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SPIMACO's strategy was
based on developing business relationship with most of the existing players
in the pharmaceutical market. This was aimed at capitalizing on their
strengths, and specialization. At the same time this gave SPIMACO the
chance to focus on developing its own strengths in Manufacturing, Registration,
Sales and Marketing. These comprehensive advantages with the strong image
in the minds of the medical practitioners provide existing and new partners
with distinctive advantages; they cannot access individually or through
other parties. SPIMACO employed various alliance and cooperation models
as discussed below.
Manufacturing and Institutions Marketing Deals:
Most of SPIMACO earlier deals were structured so that SPIMACO manufactures
products for multinationals for all market segments. SPIMACO would take
the role of sales and marketing (together with the licensors) at the MOH
and other government institutions. Private market products would be manufactured
by SPIMACO and sold to the licensor's distributors, while the licensor's
local Scientific Office handles the marketing activities. The successful
results of this model attracted more multinationals to new agreements
with SPIMACO.
Co-Marketing:
SPIMACO's outstanding success in the private market attracted some multinationals
to grant SPIMACO, the marketing rights to develop second brands for their
leading innovative brands. SPIMACO launched LORINE, licensed from Schering
Plough as a second brand to Schering Plough's leading non-sedating anti-allergic
Claritin. GSK licensed SPIMACO KLAVOX a second brand for Augmentin, the
leading product in Saudi Arabia.

Full Marketing Rights:
Vifor International has granted SPIMACO full marketing rights for its
iron product (Ferrum). The product is branded FEROSE & FEROSAC I.V.
and was launched in 1997 becoming successfully the No. 1 leading product
of the plain iron preparations only five months after launch.
Distribution:
SPIMACO has its own distribution network under its subsidiary ARAC. ARAC
is well equipped with expertise and an effective transportation system
to meet on time demand of pharmacies in the private market. ARAC caters
the requirement of even remote areas very effectively.
SPIMACO Products :
SPIMACO manufactures & markets more than 150 products in various markets.
SPIMACO portfolio is widespread and balanced. SPIMACO strategy is to continue
providing its Saudi and Regional customers with high quality products.
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