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Health Affairs, 27, no. 4 (2008): 1028
doi: 10.1377/hlthaff.27.4.1028
© 2008 by Project HOPE
 
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Biotech & Drugs

PROLOGUE

Biotechnology And Drugs


The first 100 words of the full text of this article appear below.

The rise of global trade presents new opportunities and pitfalls for many once-poor nations largely denied economic prosperity in the past. They now compete for overseas markets in industrialized countries—and consumers in those countries benefit from lower prices. But globalization typically has a darker side as well. Both sides of the story are evident in the pharmaceutical industries of China and India.

For years these countries have been leaders in the low-cost production of both active pharmaceutical ingredients and the fillers that go into medicines. In China, there are now more than 5,000 companies manufacturing low-cost drugs for domestic and . . . [Full Text of this Article]


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