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Tuesday, August 25, 2020
Community needs analysis Coursework Example | Topics and Well Written Essays - 250 words
Network needs examination - Coursework Example The requirements investigation interfaces the terminal and instrumental qualities with the network needs, through powerful venture work and joint effort with the neighborhood good cause. Family security, wellbeing and energizing life are instrumental for people with learning inabilities. The undertaking group and noble cause will work together to recognize the quantity of people with incapacities who have unexpected weakness, energizing life and family support. These people will at that point be upheld to improve comfort, and successful data sharing. People with learning inabilities should likewise have noteworthy qualities, for example, desire, duty and insight. The quantity of people who want to be a piece of the task will be distinguished. The distinguishing proof will be done through standard reviews that include neighborhood specialists, strict pioneers, and assessment pioneers (Bekas 196). People encountering learning incapacities must be invigorated mentally. This is through improving the data sharing procedures inside the network (Wright, Foran and Wood 139). They ought to likewise exhibit obligation through being prompt for learning program, and furthermore outlines aspiration by an incredible want defeating incapacity challenges (Sanchez 343). The principle reason for the necessities evaluation is to decide the quantity of debilitated people ready to take an interest in the venture, their inability level and classification, and furthermore the asset level required for fruitful activity of the undertaking. The examination group will band together with the neighborhood noble cause to gather and break down information on the students with inabilities, and in the execution of the task. 100 members will be recognized for the investigation, through testing approach. The investigation will be directed through the subjective examination approach. The strategies for information assortment to be applied are meeting, survey and information mining. The information gathered will be utilized to decide the network needs. Information mining
Saturday, August 22, 2020
Leukemia and Its Treatment Essay -- Cancel Health Medical
Leukemia is something that we catch wind of a great deal. I accept that individuals don't see precisely what leukemia is and how hazardous it very well may be, I picked this subject to attempt to enable them to comprehend. In this paper I will clarify what leukemia is and what medicines you can browse to treat the malignancy. Leukemia is a kind of malignancy. Malignancy is a gathering of in excess of 100 infections that share at least two significant things for all intents and purpose. One is that sure cells in the body become anomalous. Another is that the body continues delivering enormous quantities of these strange cells. Leukemia is malignancy of the blood ce3lls. At the point when leukemia builds up the body creates huge quantities of anomalous platelets. In many kinds of leukemia, the anomalous platelets and they don't work properly.(Cancer compass 10) Ã Ã Ã Ã Ã There are two significant gatherings of leukemia they are assembled dependent on how quick they spread. Intense leukemia is a malignant growth that begins in the organs that makes blood, specifically the bone marrow and the lymph framework. Intense leukemia spreads rapidly. Ceaseless leukemia is when many white platelets are made in the bone marrow. Contingent upon the kind of white platelet that is included interminable leukemia can be named constant lymphocytic leukemia or incessant myeloid leukemia. Constant leukemia spreads gradually.( Longe,186) Ã Ã Ã Ã Ã There are various sorts of treatment for leukemia the one that you get relies upon what stage the malignancy is in and what sort of leukemia you have. Chemotherapy is one type of...
