IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-29074-7_3.html
   My bibliography  Save this book chapter

The Global Pharmaceutical Industry and Developing New Drugs

In: Impact of TRIPS in India

Author

Listed:
  • Prabodh Malhotra

Abstract

The pharmaceutical industry is highly capital-intensive and research-intensive. Firms in this industry depend significantly on the pipeline of new drugs, which secure patents with a potential for high returns and profits on best selling drugs can be substantial. With its extensive R&D of new drugs, the pharmaceutical industry has contributed significantly to improving the length and quality of life (Schweitzer 1997). The pharmaceutical research is a high risk/high reward environment, in which, large MNCs dominate the industry (OECD 2001). Thus, priority-setting by large MNCs determines the direction of pharmaceutical research.

Suggested Citation

  • Prabodh Malhotra, 2010. "The Global Pharmaceutical Industry and Developing New Drugs," Palgrave Macmillan Books, in: Impact of TRIPS in India, chapter 3, pages 32-53, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-29074-7_3
    DOI: 10.1057/9780230290747_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-29074-7_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.