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Pharma should move more R&D to China, India

Pharma should move more R&D to China, India Pharmaceutical companies should go to China and India to curb their spending on research and development, The Boston Consulting Group said on Thursday. China and India provide major opportunities for drug R&D but for very different reasons, Nicolas Kachaner, senior vice-president of BCG France said. Spending on R&D in the last quarter century had increased 11.8 percent a year to $880 million by 2001, while it took about 6-1/2 years to develop a drug in the 1990s and then sell it, compared with 2-1/2 years in the 1960s. Although more drugs are being

Bt cotton: Lessons India can draw from China

Bt cotton: Lessons India can draw from China Ever since MRTP Commission injuncted Mahyco Monsanto Biotech (India) Ltd (MMB) collection of trait value @ Rs 900 per 450gm of Bt cotton seeds and directed them to reduce the trait value to the levels of China, there has been lot of interest in the Indian media, farmers and seed industry about Bt cotton seed pricing and royalty collected in China. In China there are two different Bt cotton technologies available. The Bt technology, developed by Chinese Academy of Agricultural Sciences (CAAS), which is the apex agricultural research body of China, was

India no longer second to China

India no longer second to China India has moved up the perception ladder. From playing the catching-up game with China to acquiring importance equal to it, India has come a long way. The World Economic Forum East Asia Summit 2006 started with Asias growth model, and the accent was clearly on India and China. What stood out at the session was that both the countries were being discussed in the same breath and not as though one was in a higher league than the other. All the speakers were unanimous in their belief that India and China had become a force

India wants to compete better with China

India wants to compete better with China India is keen to grab opportunities from China in the booming offshore engineering services space, Chairman of NASSCOM R Ramalinga Raju said on Friday. Addressing an engineering services summit, organised by NASSCOM, he said India is putting greater focus on the engineering services segment, which he said, lays foundation for manufacturing. Pointing out that engineering services facilitate growth of manufacturing, he said India wants to compete better with a country like China, with a strong platform of engineering services. He said global companies are looking for a mitigating risk in the area of

India’s New Year message for China

India's New Year message for China This will be on top of the agenda when foreign secretary Shyam Saran travels to Beijing for talks with his counterpart Wu Dawei. It’s an important message and one PM Manmohan Singh stressed as he travelled to the first ever East Asian summit in Kuala Lumpur, a forum where some countries in East Asia are wondering whether the region will become a strategic battleground for India and China. "There is a misconception that India and China are competitors and this is not true," Manmohan had said on his way to Kuala Lumpur. "India’s relations with