Wednesday, August 5, 2020
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Saturday, May 23, 2020
Effects Of Drugs On The Body - 1055 Words
Drugs are something we have had for a long time. Itââ¬â¢s something that can heal or kill. A lot of drugs are abused by some of their users in the U.S. and some of them are actually young kids or teens. Besides that, there are a lot of things that are worst than teens abusing drugs. Donââ¬â¢t get me wrong, it is bad just not as bad as the Drug War impact. Drugs affect the body just as much as it does anything else. One drug that affects the body greatly is meth. This is just one of the drugs that can kill you. All drugs can be addictive but some are more addictive than others and cause you to keep using them. These drugs are not meant to be abused they are for medical use only. They can harm you though, and very badly harm others too! These drugs cause you to see things, hear things, and they just mess with your mental and physical state in general. Meth is a horrible drug that is highly addictive and can be injected, smoked, or inhaled. Not only is it very strong and addictive, it has a high that can last over 30 times longer than a high from cocaine. This makes you impaired to the things you see, hear, or even think. Even though it is highly addictive, it is not the most addictive drug in the United States. Heroin is the most addictive drug in not only the United States, but the whole wide world! It is injected, smoked, or eaten/drank. It is mostly smuggled into the states, but some people make it homemade. It makes you crazy and causes you to tremble. It alsoShow MoreRelatedThe Effects Of Drugs On The Human Body1208 Words à |à 5 Pagesmany years drugs have been around, but most people are not aware of the consequences that it has on the human body. At a young age, weââ¬â¢re told that drugs are bad, but we still donââ¬â¢t exactly know the side effects that come upon from the constant use. In the video, Life on Drugs, show the significant impact that drugs have on people who rely on them everyday. The participants, all drug users, willingly decided to be part of the experiment of drugs. During all of the experiments, the same drug users wereRead MoreThe Effects Of Drugs On The Human Body1158 Words à |à 5 Pagesone main problem that has terrorize its streets ever since it became a nation. The abuse of substances has become more and more common on this society, that now thinking about legalizing one of its illicit drugs is a main political topic. Even though the United States has become a war on drugs country, many people in its society are still being affected. Out of all the substances that are being abuse in this country, there are three that outstand the rest. The three substances that are being abuseRead MoreDrug Delivery And Its Effect On The Body1245 Words à |à 5 PagesDrug delivery is the method of transporting a pharmaceutical compound to safely achieve its desired therapeutic effect in the body by using approaches, formulations, technologies, and systems. Today these technologies are nanobiomaterials and the use of nanobiomaterials are unprecedentedly increasing in drug delivery thanks to their significant advances in the diagnosis and treatment of disease. The major goals of using nanomaterials are to reduce toxicity, increase biocompati bility, safety, andRead MorePrescription Drugs And Its Effects On The Body1500 Words à |à 6 PagesA drug is a substance that has a physiological effect on the body when it interacts with the body. Prescription drugs are drugs that can only be dispensed legally when a valid form of presentation from the proper authorities, such as doctors and physicians, is given. In todayââ¬â¢s society the non-medical use of prescription drugs is a commonly recognized public health issue. Young impressionable adults are particularly vulnerable to misunderstanding how these drugs are to be used. (Pickover, MessinaRead MoreThe Effects of Prescription Drugs on the Body1015 Words à |à 4 PagesFor some people, drugs are a part of everyday life. Drugs are what allow them to be able to walk around in the mornings with no ache, or comfort the pain of a recent surgery, or help and individual cope with anxiety or stress; however, the same drugs that are used to bring enjoyment into one persons life c an bring destruction into another. This has become a major problem in the U.S. and all over the world as well. In a recent survey, thirty different clinics, spread out over five urban areas, reportedRead MoreEffects Of Drugs On The Human Body1817 Words à |à 8 Pagesat the most (Nova Science, 2012, p. 281). This forces the user to keep consuming cocaine in order to maintain the ââ¬Å"Highâ⬠period for a longer time. Some of the side effects of cocaine in the human body can be as simple as just headaches, increase of heart rate, nausea, and decrease of appetite; but, for heavy users the side effects can be more dangerous such as the loss of sense of smell, reduce blood flow, anxiety, severe paranoia, seizures, heart attacks, and strokes (Nova Science, 2012, p. 282)Read MoreThe Effects Of Drugs And Opiates On The Body1971 Words à |à 8 Pageshighlight the roll of the brain in the body and itââ¬â¢s different parts that come together to form the most complex organ in the body and what drug use and abuse can do both in the short term and long term. The focus of this paper will be on two specific substances; cocaine