João L. Carapinha, Brook K. Baker The spice trade of antiquity and contemporary medicine trade appear to share much in common. For centuries, Greeks and Romans traded spice with Asia using trade routes over land and sea to India and China. They were the Indian-Roman routes and Incense routes with paths crossing the Red Sea […]
The networks are awash with news of multinational pharmaceutical and biotech companies investing significant amounts to boost their presence and commercial operations in China. Its all good news but little is said about the experience of companies currently in the market. This story covers the challenges Indian generic pharmaceutical companies face and possibly points to […]
Bangladesh can export drugs worth Tk200 billion a year if the local medicine makers upgrade their facilities to a level that’ll enable them to do contract manufacturing for foreign pharmaceuticals, experts said Sunday. Drug manufacturing is becoming costly in the highly regulated western market, prompting major pharmaceutical companies to contract out drug making to companies […]
The Hindu, March 9, 2010 China welcomes Indian pharmaceutical companies to help address the growing demands of its domestic market in the wake of recent healthcare reforms, said Health Minister Chen Zhu on Monday. “We know India’s pharmaceutical sector, including non-generic and creative medicine, is leading the developing world. China has a huge market potential […]
The US biotechnology industry includes about 1,500 companies with combined annual revenue of about $70 billion. Major companies include Amgen, Biogen Idec, Genentech (owned by Switzerland-based Roche), Genzyme, Life Technologies, and Monsanto. Because many drugs are now developed using biotechnology, the biotechnology and pharmaceutical industries overlap considerably. COMPETITIVE LANDSCAPE Demand for biotechnology research in the […]
China has finally agreed to initiate the process of opening up the pharmaceutical market for Indian companies. It has also promised to enhance buying to correct the trade imbalance caused by low Indian exports. Chinese leaders including premier Wen Jiabao on Tuesday indicated to visiting Indian commerce minister Anand Sharma that Beijing was prepared to […]
Interpol has carried out a series of raids worldwide which has resulted in a series of arrests and “the seizure of thousands of potentially harmful medical products”. Operation Pangea II, a week-long initiative involving 24 countries, was coordinated by Interpol and the World Health Organisation’s International Medical Products Anti-Counterfeiting Taskforce. Regulators, police and customs officials […]
The US Trade Representative published the 301 Report on Global IP Protection. Its makes for interesting reading but in particular it notes two African countries included in the report.