reddy's Lab - New Product Promotion
Dr. Reddy's Lab - New Product Promotion
Dr. Reddy's Lab - New Product Promotion
On
FOR
NEW DELHI
Submitted By:
I would like to express my deep sense of gratitude to Miss Mona Singh (ASM, Dr.
Reddy’s Lab.Div. Ventura, New Delhi) who offered me this opportunity to do Summer Training
in such a prestigious company.
I would also like to express my heartfelt thanks to Dr. P.L. Maggu (Executive Director,
G.S.B.A. Greater Noida) and T.N. Srivastava (Head of Training & Placement Department) for
their continued and inspiring guidance.
Appreciation also goes to Mr. Ram Kishore (Professional Service Representative) who
directly or indirectly helped me for the completion of this project.
The topic of the study was decided by DR. REDDY’S LAB. LTD., DELHI. The
study was conducted in the market with the help of Chemists and Doctors through
questionnaire.
The study was confined to potential market of Delhi City. All efforts were made to
conduct this study, as study was intended to help management in decision making. All the
information & finding are presented in a simplified manner.
This project is completed by watching Doctors prescriptions and Interacting with chemists. Data collected
through this helped me to know the availability and potential of DR.REDDY’S product in the market.
During interaction with the chemists, I got an opportunity to observe that how the new product is
promoted And old products are retained and what strategies need to be adopted so that product can show
excellent performance in the market.
Since I was focused on Pediatrics Dept., so I took the following factors which may be helpful in
increasing the sales of DRL, these are:-
PROJECT
ACKNOWEDGEMENT
PREFACE
QUESSTIONNAIRES.
BIBLIOGRAPHY.
As a fully integrated pharmaceutical company, our purpose is to provide affordable and innovative
medicines through our three core businesses:
• Pharmaceutical Services and Active Ingredients, comprising our Active Pharmaceuticals and
Custom Pharmaceuticals businesses;
• Global Generics, which includes branded and unbranded generics; and
• Proprietary Products, which includes New Chemical Entities (NCEs), Differentiated Formulations,
and Generic Biopharmaceuticals.
Dr. Reddy's aim is to help people lead healthier lives through two parallel objectives:-
(1). Delivering affordable and accessible medication to all parts of the world;
(2). Discovering, developing and commercializing innovative medicines that satisfy unmet medical needs.
HEAD OFFICE --
Dr.Reddy’s Laboratories.Ltd.
7- 1 - 27 Ameerpet,
"Everyone has a purpose in life and a unique talent to give to others. And
when we blend this unique talent with service to others, we experience the
- Dr. Anji Reddy ecstasy and exultation of own spirit, which is the ultimate goal of all goals."
Our discovery centric philosophy, along with our internationally ratified facilities, enables us manufacture
a range of products that are known for their quality and efficacy.
Active Pharmaceutical Ingredients (API): Dr. Reddy's Laboratories product list span 24 major
chemistries including stereo-selective synthesis, cryogenics, hydrogenations and cyanations. It has filed
84 US DMFs, the highest in India and second highest in the world.
Custom Pharmaceutical Services: Dr. Reddy's executes cost-effective and time-bound projects for its
customers, and provides them cGMP-compliant products manufactured in FDA-inspected, ISO-certified
facilities.
Generic Dosages: Dr. Reddy's Lab is a leading generic drugs manufacturer. It is the fourth largest player
in Germany after the acquisition of betapharm. The company has expertise in customer-specific
packaging, compliance packaging, anti-counterfeit packaging, and has won several awards globally for its
packaging efforts, including the Asia Star, AmeriStar and WordStar awards.
Branded Dosages: Dr. Reddy's brands such as Omez (Omeprazole), Nise (Nimesulide), Stamlo
(Amlodipine), Ciprolet (Ciprofloxacin), Enam (Enalapril) and Ketorol (Ketorolac) are leaders in their
category in several countries.
Discovery Research: Dr. Reddy's is actively involved in drug-discovery and clinical development
programs.
KEY PRODUCTS-
Top-15 active pharmaceutical ingredients
• Ciprofloxacin Hydrochloride
• Ramipril
• Terbinafine HCI
• Omez
• Nise
• Stalmo
• Stalmo Beta
• Enam
• Atocor
• Razo
• Reclimet
• Clamp
• Mintop
Marketing in Pharmaceutical industry is totally different from other industries like FMCG.
Industrial goods etc. because of following reasons :-
• The pharmaceutical product does not reach directly as the patients consume only
those brands which are being prescribed by the doctor so as we know companies
can’t sell directly to patients i.e the end users of the products is away from
companies. So there can’t be concept of direct seeking in the pharma market. So it is
doctor who is the customer for companies.
