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The Success Story Behind Morton Grove Pharmaceuticals

Paul Mampilly Explains Amazon's Interest In Healthcare Stocks
Paul Mampilly Explains Amazon's Interest In Healthcare Stocks

Over the last few years, a considerable number of pharmaceutical and biotechnology companies have significantly expanded. Most of the companies have coincided with an increase in demand for over the counter drugs that have gained popularity in the United States and other parts of the world. The increased cost of healthcare in private medical facilities and lack of professional care and innovative medical equipment has pushed people to over the counter drugs to cure various diseases.

One of the major companies that have achieved success in the last few years is Morton Grove Pharmaceuticals. This is one of the leading pharmaceutical and biotechnology company in the world. For many years, the company has positioned itself as one of the leading pharmaceutical entities when it comes to the production of liquid drugs and inhaling drugs in the United States. This is a strategic approach that has played a key role in the growth and expansion of the company. A considerable number of people have been choosing liquid and inhaling drugs instead of the common tablets that have dominated the industry for many years.

1. Multi-Ethnic Workforce

One of the major factors behind the success of Morton Grove Pharmaceuticals has been its large and multi-ethnic workforce that spans from more than twenty-seven nationalities. This has created a feeling of a global village with hundreds of employees from different parts of the world working in the company.

A large workforce with diverse cultural background and different perspective has brought about significant innovation in the company. With different people from the world working in a single company, it is easy to know the motivating factor behind the members of a particular country. It has also been easier to market the pharmaceutical products produced by the company due to its ethnic representation.

2. Manufacturing Facilities

Morton Grove Pharmaceuticals has eleven manufacturing facilities in the United States, India, and various countries in Europe. This has made the company one of the largest producers of liquid drugs in the world due to its large production capacity. Being strategically positioned in India, one of the most populated countries in the world has helped the company to have a considerable market share in the country.

3. Research and Design Facilities

Besides the large and complex manufacturing facilities in the United States, Europe, and India, Morton Grove Pharmaceuticals has state of the art research and design facilities in India, United Kingdom, and the United States. In these facilities, cutting edge technology is currently in use trying to come up with liquid drugs that will be used in curing some of the most complex diseases that are affecting millions of people in the world today.

4. Excellent Leadership

Besides the large manufacturing facilities, cutting edge research and design facilities, Morton Grove Pharmaceuticals can significantly attribute its success to the group of excellent leaders who have significant demonstrated knowledge, skills, innovation, and experience in driving the company forward. Having an organized leadership system and a reliable organizational structure has enabled the company to make good decisions regarding expansion, production, compliant, and meeting the needs of the customers in various parts of the world.