This paper examines the social cost of the pharmaceutical industry in South Africa. From a regulatory perspective the industry is seen to exhibit monopoly-like behaviour resulting in monopoly prices on the supply (manufacturing) side and diminished consumption on the demand (consumer) side. The...

Background: Active Pharmaceutical Ingredient (API) manufacturing is an important segment of the Indian pharma industry. India ranks third in terms of volume of medicines produced, and is a major global supplier of generic medicines. However, India depends heavily on the import of several raw...

India has one of the most advanced pharmaceutical industries among developing countires. Yet India is critically dependent on China for supplies of build drugs and drug intermediates with China accounting for about two-thirds of the total imports. In the early 1990s, China was relatively a minor...