Indian Firms May Want To Slow March Into China

New markets are opening up for Indian firms and China appears to be the flavor of the season, but gaining a strong foothold there is not expected to be even "half as easy" as in the US.

China and India flags — • Source: Shutterstock

Indian pharmaceutical firms are flocking to China, after the Asian giant opened its doors to generics and unveiled a raft of favorable regulatory reforms including accepting foreign clinical trial data to support new drug approvals.

More than half a dozen front-line Indian firms including Sun Pharmaceutical Industries Ltd., Dr. Reddy's Laboratories Ltd.,