Multinational pharmaceutical corporations are searching for means to broaden their capacity for drug development while decreasing costs. Pharmaceutical firms in India and China are increasingly forging partnerships with these corporations to gain revenue and to develop their own expertise. These...

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...

This paper uses macro-level data between 1997 and 2008 to evaluate the effects of China's pharmaceutical price regulations. We find that these regulations had short-run effects on medicine price indices, reducing them by less than 0.5 percentage points. The effects could have been slightly...