Caught in the “Innovation Deficiency Syndrome”, and under serious pressure to compensate declining revenue streams from saturated markets, soon-to-expire / already expired blockbusters, pharma companies are increasingly partnering with biotechs to help reduce their losses.
Natural products-based drug discovery is gaining prominence once again.
Globalisation, free trade, investment, entrepreneurial zeal are all set to metamorphose Indian pharma companies that were once labelled as the copy cat drug makers into discovery-led firms.
The Asian pharmaceutical industry presents a two-fold opportunity to the troubled world of the global pharma industry.
Welcome to the latest edition of Pharma Focus Asia. The issue of outsourcing in the pharmaceutical sector has been a hot topic for discussion recently, particularly now that the US Congress is considering reforming patent law. The new legislation could have significant repercussions for firms that use the USA as part of their business strategy, especially as pharmaceutical and biotechnology companies now outsource at almost every stage in the value chain.