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Globalization in the pharmaceutical industry, Part I

C Casadio Tarabusi1, G Vickery

  • 1Publications Service, OECD, Paris, France.

International Journal of Health Services : Planning, Administration, Evaluation
|March 11, 1998
PubMed
Summary

This study examines the pharmaceutical industry

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Area of Science:

  • Pharmaceutical industry analysis
  • Health economics
  • Industrial organization

Background:

  • The pharmaceutical sector is a significant global industry.
  • Understanding its dynamics is crucial for policy and investment.
  • Previous analyses may not capture current trends comprehensively.

Purpose of the Study:

  • To provide a comprehensive overview of the pharmaceutical industry's characteristics.
  • To analyze current trends in industry growth, structure, and international trade.
  • To establish a baseline for subsequent discussions on foreign direct investment and policy.

Main Methods:

  • Descriptive analysis of industry data.
  • Review of economic and structural characteristics.
  • Examination of international trade patterns within the sector.

Main Results:

  • Detailed overview of pharmaceutical production, consumption, and employment.
  • Analysis of research and development (R&D) investment and firm concentration.
  • Trends in pricing, capital investment, and product competition identified.
  • Intra- and inter-regional, intra-firm, and intra-industry trade patterns discussed.

Conclusions:

  • The pharmaceutical industry exhibits complex growth and structural dynamics.
  • International trade plays a multifaceted role in the sector's global operations.
  • This foundational analysis sets the stage for deeper dives into investment and policy implications.

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