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Strategies for internationalisation in Pharma

Author

Listed:
  • J.-L. Cayssials
  • M. Ranvier

Abstract

The French pharmaceutical industry is highly internationalised and its production ranks third in the European Union. The strategies of the top 367 multinational companies fall into three distinct economic models based on the way their trade is oriented. These compagnies contribute significantly to current account surpluses, with a surplus of EUR 6 billion in 2012.

Suggested Citation

  • J.-L. Cayssials & M. Ranvier, 2016. "Strategies for internationalisation in Pharma," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 42, pages 25-40, Summer.
    • Handle: RePEc:bfr:quarte:2016:42:02
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    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/quarterly-selection-of-articles_42_2016-summer.pdf#page=25
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    More about this item

    Keywords

    globalisation; multinationals; exports; imports; direct investment; Pharma;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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