China Generic Drugmakers Poaching Indian Execs
publication date: Sep 3, 2015
In the competition between China and India pharmas, China's generic drug industry leads in the supply of APIs to global drugmakers, but India supplies more finished generic drugs to the world's marketplace. That may be changing. According to press reports, China drugmakers have begun hiring experienced Indian pharma execs, offering them two to three times their present salaries. The China companies are willing to pay at these levels because the Indian professionals have two skills the Chinese want: drug formulation experience and English. China's drugmakers want help as they target the western world's lucrative generic drug market. More details....
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