Global Shift Of A Product- Pharmaceuticals Flashcards
1
Q
India:
What makes India attractive for Pharmaceutical production?
3 reasons
A
- high skilled labour and low costs
- approved labs- preferred destination for R&D outsourcing
- pharmaceutical companies with global presence locate here
2
Q
What is a drawback of locating in India?
A
- weak IP protection- potential cyber threats
3
Q
What makes China an attractive country? 3 reasons
A
- increasing competency in R&D outsourcing
- improves IP address laws- less risk- more attractive for FDI
- API manufacturing hub ( software building)
4
Q
Give two reasons why Brazil is attractive.
A
- Hub for FDI & exports to neighbouring nations in S America
- recognised potential for CRO & CMO
(Contract research/ manufacturing Organisation)
5
Q
Give three reasons why Europe is attractive for Pharmaceutical companies.
A
- high unmet needs in CV & respiratory disease treatments
- markets are dependent on parallel imports ( back & forth) for innovative medicines
- Poland, Czech & Hungary have good R&as climates