Updated By: LatestGKGS Desk
According to the survey conducted by the Pharmaceutical Research and Manufacturers of America it was found that the Indian pharmaceutical countries have been ranked low at the 19th position with an overall score of 59 out of 100.
The five conditions onto which the decision was taken were scientificcapabilities and infrastructure , clinical research conditions and framework, market access and financing, regulatory system and effective intellectual property protections.
The survey was made in two categories like the mature markets US , UK and the developing or the newcomers China, Brazil and India.
India, China, Argentina and several other countries were marked as trailing markets.
India scored low in almost all aspects except infrastructure, scientific capabilities and clinical research and framework.
US was at the top of the list and Singapore scored the second position by scoring 80 out of 100.
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