Page 61 - Case Lab Case Analysis
P. 61
There is not enough time to canvas executives below board level and even if you
could have it is questionable, given the severity of the situation, whether this would
have been undertaken.
The fifth action is within the remit of Blackthorn.
The last two actions are also within the purview of Blackthorn and it is he who will
call the shots.
Phissons plc.
Phissons is a large multinational agro-chemical company operating in over 100
countries. It was founded in the 1920s and had over the years diversified
extensively.
In mid 2016 it was six weeks from the launch of its major discovery of the last
decade a revolutionary asthma drug targeted primarily at the very young child
sufferer - Proxydychromil, when alarming news was conveyed to Blackthorn.
PROXYDYCHROMIL
Proxydychromil had been in development for over nine years and had cost in excess
of £250m to bring it to the market. It had passed all clinical trials in Europe and the
USA and was poised to be the company’s premier product.
Its value lay in that it not only alleviated the symptoms of asthma but it also helped
develop prolonged resistance to recurring episodes.