• Pharma marketing is also different as the product is technical in nature as compared
to any consumer product. The product has to undergo various clinical trails, medical
test, before it is introduced in the market.
• Personal Selling
• Symposium
• Sample Gifts
• Promotional Literature
• Conferences
• Direct Mailing
Diarrhoea
Every year approximately 1.7 million children die as a result of diarrhea and dehydration. In the majority
of cases, this is preventable through exclusive breastfeeding, improved hygiene and sanitation and access
to clean water, yet diarrhea is still one of the leading causes of death among children under five.
In May 2004, WHO/UNICEF issued a joint statement recommending the use of zinc, an essential
micronutrient for human growth, development and maintenance of the immune system, and a new
formulation oral rehydration solution (ORS), with reduced levels of glucose and salt, as a two-pronged
approach to improved case management of acute diarrhea in children.
Dispersible zinc tablets, which dissolve easily in a tablespoon of clean water or breast milk, can be used
for zinc supplementation for children aged one to 59 months
2 acrodermatitis enteropathica.
4 Behavioral problems,
5 Impaired memory,
Dr Reddy’s has launched “Z&D”- a Zinc Sulphate formulation indicated as Adjuvant therapy along with
ORS in the management of Acute and persistent Diarrhea. Available in 10 & 20 mg Dispersible orange
flavoured Tablets as well as in 10mg/ml & 20mg/ml Dry Syrup for pediatric use, this product is intended
to supplement the ORS (Oral Rehydration Salt) market.
Dr. Reddy’s is pioneer of low osmolarity ORS in India as per WHO /UNICEF guidelines. In diarrhea
management Dr Reddy’s has a complete basket of Brands Like Rebalanz, Redotil, Lactiflora and
Econorm. Dr Reddy’s launch of this Zinc Formulation will complement its existing product portfolio and
will also support a social initiative under its program - “Drive against Diarrhea”.
Z & D has been launched nationwide. The launch of the product will commence with a series of activities
across the country in form of CMEs (Continuing Medical Education), Patient Education Programs,
Awareness Camps and Social Mobilization Events like ORS Marathons.
WEAKNESS
(1) Potential to replace other zinc therapy brands from the market.
(2) Can capture a great market in rural areas which are very prone to diarrhea infection simply by
reducing prices and better advertisement.
(3) Can extend its arms in other developing countries like Bangladesh, Turkish etc where
Diarrhoea infection is large.
THREATS
(1) Other low priced brand can capture great market share.
(2) Within India, Z&D’s largest rivals are—
ZINCONIA
ZINSY
ZEMIN
ANALYSIS
G.S.B.A, Greater Noida Page 16
The Summer Training completed in two phases -
1ST PHASE:-
Objective: - To know the availability of DRL’s product in the specified areas so that on that information
management can maintain a smooth flow of products in the same.
PRODUCTS
COMPETITORS OF Z&D-
BRAND
NAME MANUFACTURERS
ZINCONI
A ZUVENTUS
ZINCOVIT APEX LAB.LTD.
ZINSY PHARMED MEDICARE PVT.LTD
RICONIA RANBAXY
Objective: - To collect the data regarding prescriptions for Diarrhoea with a main focus on Z&D and
its competitors.
I was in regular touch with the paediatrics doctors recommending. Zinc Therapy in the form of Syp.
Zinconia and other brands.
After telling Z&D and its features to them, I found drastic change in prescriptions.Most of doctors was
prescribing Z&D.
Ragarding data collection, were given information sheets from DRL’S side. I collected data from 8
doctors-
Z&D
25%
ZEMIN
38%
in
ZINSY
42%
Total No. of prescription for other zinc therapies (before doctor visits) – 220
Total No. of prescription for other zinc therapies (after doctor visits) - 160
Results: -
Most of the doctors preferred Z&D as Zinc Therapy against diarrhea. Chacha Nehru Bal
Chikitsalaya,Delhi
2:- Advertisement.
Q. How much stock do you have from the latest introduction of DR.REDDY’S LAB.LTD?
Q. Doctors preferring the other brands of eg Doxobid against respirstory disease are-
DRL is taking very most care to satisfy the above factor however but a little extra care & also monitors
the feedback provided by its marketing executives then the results will boost up.
Before launching a new product company should provide information to the chemists by
arranging get together & Seminars.
Company should keep in mind about cost factor
Quality of the products should be maintained.
Company should give more profit to the chemists
The company should work more on replacement schemes.
replacement of expired medicines.
BIBLIOGRAPHY
ECONOMIC TIMES
TIMES OF INDIA
BUSINESS TODAY
(B) MAGZINES:-
BUSINESS INDIA
BUSINESS WORLD
INDIA TODAY
(C) BOOKS:-