Ernst & Young: Indian Pharmaceutical Industry Holds a Competitive Advantage
Filed in archive Outsourcing News on May 28, 2005
Global consulting firm Ernst & Young said that India's pharmaceutical outsourcing sector has a solid competitive advantage in global pharmaceutical innovation, patenting, manufacturing and regulation.
Ernst's & Young's 'Progressions 2005' said, "India is becoming an integral part of the pharma value chain, as large global pharma companies continue to increase their sourcing of APIs, offshoring of clinical development and partnering with domestic companies for new product development and marketing in India."
In addition, the annual report on global pharmaceutical trends stated that India's pharmaceutical sector will have a significant impact on global tax, regulation and IT environment.
The report goes on to say that the partnership between India and global companies will be mutually beneficial. Indian companies would be able to be part of the global research networks and access new technologies as international pharmaceutical companies would be able to tap India's wide pool of scientists.
Tags: outsourcing india pharmaceutical competitive advantage competitive+advantage ernst+young industry+ho
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Response from:
vijina
(07/07/05 12:25am)
Response from:
srishti handa
(06/25/06 11:33pm)
everyone knows that the pharma industry the world over is outsourcing to india. but, is india outsourcing anything pharma related? if so,what?? and where??
Response from:
Priyadarshi Matruprasad
(01/22/07 8:33am)
Whats the carreer opportunity in booming Indian Pharma industry in Strategic Planning / Brand Management in middle management level
Response from:
dhananjay
(01/25/07 6:55am)
i agree with the the survey,but there is a big room for improvement.Indian Pharmaceutical industry yet to be dynamic.in this young country its a old man's business where experience matters more than talent.so they follow orthodox industry standards.once this hurdle will overcome its going to be one more industry leadership for india like IT industry.
Response from:
Mohamed Najeeb
(03/05/07 9:25pm)
Whats the carreer opportunity in booming Indian Pharma industry in Strategic Planning / Brand Management in middle management level
Response from:
Buy Online Tramadol
(08/16/07 6:27am)
any training after graduation in the medical school, but recent efforts by the government, the Brazilian Medical Association
Response from:
M.Gopikrishna
(09/05/07 9:45am)
It would be better to start a new blog in your site containing Pharmaceutical Marketing - Mentoring. India has the well defined sales teams, like from Med reps onwards, front line, second line, third line , National sales Managers, and also International managers., who are working as expats. Some young people who are really career oriented can be benefitted out of sucg blog. This would offer value addition to your site as well.
Response from:
HelpLine
(03/07/09 2:23am)
This article is quite an informative one on Indian Pharmaceutical industry and its expand. Thanks for uploading the document over the internet…
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