The International Pharmaceutical Industry and Less-Developed Countries

Sanjaya Lall

Chapter 7 in The Multinational Corporation, 1980, pp 161-198 from Palgrave Macmillan

Abstract: Abstract The pharmaceutical industry is today one of the most ‘multinational’ of modern manufacturing industries, and the firms which dominate it in the developed countries are present, in some capacity, in almost every less-developed country outside the Socialist bloc. It is a dynamic and important industry: indeed, the social importance of its products is such that in recent years it has been subjected to increasing enquiry and criticism in several countries, and it is a tribute to its strength that few of these criticisms have led to reforms in its basic structure.

Keywords: Foreign Direct Investment; Pharmaceutical Industry; Large Firm; Foreign Firm; Multinational Corporation (search for similar items in EconPapers)
Date: 1980
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DOI: 10.1007/978-1-349-05228-8_7

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