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Humira's wide range of indications has earned it the nickname "Swiss army knife" of pharmaceuticals. The success of Humira can be attributed not only to its therapeutic benefits but also to its patent and pricing practices. Over the past two decades, AbbVie has increased the drug's price 30 times.
NFT uses blockchain technology to establish the uniqueness and ownership of a piece of digital art, purchased via the platform. Each sale is recorded on the blockchain and is inalterable.
The role and importance of IP management within cultural institutions such as museums, libraries, and archives.
Effective pricing strategies can drive profitability, foster customer loyalty, and encourage ongoing product innovation. Value-based pricing, bundling strategies, subscription models, dynamic pricing, and continuous testing and iteration are all effective pricing approaches
Businesses that grow in size in terms of sales, costs, and profits are subject to scaling rules. However, when businesses expand, they frequently tend to concentrate on short-term objectives and become less varied, which lowers their likelihood of long-term survival.
The newly announced National Medical Devices Policy, 2023, intends to expand India's footprint in the global medical device industry from 1.5% to 10-12% over the next 25 years, resulting in increased sector growth from $11 billion to $50 billion.
