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Indian pharma firms trail global peers in R&D: Report
The Daily Guardian
|October 21, 2024
The largest disparity was observed in the number of publications per billion USD revenue, with global firms producing 8.4 times more publications than Indian firms, the report noted.
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Indian pharmaceutical firms are falling behind their global counterparts across key performance indicators, including R&D intensity, the proportion of PhD employees, and the number of patents and publications generated per billion USD of revenue, according to a report by the Foundation for Advancing Science and Technology (FAST India) in collaboration with IIFL Securities.
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