and opiates. It will examine what each substance and does to the brain and what, if any, long term affects it has on the brain. As mentioned before the human brain is the most complex organ in the body that is made up of many parts. TheRead MoreThe Effects Of Drug Addiction On The Body Essay1987 Words à |à 8 Pages Humans have been recorded using drugs for over 9000 years. During this time, drugs have been used as home remedies for maladies and religious ceremonies, in addition to recreational drug use (Guerra-Doce, 2014). When opioids, hallucinogens, stimulants, inhalants, cannabinoids, depressants, or anabolic steroids appear in recorded history, abuse of these drugs also appear. Writings on ancient Egyptian scrolls show rehabilitation records. Sumerians have writings about opium, using a word that translatesRead MoreThe Effects Of Drug Abuse On The Body1067 Words à |à 5 PagesThe debate on drug has arisen since the 1860ââ¬â¢s when pharmacist made an effort to regulate drugs. Drugs have always been consumed, but in an effort to stop them from spreading theyââ¬â¢ve now been prohibited. Drugs ca n affect the body in such a way which an individual can hallucinate things, and could permanently damage an individualââ¬â¢s mind. Consequence of drug abuse can be cardiovascular disease, stroke, cancer, HIV/AIDS, hepatitis, and lung disease. Some people become addicted to drugs to the pointRead MoreHarmful Effects of Drugs on the Human Body1124 Words à |à 5 Pageswith their bodies. There is numerous of harmful things that human have done to their bodies without any further thoughts of the impacts, for example like drugs use. From my own perspective, I believe that there must be a limitation on the use of strong drugs such as cocaine, heroin, and methamphetamine which have high tendency of addiction. Besides, these kinds of drugs will lead to a drastic changes not only mentally but also physically. Behaviors are one of the obvious changes on the drugs user which
Monday, May 11, 2020
Labor Day Essay - 751 Words
Labor Day is a dedication to the social and economic achievements of American workers. It constitutes a yearly national acknowledgment to the contributions that workers have made to the strength, prosperity and well-being of our country. It has evolved from a purely labor union celebration into a general ââ¬Å"last fling of summerâ⬠festival. The origin and deeper meaning of the day has been forgotten, or never actually known to many. The beginnings of the American Labor Movement started with the Industrial Revolution. Once factory systems began to grow, a demand for workers increased. They hired large amounts of young women and children who were expected to do the same work as men for less wages. New immigrants were also employed and calledâ⬠¦show more contentâ⬠¦It was founded in 1869 by garment workers in Philadelphia who believed that one union of skilled and unskilled workers should exist. The union was originally a secret, but later was open to all workers, including blacks, women and farmers. Five hundred thousand workers joined in a year. Their goals were an eight-hour work day, a minimum wage, arbitration rather than strikes, health and safety laws, equal pay for equal work, no child labor under the age of fourteen, and government ownership of railroads, telegraphs and telephones. However, the Knights of Labor was a relatively weak organization, and eventually fell apart. In 1886, the American Federation of Labor (AF of L) was formed and replaced the Knights of Labor. Its leader was former cigar union official Samuel Gompers who only wanted to focus on skilled workers. The AF of L was a conglomeration of twenty-five unions that included three hundred thousand workers working for increasing wages, reducing hours, and improving working conditions. Gompers believed that everyone should receive equal pay for equal work, and that everyones rights should be protected. He also thought the unions should be primarily concerned with the day-to-day welfare of the members and should not become involved with politics. He also thought that socialism would not succeed in the United States. quot;Bread and butterquot; unionism was theShow MoreRelated The Day Labor Market in Phoenix, Arizona Essay3061 Words à |à 13 PagesThe Day Labor Market in Phoenix, Arizona Introduction This paper focuses on the Macehualli Day Labor Union located in Phoenix, Arizona in the 85032 area. Throughout the history of the United States, illegal immigrants have come from all over the world to find work and a better way of life. It is estimated that right now there are about seven million illegal aliens living in America. About 69% of these illegal immigrants are Mexican and over 283,000 of them live in Arizona1. In this paperRead MoreRailway Labor Act And Impact On Modern Day Airlines1564 Words à |à 7 PagesRailway Labor Act and Impact on Modern Day Airlines For decades, the railroad industry was in a period of great economic political, and industrial changes in the United States. The industrial boom was taking its toll on the United States, and the widespread violent work stoppages were detrimental to the railroad industry due to tensions escalating between unions and workers. President Calvin Coolidge was strongly vocal about the issue and urged railroads and unions to recommend legislation to improveRead MoreMy Childhood And Early Teenage Years1702 Words à |à 7 Pagesdoing in