IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

India Faces Challenges to Growth, Including Competition from China

12:35 PM MDT | July 25, 2007 | Deepti Ramesh

the Indian pharmaceutical industry is poised for further growth but the sector must overcome major challenges, say pharma industry experts attending the Chemical Weekly 9th Annual Business Outlook Conference, held last week in Mumbai. Experts say that India lacks project management capabilities. Investment in R&D is increasing in India, but R&D productivity has not increased substantially, they say. This is reflected in the relatively low number of U.S. FDA approvals for pharma products made in India, they add. There is a need for more investment in drug...

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