New measures put pressure on drug makers, importers and distributors
South Korea’s latest moves to make drugs more affordable are slowing down the growth of the pharma market in the country and maybe hurting sales of new and innovative drugs.
BMI Research predicts South Korean pharmaceutical will grow at 2.4% for the next 10 years, 1% less than expected. Elise Mak wrote about the changes in BioWorld (paywall) on May 4.
31 March 2016
Looking to the future
This year’s BOAO Forum for Asia (BFA) has a theme of Asia’s New Future: New Dynamics, New Vision.
This time, the 17th annual gathering of leaders and industry professionals in Asia covers areas such as inclusive finance, disruptions of traditional business and economic models, new banking practices, regional cooperation and growing links through reforms and initiatives.
Australia’s life science sector outperforms in research… falls short on commercialisation.
It is no surprise that the life science sector including pharmaceutical, medical devices etc. is one of the hottest investment destinations. Last month, Australian investment company Brandon Capital closed the largest life science fund to date in Australia after raising A$200 million (US$155 million). The fund is set to fill the funding gap of the country’s medical technology commercialisation.
30 January 2015
Lower subsidies cut government costs and could help build infrastructure
Cheap oil has helped Indonesia eliminate punishing subsidies and while the move is likely to bump inflation up, it will also free up a about US$21 billion that the government can now spend on infrastructure or social programs.
All this is good news for the economy, which is still making a comeback from a mini-crisis in 2013. Growth this year is expected to be in the 5.5% range, around the same level as Malaysia. Inflation could average out to 4%.
Speaking during the Asian Financial Forum in Hong Kong, the deputy governor of Bank Indonesia Perry Warjiyo said the country’s central bank is more likely than not to keep its policy rate steady at 7.75%. As this piece in Asia Insight, a Market News International publication, points out things are looking good for the largest economy in Southeast Asia.
29 April 2014
The chaotic Latin American market is key to publications in a wide range of areas and is one that those with a focus on Asia often overlook. It is difficult to say why people in Asia are so focused on their own backyard, but they ignore an entire continent of some 700 million people that runs from Mexico to Tierra del Fuego, but they do.
There are opportunities there. There are opportunities to develop new markets, to sell more products, to find new ideas and to develop fruitful partnerships and relationships.
Over the past few months our work has taken us to Latin American markets with publications from the U.S. and Europe looking to expand their coverage there. What we have found is opportunities in markets that are often chaotic, frequently bureaucratic, not always law abiding but populated by educated workforces with creativity and drive.
29 April 2014
A “mix of policy liberalization and changing commercial realities in the Chinese marketplace” have led to a boom in Chinese foreign direct investment (FDI) in the US, but these investments are complicated by mistrust, national security concerns and widespread fears that Chinese firms have unfair advantages.
A new report suggests Chinese FDI in U.S. high tech may not be as scary as popular opinion there would have us believe.