Nerdy Science Blog

Ranjit Barshikar wrote an article regarding to the future of pharmaceutical industry in Asia.

20th Anniversary Special Feature: the rise of Asia

India, China and Singapore are expected to become leaders in the pharmaceutical sector. India and China have become major suppliers of APIs, with India also exporting high volumes of pharmaceutical dosage products. South Korea, Malaysia, Thailand, Taiwan and Hong Kong are also creating strong pharmaceutical bases, although these markets are mainly dominated by MNCs. More clinical trials are also being conducted in Asia and India has taken the lead in clinical trial outsourcing. Asia is now returning to GDP levels of the 19th century when it was at its highest (12%). According to Goldman Sachs, India is expected to become the world’s third largest economy by 2050. Many MNCs are investing and building their businesses in China and India, and it is expected that total pharmaceutical sales in China (at current levels of approximately $14 billion [€9 billion]) will double to $28 billion (€18 billion) by 2010.(1)

Ranjit pointed out the factors that cause the growth of Asian market are:

• population factors
• clinical trials
• R&D innovation
• generics companies
• cost advantages
• regulatory support

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Research and Markets - Scrip Yearbook 2008: 24th edition:

Scrips annual review of the year, Scrip Yearbook 2008 is your guide to all the key facts, events and issues of the last 12 months from across the pharmaceutical and biotechnology industries.Collected and organised from coverage in Scrip World Pharmaceutical News, the respected source of biopharmaceutical industry news, this new updated report provides a complete and concise tool, covering all levels of the industry and recent developments.

Scrip Yearbook 2008 will help you to:
- Identify which significant mergers and acquisitions were completed
- Analyse the strategic and financial performance of your competitors
- Track the latest clinical developments and key product launches across all therapeutic areas
- Review the latest industry regulations imposed on the industry
- Gain insight from leading industry analysts and commentary from senior editors
- Keep abreast of global healthcare initiatives and market movements

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