Report
Overview
Indian
pharmaceutical companies are grabbing headlines
on an almost daily basis and are increasingly carving
out market shares for themselves in the US and many
other markets around the world. Several leading
Indian pharmaceutical companies have applied themselves
to the challenge of entering Western markets with
great success. These companies now present a very
serious threat to the existing Western generic companies
in their domestic markets as they take ever-larger
market shares and increase the levels of competition.
The
Challenge from Indian Generic Companies
Why has this challenge arisen - what advantages
do Indian companies enjoy that enable them to compete
so successfully with Western generic companies?
It
is the purpose of this report to answer that question
and to provide Western pharmaceutical companies
and others that are interested by this phenomenon
with some explanation of the background. It will
also offer some guidance as to how companies might
deal with what some see as a threat and others view
as a welcome source of low-cost generics.
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