Indian Pharmaceuticals Industry in Global Scenario: An Appraisal

2020 ◽  
Vol 22 (3) ◽  
pp. 424-429
Author(s):  
Prabal Chakraborty

Today, the Indian pharmaceuticals industry is recognised the world over due to the quality and cost-effectiveness of its products. At present, globally it is one of the fastest-growing industries and contributes 2.4 per cent value wise and 10 per cent volume wise globally. India alone accounts for 20 per cent of global exports in generics. In 2016, the Indian pharma industry exported USD16.89 billion and is expected to touch USD40 billion by 2020. The present generics market has immense potentiality for foreign direct investment (FDI) inflows, and worth USD14.53 billion of FDI inflows came in between April 2000 and December 2016. We have witnessed that Indian pharma companies go for joint ventures with multinational companies, make strategic alliances and co-promotions, contract research and manufacturing services, export, acquisitions and mergers, focus on new markets other than the USA and Europe, buy offshore plants and increase stakes in other companies. India is also becoming an attractive investment for the clinical trials market. The objective of this paper is to analyse the Indian pharmaceuticals industry—opportunity and threats, strategies of the Indian companies particularly after trade-related aspects of intellectual property rights (TRIPS).

Author(s):  
Stefan Bittmann

Since the outbreak near a fish market in Wuhan, China, in December 2019, researchers have been searching for an effective therapy to control the spreading of the new coronavirus SARS-CoV-2 and inhibit COVID-19 infection. Many countries like Italy, Spain, and the USA were ambushed by this viral agent. To date, more than 2.5 million people were infected with SARS-CoV-2. There is no clear answer, why SARS-CoV-2 infects so many people so fast. To date of April 2020, no effective drug has been found to treat this new severe viral infection. There are many therapy options under review and clinical trials were initiated to get clearer information, what kind of drug can help in this devastating and serious situation. The world has no time.


2018 ◽  
Vol 162 ◽  
pp. 02038
Author(s):  
Shahla Mohammad Ali

Foreign direct investment in Iraq cannot take its complete role for different reasons, such as: Lack of security, Corruption, Lack of Transparency, Unequipped banking system, undeveloped arbitration law, Intellectual Property Rights (IPR) issue, and internal disputes over oil rights. It was found that Iraq rates as one of the worst places in the world to do business, languishing at 166 out of 183 countries, according to a World Bank report and for starting a business Iraq ranks even lower


2010 ◽  
Vol 3 (1) ◽  
Author(s):  
Sérgio de Oliveira Birchal ◽  
Âmara Fuccio de Fraga e Silva

European direct investment in Brazil dates back to the discovery of the country and has been since then either hegemonic or more important than a superficial observation can grasp, as this work aims at showing. During the 20th century, the United States has replaced Britain as the worlds economic superpower and the largest direct investor. US dominance in the world economy and geographical proximity to Brazil would suggest that US investments were by far the largest in the country during that century. Furthermore, as Japan had become the second largest economy in the world in the 1980s, we would expect that this would be reflected in the data of the largest multinationals in Brazil. However, as our investigation suggests, Western European direct investment has been as large (and in many occasions even larger) as that of the USA and Japanese firms have never had a prominent presence among the largest firms in Brazil, at least until the late 1990s.


Author(s):  
Sena Kimm Gnangnon ◽  
Susana Del Mar Ramirez Ramirez

An important literature on the recipient-countries’ export performance effect of Aid for Trade (AfT) flows has focused on the goods side. The few existing studies on the services exports effects of AfT interventions have reached mixed results, reflecting a positive or weak effect. This study aims to complement these few studies by examining the effect of AfT flows on recipient-countries’ share of services exports in the world services exports (‘services export integration’), including through two main channels: their share of merchandises exports in the world merchandises exports (‘merchandises export integration’) and the size of Foreign Direct Investment (FDI) inflows. The empirical analysis, based on a sample of 105 countries over the period 2002–2016, has shown that these two channels definitely matter for the effect of AfT flows on countries’ services export integration. Specifically, by fostering countries’ merchandises export integration, AfT flows can promote their services export integration. Furthermore, promoting FDI inflows enhances the positive effect of AfT flows on countries’ services export integration.


