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When Girls Take the Lead - Pharmaceutical Executive

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www.focusreports.net<br />

Brazil Report<br />

The future of Brazil’s pharmaceutical industry?<br />

S21 FOCUS REPORTS OCTOBER 2007<br />

credit Centaflora<br />

SPONSORED SUPPLEMENT<br />

have changed. We have to do our best efforts to change this comfortable<br />

position and try to innovate.”<br />

APIs Lag Behind<br />

Unlike India, Brazil is building a strong generics sector with little<br />

innovation and almost nonexistent export activities. The<br />

country still lacks a strong API industry-most companies aren't<br />

vertically integrated so <strong>the</strong>y have to depend on API imports,<br />

which mainly come from China, India, and Europe. “Brazil<br />

imports U$200 million of API and <strong>the</strong>y can produce 600 million,”<br />

observes Jose Correira Silva, president of Abiquif, an<br />

association of APIs whose goal is to enhance exports. “Only 15<br />

to 20 percent are destined for <strong>the</strong> export market,” he adds. Silva<br />

notes that in Brazil most MNCs import <strong>the</strong>ir API from company<br />

headquarters. “API manufacturers in Brazil want to be similar to<br />

<strong>the</strong> ones produced in Italy or Korea and this will take about 10<br />

years.” “The Lula government is promoting today <strong>the</strong> manufacture<br />

of API and o<strong>the</strong>r fine chemistry products,” adds Nelson<br />

Brasil de Oliveira, vice-president of Abifina, ano<strong>the</strong>r association<br />

for APIs. Brazil has a vast opportunity to be a big API producer<br />

if <strong>the</strong> right polices are implemented. “Brazil today doesn't need<br />

money per se, we are aiming to attract companies to invest in<br />

infrastructure, technology, and innovation”, he adds.

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