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The Drug Companies' Expansion Into Emerging Markets
Profit, Drugs, and International Markets
Chelala, Cesar http://www.counterpunch.org/2013/10/18/drug-companies-expansion-into-emerging-markets/
Publisher: CounterPunch
Date Written: 18/10/2013
Year Published: 2013
Resource Type: Article
Faced with declining prescription drug sales in the U.S., and having lost patent protection for many profitable drugs, the drug industry is relying increasingly in new markets such as China and other fast developing countries, such as those in Africa. That expansion, however, is oftentimes tainted by unsavory commercial practices.
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