Essay example --

1.Problem StatementPharmaceutical companies are facing many challenges, amongst which the nigh important ones are the freeze on drug prices, cost inflation, humbug and counterfeit medicines, and IPR violations of patented products. In Pakistan, the World Health Organization estimates that as much as 30 to 40 percent of medication on the market may be counterfeited. Pakistanis spend 77 percent of their dwelling house health budgets on medications, which puts at high risk the quality of health care being received.The organic chemical industry in Pakistan faces many challenges, which includes insert availability and price, scale, power, and infrastructure are one of the main problems. The inherent alternating(prenominal) trends observed in the industry exaggerate these challenges. Depending on the supply and demand-side linkages, the abrasiveness of challenges differs across squares.Pakistani pharmaceutical industry is one of the major industries and it has 70% of share to fulfil l the demand of finished pharmaceutical products. These both industries too contribute in economic growth and development. This study is a approach in nature and it will also be a milestone for future research on this topic.The aim of this study is to investigate the expertness and the determinants of efficiency of pharmaceutical and chemical firms in Pakistan. The efficiency of each firm will be evaluated victimisation data envelopment analysis (DEA) approach.Objectives of pick outFollowing are key research questions that are needed to be explored/discussedTo find the economic efficiency of Pharmaceutical and Chemical firms in Pakistan using non-parametric techniques.Conduct Tobit regression analysis for augmenting the analysis.To make recommendations on the basis of verifiable... ... with which pre- and post-merger activities beget been conducted in banks that were studied by DEA.Since DEA in its present form was premiere introduced in 1978, researchers in a number of fi elds have cursorily recognized that it is an excellent and easily used methodology for modeling functional processes for performance evaluations. This has been accompanied by other developments. For instance, Zhu (2002) provides a number of DEA spreadsheet models that keep be used in performance evaluation and benchmarking. DEAs empirical orientation and the absence of a need for the numerous a priori assumptions that pursue other approaches (such as standard forms of statistical regression analysis) have resulted in its use in a number of studies involving efficient frontier mind in the governmental and nonprofit sector, in the regulated sector, and in the secret sector.