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Market Brief

India's Pharma Companies Eye Chinese Market Amid Stifling Competition in U.S., an Industrial Info Market Brief

With growing competition in the U.S. pharmaceutical market, Indian pharma companies are scouting for partners in China, the world's second-largest drug market. Dr Reddy's, Aurobindo Pharma, Cipla, Lupin and Sun Pharma are looking at China as a big opportunity. Sun Pharma has already entered into licensing agreements with China Medical System Holdings to develop and commercialize drugs to treat psoriasis. With recent changes in regulation allowing quicker product approval and growth opportunities in China, Indian companies are gearing up for the Chinese market, which is dominated by local manufacturers. This new market for Indian companies may spur capacity building through implementation of large-scale capital projects in India. Industrial Info is tracking 696 projects in India's pharmaceutical and biotech sector. Click here for a list of projects and see graph below for a breakdown by sector.

Released Wednesday, August 28, 2019

India's Pharma Companies Eye Chinese Market Amid Stifling Competition in U.S., an Industrial Info Market Brief
With growing competition in the U.S. pharmaceutical market, Indian pharma companies are scouting for partners in China, the world's second-largest drug market. Dr Reddy's, Aurobindo Pharma, Cipla, Lupin and Sun Pharma are looking at China as a big opportunity. Sun Pharma has already entered into licensing agreements with China Medical System Holdings to develop and commercialize drugs to treat psoriasis.

With recent changes in regulation allowing quicker product approval and growth opportunities in China, Indian companies are gearing up for the Chinese market, which is dominated by local manufacturers. This new market for Indian companies may spur capacity building through implementation of large-scale capital projects in India.

Industrial Info is tracking 696 projects in India's pharmaceutical and biotech sector. Click here for a list of projects and see graph below for a breakdown by sector.
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