order to have fun, and it was exciting to do. My life changed that Labor day weekend of 9th grade, and my parents view of me changed along with it. The weekend started off normal enough. I decided to just relax that Friday night by doing homework and playing some games before heading to sleep. This was the usual thing to do, as Saturdays are when our friend group would normally hang out. Come the following day, two of the friends I was closer with at the time wanted to come over and stayRead MoreA Day Of A Labor And Delivery Nurse Essay1092 Words à |à 5 PagesA Day of a Labor and Delivery Nurse Labor and Delivery nurse has always been my dreams for my career. I love kids, and have wanted to always do something with babies and wanted something in the medical field. Labor and Delivery happens to be the best suit for what I want to do with my future. Not a pediatrician, but just a nurse that works with babies. No way I could do the NICU, no way at all. I would go home from work every night and cry just because I wouldnââ¬â¢t know if those babies would makeRead MoreA Day At The Labor And Delivery Unit Essay975 Words à |à 4 PagesIt was a quiet Thursday night for the labor and delivery unit. At 9:30pm, the white board was almost clear. While making my rounds, the nurse asked for my help; she mentioned a patient may need to undergo an emergency C-section. Within 15 minutes, the physician determined that the emergency C-section was imperative. The nurse and I prepared the patient for surgery. The patient smiled at me, thanking me for my help. She confided that she was nervo us because it is her first child. I held the patientââ¬â¢sRead MoreMarket Communities : The Social Life Of ( Not )1420 Words à |à 6 Pagessurvival through competition in labor marketplaces pits jornaleros against one another, undermining yet not destroying other sources of solidarity. Market competition is the first mechanism in the production of individualized subjects under conditions that otherwise suggest collective solidarity. To the extent that livelihood depends upon a competition, a community of jornaleros becomes impossible. Yet, to the extent that labor is a ââ¬Å"fictitious commodityâ⬠(Polanyi 2001), day laborers fulfill in this market-placeRead MoreEthnography Of The Blue House2284 Words à |à 10 PagesEthnography of the ââ¬Å"Blue Houseâ⬠: Plano Day Labor Center While making the drive on my way to school, my father decides to take a short detour to go pay his worker. It is early in the morning and still very grey outside which facilitated my usual slumber. This detour meant nothing more to me than simply that of a detour, but it wasn t until I was suddenly awaken by the car being strangely rocked like that of a small raft in the sea. Being nearly eight years old, I m instantly on high alert and veryRead MoreMy Experience At The Labor Day Holiday Essay1422 Words à |à 6 PagesThis week was a very hectic week, being that it was a short week because of the Labor Day Holiday. I cannot talk about this week without talking about my job. Waking up Tuesday Morning I had my day planned out. I was going to go into work for a little while and then go to my field placement. However, when I went into work on Tuesday that plan went out the door and my entire day was spent at work. My stress level immediately went through the roof thinking about ho w I am going to get my hoursRead MoreEmotional Labor : Modern Day Capitalist Society1966 Words à |à 8 PagesEmotional labor 1 Running Head : Emotional labor: modern day capitalist society emotional labor : modern day capitalist society Matthew Beekman Montclair state University Dr. Vikash Singh Social theory Critical analysis Emotional labor 1 In todayââ¬â¢s capitalist society, many have to act or reject their current thoughts and emotions to thrive and survive in the workplace. In daily life many pretend to be happy and attentive for means of a pay check, in which without these toolsRead MoreChildren And Their Effects On Children1406 Words à |à 6 Pagesin sweat shops, out in fields, in mines, some are sold into prostitution and some are in the military. A lot of these children are forced to do these jobs because they need to help their families. Sometimes families will sell their children to do labor because they are in debt. Some might say that working as a child could be beneficial. It teaches them good work ethic and responsibility. It also teaches them how working hard and earning money is a way of living. But in reality, it robs children of
Wednesday, May 6, 2020
Cause and Effects of Oneââ¬â¢s Appearence Free Essays
Certain things that can make an individual one-of-a-kind could be tattoos, piercings and dreadlocks just to name a few, such as is mentioned in Dreadlocked by Veronica Chambers and Drugs, Sports, Body Image and G. I. Joe by Natalie Angier. We will write a custom essay sample on Cause and Effects of Oneââ¬â¢s Appearence or any similar topic only for you Order Now Oneââ¬â¢s appearance can reveal insight into a personââ¬â¢s lifestyle and life choices. People can define themselves and their personalities to others by making themselves appear unique There are many reasons as to the way people put themselves together and why they project themselves the way they do. One major motive tends to be trends. A trend is something that is popular at a given time and is constantly changing. In todayââ¬â¢s society following these trends can allow a