Despite a rich patient base and traditional strengths in the life sciences industry, India is no longer attracting as much clinical research as other up-and-coming markets like China and Korea due to policies that cause multinationals to turn elsewhere in an increasingly competitive space, according to delegates at the annual USA-India Chamber of Commerce Biopharma Summit May 11.
Unlike China, where Big Pharma is willing to cope with adverse R&D policies due to the large commercial opportunity and massive government funding, countries like India must put in place proactive policies to attract global clinical
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