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International News

Financial Times Examines Pharma's Growing Interest in India

January 27, 2011

"International pharmaceutical companies once looked with frustration at Indian drug makers, which were notorious for churning out low-cost, copycat versions of patented drugs and selling them to developing countries. More recently, they have been looking at India’s fast growing pharmaceutical industry in a different light -- as an increasingly integral part of the global supply chain in an environment of intensifying pressure on prices," the Financial Times writes. The article, which documents the rise of foreign-owned companies in India's domestic drug market, notes, "Recent takeovers have raised concerns among some policymakers that foreign ownership may lead to sharply higher domestic drug prices, potentially a big problem in a country where 80 per cent of total healthcare costs are shouldered privately" (Kazmin, 1/26).

Back to other news for January 2011


This information was reprinted from kff.org with permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Global Health Policy Report, search the archives, and sign up for email delivery. © Henry J. Kaiser Family Foundation. All rights reserved.



  
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This article was provided by Henry J. Kaiser Family Foundation. It is a part of the publication Kaiser Daily Global Health Policy Report. Visit the Kaiser Family Foundation's website to find out more about their activities, publications and services.
 
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