Search for over 100,000 study notes and past assignments!
Download study resources by swapping your own or buying Exchange Credits.
Reviewing Singapore’s Pharmaceutical Industry
7 Pages • Essays / Projects • Year: Pre-2018
In Singapore, the pharmaceutical industry is a key player in the national economy specializing in the production and marketing of medicinal drugs. Commonly referred to as pharmaceuticals, the industry has a variety of firms that deal with brand medication and generic drugs. The country is now witnessing a speedy growth in this sector occasioned by an improvement in R&D productivity and other medical technology in a period marked by improvement in medical science (Grindrod, 2015). This has improved the state of medical research by presenting broader perspectives of understanding disease in order to create the most appropriate curative drugs. As innovation in the field of medicine ensues, leading biomedical firms have identified strategic business opportunities in Singapore; GlaxoSmithKline and Takeda are notable pharmaceutical firms looking to capitalize on the growing market (Anderson, 2014). One of the driving forces pushing the country’s sector growth is the protection of intellectual property. Ultimately, the industry has had to overcome challenges such as rising consumer expectations and the end of the blockbuster era, which are weighing heavily on sector’s sustainable growth. Ultimately, the remarkable success observed in Singapore’s pharmaceutical industry is attributable to favorable government policy initiatives, rising demand of drug therapy, and innovation.
This document is 20 Exchange Credits
More about this document:
This document has been hand checked
Every document on Thinkswap has been meticulously hand checked to make sure it's correctly described and categorised. No wading through heaps of irrelevant content.
This is an Essay / Project
Essays / Projects are typically greater than 5 pages in length and are assessments that have been previously submitted by a student for academic grading.
What are Exchange Credits?
Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive credits. These can then be used to checkout other documents on Thinkswap.
We aren't happy till you're happy
Each document purchased on Thinkswap is covered by our Satisfaction Guarantee policy. If the document is not of an acceptable quality or the document was incorrectly described or categorised, Thinkswap will provide a full refund of Exchange Credits so you can purchase another document. For more information please click here.
Students are required to always deal ethically with work on Thinkswap
Studying from past student work is an amazing way to learn and research, however you must always act with academic integrity.
This document is the prior work of another student and has been made available to plagiarism detection tools. Do not copy from this work. Understand how you can responsibly use this work by visiting ‘Using Thinkswap resources correctly’.
Claim a Bounty
Similar documents to "Reviewing Singapore’s Pharmaceutical Industry" avaliable on Thinkswap
Documents similar to "Reviewing Singapore’s Pharmaceutical Industry" are suggested based on similar topic fingerprints from a variety of other Thinkswap Subjects