Significance Meanwhile, Sudan seized the opportunity to present itself as a foreign direct investment (FDI) destination by showcasing investment projects worth billions of dollars. Impacts FDI inflows will increase, but a more robust uptick is unlikely until political and economic uncertainty fades. Donor inflows will increase significantly following the World Bank’s announcement of USD2bn in grants over the next ten months. Growth will turn positive this year, following three years of recession.


2016 ◽  
pp. 1934-1944
Author(s):  
Jose Godinez ◽  
Theodore Terpstra

Historically, Chinese corporations have been relatively unknown in Latin America. Total foreign direct investment (FDI) in Latin America was 18.1% of the world total in 2012 (UNCTAD, 2013). However, Chinese FDI in Latin America has averaged about US$10 billion per year since 2010, only a small part of Latin America's total FDI inflows (ECLAC, 2013). Yet the presence and economic leverage of Chinese corporations has become very substantial in several industries in the region, particularly the oil and mining industries. Trade between China and Latin America has also grown dramatically since 1999 (Luo, et al., 2010). Despite the growing economic connectivity between Latin America and China, the motivation, strategy and procedures behind China's FDI in the region have not yet been fully understood.


2020 ◽  
Author(s):  
Sarahanne Miranda Field ◽  
Joyce M. Hoek ◽  
Ymkje Anna de Vries ◽  
Maximilian Linde ◽  
Merle-Marie Pittelkow ◽  
...  

Following testing in clinical trials, the use of remdesivir for treatment of COVID-19 has been authorized for use in parts of the world, including the USA and Europe. These early authorizations were largely based on results from two clinical trials. A third study published by Wang et al. was deemed inconclusive. We demonstrate the utility of Bayesian reanalyses in the context of non-significant results like the Wang et al. trial. Results of a reanalysis of the three trials show ambiguous evidence for the primary outcome of clinical improvement and moderate evidence against efficacy of remdesivir for the secondary outcome of mortality rate. We recommend that regulatory bodies take all available evidence into account for endorsement decisions.


Author(s):  
Ivana S. Domazet ◽  
Darko M. Marjanović

In the process of globalization of the world economy, foreign direct investment has a significant impact on economic growth and development of the national economy. To adequately facilitate the development of competitiveness, these countries usually intervene through measures and instruments of tax policy. One of the main tasks of developing countries is to create a favorable environment for investors, considering that this is one of the methods to ensure greater capital inflows. The main objective of this chapter is to assess the role of tax policy in achieving the competitiveness of developing countries. For the creators of tax policy, it is very important to constantly review the tax rules to ensure that the country is attractive for foreign investments. The results that were obtained indicate that tax incentives significantly influence the improvement of competitiveness and the attraction of multinational companies as a key holder of foreign direct investment.


2020 ◽  
Author(s):  
SENA KIMM GNANGNON ◽  
Susana Del Mar Ramírez

Abstract An important literature on the recipient-countries' export performance effect of Aid for Trade (AfT) flows has focused on the goods side. The few existing studies on the services exports effects of AfT interventions have reached mixed results, reflecting a positive or weak effect. The present study aims to complement these few studies by examining the effect of AfT flows on recipient-countries' share of services exports in the world services exports ('services export integration'), including through two main channels: their share of countries' merchandises exports in the world merchandises exports ('merchandises export integration') and the size of foreign direct investment (FDI) inflows. The empirical analysis, based on a sample of 105 countries over the period 2002-2016, has shown that these two channels definitely matter for the effect of AfT flows on countries' services export integration. Specifically, by fostering countries' merchandises export integration, AfT flows can promote their services export integration. Furthermore, promoting FDI inflows enhances the positive effect of AfT flows on countries' services export integration.


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