person to gain acceptance into a certain peer group. Keeping up with trends however, can make a personââ¬â¢s appearance change quite frequently. Another major factor in oneââ¬â¢s appearance is culture. Different cultures have different rules and guidelines that can greatly restrict or require certain appearances. For example, in the Hindu religion it is part of their culture to wear a bindi which is a piece of body jewelry that is worn in the center of a womenââ¬â¢s forehead after they marry. In places such as Cambodia and Thailand it is part of their culture to have certain tattoos, such as the yantra tattoo which is believed to protect against evil and to increase luck. These tattoos and body jewelry define oneââ¬â¢s appearance in a strong way. Lastly, a major element of oneââ¬â¢s appearance is emotions. Emotional reasons affect an individualââ¬â¢s appearance in multiple ways such as clothing, tattoos, piercings and hairstyles. All of those little factors can express a personââ¬â¢s mood in such huge ways. A certain form of this could be a tattoo of something or someone meaningful chosen for an emotional reason such as a loss or even a sense of pride. For every motive however, there is an outcome, whether it be positive or negative. A major negative effect in todayââ¬â¢s society tends to be stereotyping and bullying. A stereotype is a commonly held public belief about specific social groups, or types of individuals. These stereotypes can lead to judging an individual based on their appearance. By stereotyping a person you can not only misjudge them but you can also hurt their feelings. An example of stereotyping is given in Dreadlocked by Veronica Chambers ââ¬â ââ¬Å"But over the last eight years my dreadlocks have conferred upon me the following roles: rebel child, Rasta mama, Nubian princess, drug dealer, unemployed artist, rock star, world-famous comedienne, and nature chick. None of which is true. â⬠This demonstrates how being quick to judge someone is erroneous and cruel. An outcome of oneââ¬â¢s appearance can be a change in a personââ¬â¢s self-esteem. An example of a change in self-esteem for oneââ¬â¢s appearance is piercings. If a girl gets her belly button pierced it can result in her feeling more confident about herself and her body. Another example is also going to an extreme to get a certain body type that one thinks will change their self-esteem. As stated in Drugs, Sports, Body Image and G. I. Joe by Natalie Angier ââ¬Å"â⬠¦ planting in boysââ¬â¢ minds a template for a he-manââ¬â¢s body that cannot be attained without engaging in obsessive behaviors to build muscle and strip off fat, and then augmenting those efforts through the consumption like human growth hormone, and anabolic steroidsâ⬠¦Ã¢â¬ Finally, another negative consequence that can result from a personââ¬â¢s appearance is career limitation. Having a certain hairstyle, piercing, or visible tattoos can jeopardize a career. For example, many jobs require a neat, clean cut look such as a tie and suit for men, and dress pants with a blouse, skirt, or dress for women. In wearing these career-oriented clothes many employers prefer their employees not to have any visible tattoos or piercings, as well as a neat put together hairstyle. By not meeting those requirements a lot of employers will turn away a job applicant. In a world like todayââ¬â¢s where self-expression is often encouraged, but at the same time rejected, an individualââ¬â¢s appearance has an impact on multiple factors in their life. People use their appearance to project their lifestyle and choices, but this can have a negative influence outside of their culture or peer groups. Not every person with dreadlocks is a pot smoking Rastafarian, but people erroneously connect the two. Conversely people shouldnââ¬â¢t think they have to fit a stereotype of what a ââ¬Å"modelâ⬠person should look like. How to cite Cause and Effects of Oneââ¬â¢s Appearence, Essay examples
Friday, May 1, 2020
Company Research Acrux Limited
Question: Discuss about the Company Research for Acrux Limited. Answer: Introduction: Acrux Limited is considered one of the major producer and supplier of topical drugs and generic pharmaceuticals in the global pharmaceutical market. The company came into existence in the year 1998 in Australia under the provision of Polled Development Act 1992 (Acrux, 2016). There are two major streams of pharmaceutical products for Acrux which are popular in the global drugs market namely generic and speciality ptoducts. Axiron, Ellavie, Lenzetto, Axiron (testosterone), Evamist, topical solution CIII are the main products of Acrux. The central objective of the company is to produce drugs, which can resolve the hormonal deficiencies and imbalance, advanced contraceptive, pain, nervous system disorder, skin related problems. Acrux uses the newest advanced technology for developing the drugs, which are mainly insexternally (Acrux, 2016). Company has number of scientists, who are actively involved in the formulation and research work of new drug and therapies in the state of art in-house laboratory of the company. The company has effectively commercialized its pharmaceutical products in the USA and Europe market with the help of licensees. The company has also licensed for its products to Gedeon Richter in order to commercialize number of estradiol drugs in the states of Eurasia and Europe. In regards to commercializing pharmaceutical