Celator Pharmaceuticals: Mission Statement Analysis
Affordable access to drugs is essential for helping the developing world. As somebody with a strong interest in developing African communities, I am naturally interested in pharmaceutical manufacturing companies that are creating new ways to treat diseases throughout the world as well as in Africa. For these reasons, I have chosen to analyze the mission statement of Celator Pharmaceuticals Incorporated.
Celator is a company that is designing drugs and other biomedical therapies for a variety of cancers and related illnesses, and especially leukemia. Their mission statement is as follows: “Our mission is to improve and extend the lives of patients with cancer by discovering and developing novel products based on our cutting edge technologies”. This is a short and direct mission statement, but it captures nicely their main objective of creating drugs for saving lives of those with cancer.
Celator’s webpage (www.celatorpharma.com) …show more content…
However, the mission statement does not explain some of the explain some of the important aspects of their business that distinguish it from other pharmaceutical companies. They are not simply developing new drugs, but are instead combining drugs together in new ways to become more effective cancer treatments. The mission statement should explain this detail, since this is important information that could help investors better understand what makes Celator special when comparing to other similar drug companies. While it is maybe convenient to have such a short mission statement, the fact that it doesn’t fully capture the entire idea of what the company is doing in terms of combination therapies, means that it is not as effective as it could be if the statement included this more specific
Affordable access to drugs is essential for helping the developing world. As somebody with a strong interest in developing African communities, I am naturally interested in pharmaceutical manufacturing companies that are creating new ways to treat diseases throughout the world as well as in Africa. For these reasons, I have chosen to analyze the mission statement of Celator Pharmaceuticals Incorporated.
Celator is a company that is designing drugs and other biomedical therapies for a variety of cancers and related illnesses, and especially leukemia. Their mission statement is as follows: “Our mission is to improve and extend the lives of patients with cancer by discovering and developing novel products based on our cutting edge technologies”. This is a short and direct mission statement, but it captures nicely their main objective of creating drugs for saving lives of those with cancer.
Celator’s webpage (www.celatorpharma.com) …show more content…
However, the mission statement does not explain some of the explain some of the important aspects of their business that distinguish it from other pharmaceutical companies. They are not simply developing new drugs, but are instead combining drugs together in new ways to become more effective cancer treatments. The mission statement should explain this detail, since this is important information that could help investors better understand what makes Celator special when comparing to other similar drug companies. While it is maybe convenient to have such a short mission statement, the fact that it doesn’t fully capture the entire idea of what the company is doing in terms of combination therapies, means that it is not as effective as it could be if the statement included this more specific