When Girls Take the Lead - Pharmaceutical Executive
When Girls Take the Lead - Pharmaceutical Executive
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.