India's pharmaceutical industry: hype or high tech take-off?

Malhotra, Prabodh and Lofgren, Hans 2004, India's pharmaceutical industry: hype or high tech take-off?, Australian health review, vol. 28, no. 2, pp. 182-193.

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Title India's pharmaceutical industry: hype or high tech take-off?
Author(s) Malhotra, Prabodh
Lofgren, Hans
Journal name Australian health review
Volume number 28
Issue number 2
Start page 182
End page 193
Publisher The Association
Place of publication Sydney, N.S.W.
Publication date 2004-11-08
ISSN 0156-5788
Summary India has built a large pharmaceutical industry through an array of measures in support of domestic firms. The absence of product patents enabled Indian companies to become world leading producers of generic versions of patented drugs. Low costs and a strong engineering tradition continue to sustain competitive strength. The implementation of the World Trade Organization patent regime in 2005 is driving a transformation of the industry. Key elements of the present shake-up include the return of 'big pharma' companies on a large scale and the emergence of several Indian firms that aim to become fullyfledged research-based multinationals. This article provides a description of the development and structure of the Indian pharmaceutical industry and explores questions and challenges arising from its integration into global markets.
Language eng
Field of Research 140202 Economic Development and Growth
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2004, Australian Healthcare Association
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