India is considering making it harder for foreign investors to acquire companies in its pharmaceuticals sector, in a bid to protect the country’s thriving market for low-priced generic drugs.
Such a move could restrict multinational pharmaceutical corporations’ access to a fast-growing emerging market at a time when they are dealing with aging drug pipelines and sluggish growth in the West. Any regulatory actions, however, may be tempered by concerns among some in the Indian government that a drastic move would send a signal that New Delhi is wavering in its commitment to economic liberalization.
please read this report
Hi Mr Durga,
I was wondering if it would be a good idea to post, threads like this in this area:
http://www.askaboutvalidation.com/forum/forumdisplay.php?103-INDUSTRY-NEWS
We have created it specially for industry news.
Cheers!
[quote=DURGA PRASAD]India is considering making it harder for foreign investors to acquire companies in its pharmaceuticals sector, in a bid to protect the country’s thriving market for low-priced generic drugs.
Such a move could restrict multinational pharmaceutical corporations’ access to a fast-growing emerging market at a time when they are dealing with aging drug pipelines and sluggish growth in the West. Any regulatory actions, however, may be tempered by concerns among some in the Indian government that a drastic move would send a signal that New Delhi is wavering in its commitment to economic liberalization.
please read this report
[/quote]