products in the global market, it has licensed the latest technology to Eli Lilly (Acrux, 2016). The central focus of the company in the process of product pipeline is to formulate new process technology and form low cost attractive pharmaceutical products that serve the physician and patients (Acrux, 2016). Acrux is using the advance process of developing drugs termed as Patchless Patch, which has been formulated at Monash University Australia. This technology has facilitated the company to produce the effective and flexible products (variable dosage) with high molecule breadth application along with clinical trials of the topical pharmaceutical drugs for phase two and phase three trials (Acrux, 2016). Acrux Limited is also honoured with the Government of Victoria Export Award and Victoria Export Award in the field of innovation excellence in the year 2010 (Bloomberg, 2016). Despite the slight fall in the market value of the share, Acrux Limited is considered the largest sole producer of drugs in the Australian pharmaceuticals market. With regards to the products, the company currently has four speciality products which are being commercially produced. There are Axiron, Ellavie, Evamist and Lenzetto. Axiron is a topical solution used in the treatment of adult males suffering from deficiency of testosterone. The company has executed an exclusive agreement with Eli Lilly and is available for sale in several developed nations such as USA, Australia, Canada, Germany and South Korea. Ellavie, Evamist and Lenzetto are the names of an estradiol spray which is used by women. This spray is used for treating menopause related hot flushes experienced by women. The different names of the same spray are primarily because the spray is sold in different geographies by different vendors under different brand names. Besides, the above mentioned speciality products already in market, the company also has some speciality products in development along with generic products (Products Acrux, 2016). The company is led by an experienced, talented and passionate management. The brief profile of the management team is discussed below. At the helm of affairs is Micheal Kotsanis who serves as both the CEO and MD of the firm. He has a humungous experience in the pharmaceutical industry at various positions. He has vast experience in being associated with organisations having significant footprint in the generic medicine space. Additionally, he has served in various geographies across the world which enables him to have a sound understanding of various markets. Tim Bateman is the CFO of the company which has vast experience in financial positions taken in a host of firms listed on the ASX (Australian Stock Exchange). Besides, Tim is a CA by qualification and has served organisations based in various sectors which ensure wide experience and knowledge. Nina Webster, an industry veteran is the commercial director who is majorly responsible for IP (Intellectual Property) portfolio management besides business development and RD. She has been with the company since long and previously was in the position of head of business development. Felicia Colagrande is the Technical Affair Director and responsible for product development. She had wide experience in the industry and has been closely associated with various facets of product development. Charles OSullivan is acting as the portfolio director and has wide experience in the industry on being associated with a host of companies in the past (Management Team-Acrux, 2016). The company envisions delivering sustainable value for the shareholders through development and commercialisation of pharmaceutical products. In this endeavour, the company intends to ensure that the lives of the patients should be positively influenced. Further, innovation and excellence should be embraced. Also, the employees are valued and the contribution of each employee is appreciated (Company Philosophy-Acrux, 2016). This is also apparent from the fact that some of the top management positions are being currently occupied by employees who have served the company for more than 15 years. Further, the company provides a professional and diverse work environment where the employees can discharge their professional duties. The company highly values honesty and integrity considering the industry in which the company is based in. As a result, it is imperative that no lapses should be observed in the overall process of drug development and marketing. Employee Benefits The employees at Acrux may expect a host of benefits. These include annual leaves and contribution to the superannuation funds of employees besides wages and salaries. Additionally, based on the employment contract of the respective employees, annual bonus is also provided based on their respective performance and also of the company as a whole. Also, employees especially at middle and higher management are also provided share based payments as incentives which also ensure higher loyalty towards company leading to lower attrition rate. Besides, the company also provides termination benefits to employees if the company terminates the employment contract before the retirement date or ending date of the contract (Financial Report FY2016 Acrux, 2016). Employee Attributes The company expects that the employee should have strong domain knowledge preferably along with experience in the pharmaceutical