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Mankind
Mankind
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: