Global Economy Helps India Attract Foreign Drug Makers
This article was originally published in PharmAsia News
Executive Summary
Indian pharmaceutical companies are benefiting from the global economy that is causing multinational drug makers to trim their budgets. Many other nations are attempting to attract Indian drug makers to invest in their countries, with offers of tax advantages and other perks. Representatives of Australia, Belgium and Denmark are among representatives of foreign nations seeking a presence by Indian drug makers, seeking collaborations with home-country institutions. The representatives are trying to convince Indian drug makers to invest in facilities and even establish bases in their countries. (Click here for more