The World's Pharmaceutical Industries

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This perceptive book offers a comprehensive study of the pharmaceutical industry, highlighting its profitability and the life-saving drugs it produces. Currently, the industry is undergoing significant restructuring, characterized by specialization and increasing internationalization. Both government regulators and pharmaceutical firms are challenged to enhance consumer confidence in industrialized nations while ensuring better access to essential drugs in developing countries. The text explores the growing connections between multinational corporations and smaller firms, addressing conditions in both industrialized and developing regions. It emphasizes the inter-relationships among research and development, production, and marketing. The analysis is grounded in detailed information collected by UNIDO statisticians regarding production, trade, investment, and cost structures. A database was created from responses of national statistical offices in over one hundred countries, resulting in a wealth of empirical evidence that provides a more thorough understanding of the industry than typically available. This book will be valuable for government officials, special interest groups focused on health care, public policy, corporate executives, and university economists and researchers interested in industrial economics.