industry which would enhance an overall understanding of the business. Besides, the employees are expected to be highly ethical and professional in their work which is highly expected considering the potential implications of any fraud or unintentional lapse. Thus, considering the nature of business and the management, an employee who is highly meticulous in work, has strong domain knowledge and is inherently patient would be happy while working with the company (Financial Report FY2016 Acrux, 2016). Financial Analysis The income statement for the company for the year FY2015 and FY2016 is highlighted below (Financial Report FY2016 Acrux, 2016). It is apparent from the above that the company has witnessed an increase of around 12% in the revenues on a y-o-y basis. There has been a sizable increase of around 30% in the employee benefits expense primarily on account of jump in wages and salaries by about $ 750,000 in FY2016 over FY2015. Additionally, there has been a more than 100% jump in the external RD expenses which is reflective of a strong product portfolio in the pipeline for the company which is expected to bring incremental revenues in the future and therefore deliver sustainable returns to shareholders. Another significant item which merits discussion is the loss on foreign exchange to the extent of $ 772,000 in FY2016 which is primarily on account of currency fluctuations observed in the value of AUD against various international currencies particularly USD. This is on account of significant sales revenue being earned in the form of foreign currency. Despite, the increasing R D expenditure coupled with higher salari es and forex losses, the company has managed to post higher EPS in FY2016 as compared to FY2015 which augers well for the valuation of the firm (Financial Report FY2016 Acrux, 2016). The balance sheet for the company for the year FY2015 and FY2016 is highlighted below (Financial Report FY2016 Acrux, 2016). It is apparent from the balance sheet shown above that there has been an increase in the cash and cash equivalents in FY2016 which is leading to an increase in the current assets. The plant and equipment for the company are negligible owing to the nature of the business but intangible non-current assets are sizable which constantly undergo amortization. With regards to liabilities both of current and non-current nature, the most prominent item is liabilities related to taxes. In the current liabilities, there has been an increase of about 100% in the current tax payable primarily because of lesser tax being paid in the current year i.e. FY2016. Besides, deferred tax liabilities contribute to majority of the non-current liabilities primarily due to the nature of business. Also, it is noteworthy that the company does not have any outstanding debt either in current or in non-current liabilities. Since, typically a large expenditure has to be made in RD before commercialising a product, there are huge accumulated losses from the past which have now started trimming as the company has sales from commercial products (Financial Report FY2016 Acrux, 2016). The relevant financial ratios for the company for the last 10 years are shown below (Morningstar, 2016). It is apparent from the above that companys revenue is highly dependent on the product portfolio pipeline. The gross profit margins of the company are exceptionally high since the major cost of products is RD and raw material constitutes a very miniscule cost. The operating margins are also high and positive since FY2010 when the company started posting significant revenues. The company since FY2014 has also started paying dividends and the payout ratio is very healthy as is apparent from the above. Additionally, the operating cash flows have also turned positive since FY2010 which augers well for the company. Besides, it is also clear that the business is generating positive free cash flow which is indicative of the turnaround in business as the products are generating commercial sales. It is apparent that the company has a high receivable period which is expected considering the sale through licensee. However, the fact that payable period is significantly higher augers well for the company to reduce the cash cycle. Over the years, the asset turnover has shown improvement which implies that the company is able to generate higher revenue from the available business assets (Morningstar, 2016). References About Acrux - Acrux. (2016). Acrux. Retrieved 26 December 2016, from https://www.acrux.com.au/about/ ACR: ASE Stock Quote - Acrux Ltd. (2016). Bloomberg.com. Retrieved 26 December 2016, from https://www.bloomberg.com/quote/ACR:AU Company Philosophy Acrux Ltd. (2016), Acrux. Retrieved 26 December 2016, from https://www.acrux.com.au/about/company-philosophy/ Financial Report FY2016 Acrux (2016), Acrux. Retrieved 26 December 2016, from https://investors.acrux.com.au/FormBuilder/_Resource/_module/NjepwR2K-EWQX6Fr9BvRNg/file/Acrux-Financial-Report-for-the-year-ended-30June2016.pdf Morningstar (2016). Acrux Ltd:ACR, Retrieved 26 December 2016, from https://financials.morningstar.com/ratios/r.html?t=ACRregion=ausculture=en-US Management Team-Acrux (2016), Acrux. Retrieved 26 December 2016, from https://www.acrux.com.au/about/management-team/ Products Acrux (2016), Acrux. Retrieved 26 December 2016, from https://www.acrux.com.au/product/
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