India - The Next R&D Cluster For Biopharmaceuticals?

 
9783659333675: India - The Next R&D Cluster For Biopharmaceuticals?

The
 cost
 of
 discovering
 new
 drugs
 has
 increased
 significantly,
 and
 pharmaceutical
 Multinational
 Corporations
 (MNCs)
 have
 market
 pressures
 to
 decrease
 prices
 of
 drugs. Moreover, the 
patents 
of 
numerous
 blockbusters 
will
 expire 
within 
the
 next
 few
 years
 and
 the
 MNCs
 are
 still
 not
 able
 to
 replace
 them
 with
 new
 profitable
 blockbusters. 
Moreover,
 companies
 from
 developing 
countries 
are 
trying
 their
 best
 to
 move
 up
 the
 value
 chain.
 A
 country
 like
 India
 has
 some
 essential
 advantages
 in
 terms
 of 
cost 
reduction 
and 
access
 to
 highly skilled
 labour
 at 
lower 
cost. 
Therefore
 it
 is
 assumed
 that
 the
 developing
 countries
 might
 have
 the
 potential
 to
 become
 R&D
 clusters.
 This
 work
 will
 try
 to
 identify
 some
 essential
 factors
 that
 may
 indicate
 whether
 India
 has
 the
 potential
 to
 become
 an
 R&D
 cluster
 for
 biopharmaceuticals.



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About the Author:

Abtin Maghrour, MSc: Studies Science & Technology Policy & Management at the University of Edinburgh, MA: Studied Strategy and Marketing at the University of Applied Sciences Darmstadt. Consultant at Capco, Frankfurt.

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