Engagements › Pinewood Street Pharma › Functional Analysis
Functional Analysis
For each transaction, the questions the team asks, who performs each function, owns each asset and bears each risk, and where each answer came from. The narrative and the characterisation are drafted from the answers, as a suggestion. The factors: OECD 1.36.
Who performs, owns and bears what — and the narrative drafted from it.
Purchase of finished medicines
Pinewood Street Pharma AG → Pinewood Street Pharma Cyprus Ltd · €8,400,000
| Area | Question | Pinewood Street Pharma AG | Pinewood Street Pharma Cyprus Ltd | Source |
|---|---|---|---|---|
| Functions | Who sets prices and marketing strategy? | High | Low | Distribution agreement clause 3.1 (Distribution agreement, Pharma Cyprus Ltd) |
| Functions | Who sells to pharmacies and hospitals? | None | High | Interview with the country manager |
| Assets | Who holds the marketing authorisations? | High | None | Regulatory register |
| Risks | Who bears inventory risk? | High | Low | Distribution agreement clause 7.1: obsolete stock is returned (Distribution agreement, Pharma Cyprus Ltd) |
| Risks | Who bears market risk? | High | Low | Distribution agreement clauses 4.1 and 7.1: a target margin with a year-end true-up (Distribution agreement, Pharma Cyprus Ltd) |
Suggestion Drafted narrative. It counts for nothing until the item is confirmed.
Pinewood Street Pharma AG sets prices and marketing strategy; holds the marketing authorisations; bears inventory risk; and bears market risk.
Pinewood Street Pharma Cyprus Ltd sells to pharmacies and hospitals.
Of the 5 points, Pinewood Street Pharma AG leads on 4 and Pinewood Street Pharma Cyprus Ltd on 1.
Suggested characterisation: Pinewood Street Pharma Cyprus Ltd as a limited-risk distributor.
Sign-Off
ReviewedVerifiedConfirmedNext: Reviewed, by a team member. Choose a person under View As to sign.
Evidence still outstanding: Year-end true-up calculation for the distributor, due 9 Nov 2026 — in 2 days.
Signing is still open: say in what you looked at how the conclusion stands without it.
Hash
Content hash32088a71fe2e · a change to it reopens every sign-off