| Global Chemicals & Pharmaceuticals |
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CLINICAL TRIALS INDIA |
RMB 8,500 |
India
is fast-emerging as an attractive destination for clinical trials. Today, the
market value of clinical research outsourced to India is estimated at US$100
million. A clinical trial is a costly as well as time-consuming process. The
cost of conducting clinical trials for a specific drug ranges between US$350
and US$500 million. Now about 20 organizations in India specialize in clinical
trails. These companies have the skills to comply with standards such as
ICH-GCP guidelines. Currently, 20 to 30 per cent of the clinical development
activity is outsourced to Clinical Research Organizations (CROs) in developing
countries such as India due to lower costs. The cost of conducting clinical
trials in India ranges between 20 and 60 per cent of the cost in western
countries. According to industry sources, a volunteer in a developing country
is paid between US$70 and US$350, based on the nature of the study, for
participating in three studies a year. By contrast, volunteers in western
countries are paid relatively higher amounts. ......
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GLOBAL PHARMACEUTICALS |
US$ 1,000 |
It
is the best of times and worst of times. The global pharmaceutical industry
made a series of scientific breakthroughs that enriched our lives. Companies
turned problems that troubled mankind for centuries into opportunities. Drugs
that fight obesity and impotence have turned out to bestsellers. Shepherding
these drugs from the laboratory to the neighborhood drug store has not been an
easy job. Pharmaceutical companies had to crash through knowledge barriers,
navigate regulatory minefields and overcome marketing challenges for making
these drugs a reality. On the flip side of the coin, healthcare funding is
snowballing into a major issue in the Developed countries. Poor countries,
meanwhile, are having troubling accessing essential drugs in the first place.
Quietly nibbling away at the foundations of our society are killer diseases
like Aids. Indeed the times are heady, but equally formidable are the
challenges.......
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| INDIAN PHARMACEUTICALS |
US$ 1,000 |
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| INDIAN PHARMA COMPANIES |
US$ 1,000 |
Globally,
pharmaceutical industry grew at a compounded annual growth rate (CAGR) of 9.1
per cent in the last 23 years to US$491bnpowered by a string of
innovative blockbusters. It is an industry characterized by huge investments in
drug discovery and development. In the recent past, falling research
productivity triggered off a series of mega mergers. Multinationals fixated
upon mergers and acquisitions as a way of fattening their research pipelines.
This at best represents a short term solution. Multinationals are trying to
raise research productivity by pursuing contract research opportunities and
striking alliances with biotech companies and academe. With a slew of
blockbuster drugs losing patent protection in the next few years and
governments pressing for pharmaceutical price cuts, multinationals today
find themselves under more immense pressure to find new drugs and slash
costs.......
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| GLOBAL BIOTECHNOLOGY |
US$ 1,000 |
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Biotechnology industry is still at its infancy stage and it has not unleashed
its entire potential. However it is consistently enriching lives and industry
through innovations and breakthroughs.
Traditional standards to identify industry do not hold true in biotechnology industry due to the very nature of the industry. This industry is classified on the basis of their processes rather than output. Besides many research based companies are having revenue stream based on their research and not the product output. Biotechnology industry is taking up its shape gradually, first it has introduced in healthcare and second raked into agriculture. It has started taking the third step into other industries collectively clubbed under the umbrella of bioindustry. It is possible because of biological processes and their products are best factories to synthesize compounds of human needs........ More |
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| GLOBAL CHEMICALS |
US$ 1,000 |
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Chemicals touch every part of our lives. They are everywhere from salt on the
table to the teflon coating on pots and pans to fertilizer in the soil to the
air above the soil, everything is a mix and match of atoms and molecules. No wonder, the chemical industry is often called the keystone industry because it is the source of raw materials for most industries. Global chemical industry excluding pharmaceuticals is worth US$1185 billion. North American market accounts for nearly 22 per cent of the market while Europe has a share of 45 per cent. Asia pacific, meanwhile, has a share of about 26 per cent. Among countries, US is the largest producer of chemicals on the globe. Broadly, chemical industry includes commodity chemicals, specialty and fine chemicals, agrochemical and fertilizers, and finally industrial gases. Commodity chemicals is of course the largest with a share of 52 per cent, followed by specialty and fine chemicals with a share of 35 per cent, and agrochemical and fertilizers with 9 per cent. The balance four per cent share is accounted by industrial gases....... More |
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| GLOBAL OIL & GAS |
US$ 1,000 |
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Oil and gas industry meets two-thirds of primary energy needs. It powers
automobiles, run power plants and provides building blocks for petrochemicals.
The discovery of oil reserves in Middle East has bestowed economic prosperity
on almost all its constituent countries. A similar wealth creation story is
likely to unfold in Russia and Kazakhstan. It all started in a small way in 1859 when American Industrialist George Bissel hired Colonel Edwin Drake to find the source of oil seeps in Western Pennsylvania. Drake dug a well near oil creek in Pennsylvania struck oil and laid the foundation for oil and gas industry. From such humble beginnings, the industry grew in size and complexity. Now daily oil production runs into millions of barrels. In a short span of time, oil has gone from a commodity to a strategic good that decides the economic fate of nations. If the Arab oil embargo of the early seventies revealed the extent of our dependence on oil, the uproar and panic over the recent upsurge in oil prices showed that little has changed over the last three decades....... More |
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