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From Pharmaceutical Innovation to Revenue Generation: The Asian Experience

Published online by Cambridge University Press:  29 December 2023

Subir Kumar Basak*
Affiliation:
SUBIR KUMAR BASAK, IFC, WORLD BANK GROUP, WASHINGTON, DC, USA

Abstract

Asia’s pharmaceutical sector has experienced remarkable growth over the last two decades, with companies in the region producing bulk of the world’s specialty generics, biologicals, and active pharmaceutical ingredients (APIs). The Asian pharma growth story has had several pillars for a strong and sustainable foundation that provided non-linear growth. This report introduces three models showing how Asian countries at different development stages — India, South Korea, and Singapore — have nurtured their own, self-sustaining pharmaceutical sectors.

Type
Symposium Articles
Copyright
© 2023 The Author(s)

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