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Relationship between R&D and Financial Performance in Indian Pharmaceutical Industry (Hardcover, 1st ed. 2022)
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Relationship between R&D and Financial Performance in Indian Pharmaceutical Industry (Hardcover, 1st ed. 2022)
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The book provides insight into different research and development
(R&D) activities performed by Indian pharmaceutical companies.
It describes how R&D activities have evolved in the last three
decades on Indian soil. The book discusses how emerging economy
like India has become the 'Pharmacy of the World' and how reputed
and research-centric Indian drug manufacturing companies are
aligning their business model by incepting the business idea as
'Innovate in India and Serve to the World'. Subsequently, through
successful implementation of the R&D activities and endeavors,
Indian pharmaceutical companies have been witnessing different drug
discoveries and innovations which have been performed in an
indigenous manner. Contemporary marketing strategies adopted by the
research-centric Indian pharmaceutical companies for selling
innovative drug products across the globe, attaining global
competitiveness, and maintaining a seamless supply chain through
export initiatives have also been discussed in this book. Finally,
the book figures out the relationship between R&D and financial
performance with the help of panel data analysis (PDA), an
econometric approach.
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