Avantika Chilkoti of Financial Times raises a worrying issue in the pharmaceuticals industry: can companies really make up for their R&D expenditures by relying on emerging markets? It is not that easy, apparently. The forecasts made by the companies were not able to predict the real situation in the emerging market countries. Emerging market governments are tend to favour the local economy. Hence it might take time for the big pharmaceuticals to fully integrate into these markets.
Read the full report and analysis at the following link:
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