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Mankind Pharma is a pharmaceutical company in India that manufactures and

markets a wide range of generic and branded drugs. Some of its competitors
include:

 Cipla
 Dr. Reddy's Laboratories
 Sun Pharmaceutical Industries
 Aurobindo Pharma
 Glenmark Pharmaceuticals
 Torrent Pharmaceuticals
 Cadila Healthcare
 Zydus Lifesciences
 Lupin
 Alembic Pharmaceuticals

The pharmaceutical industry is an oligopoly, which means that there are a few large
companies that dominate the market. These companies have a lot of power and can
influence the prices of drugs. However, there are also a number of smaller
companies in the industry, which helps to keep prices in check.

The type of market that Mankind Pharma operates in depends on the specific
product. For some products, the market may be monopolistic competition, where
there are a few large companies and a number of smaller companies. For other
products, the market may be an oligopoly.

The type of market also affects the pricing of products. In a monopolistic competition,
companies can charge a premium price for their products, as there are no close
substitutes. However, in an oligopoly, companies are more likely to compete on
price, as they are aware of each other's pricing strategies.

Ultimately, the type of market that Mankind Pharma operates in depends on the
specific product and the competitive landscape.
The price and quantity demanded/sold of Mankind Pharma products can be affected
by a number of factors, including:

 The price of substitutes: If the price of substitutes for Mankind Pharma


products decreases, the demand for Mankind Pharma products will decrease.
For example, if the price of generic drugs decreases, the demand for branded
drugs from Mankind Pharma will decrease.
 The income of consumers: If the income of consumers increases, the demand
for Mankind Pharma products will increase. This is because consumers will
have more money to spend on healthcare products.
 The price of complements: If the price of complements for Mankind Pharma
products increases, the demand for Mankind Pharma products will decrease.
For example, if the price of needles increases, the demand for Mankind
Pharma's insulin products will decrease.
 The expectations of consumers: If consumers expect the price of Mankind
Pharma products to increase in the future, they may demand more of the
products now. This is known as the "buy now" effect.
 Government regulations: Government regulations can affect the price and
quantity demanded/sold of Mankind Pharma products. For example, if the
government imposes price controls on drugs, the price of Mankind Pharma
products will be lower.
 Marketing and advertising: Marketing and advertising can affect the demand
for Mankind Pharma products. If Mankind Pharma increases its marketing and
advertising efforts, the demand for its products may increase.
 Changes in consumer tastes: If consumers' tastes change in favor of Mankind
Pharma products, the demand for these products will increase. For example,
if consumers become more concerned about their health, the demand for
Mankind Pharma's over-the-counter (OTC) drugs may increase.

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