Southeast Asia as a region of new pharmaceutical development
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Southeast Asia as a region of new pharmaceutical development
Annotation
PII
S032150750018300-2-1
Publication type
Article
Status
Published
Authors
Varvara Akimova 
Occupation: Research Fellow
Affiliation: Lomonosov Moscow State University, RANEPA
Address: Russian Federation,
Ekaterina Paramzina
Occupation: Student
Affiliation: Lomonosov Moscow State University
Address: 1, Leninskie Gory, Moscow, 119234
Edition
Pages
62-70
Abstract

The article is dedicatedto the geographical analysis of the pharmaceutical industry in the countries of Southeast Asia, a region that has undergone serious changes over the past twenty years in the context of fierce competition on the international drug market. It was revealed that initially the development of pharmaceutical industry in the region took place under the influence of world multinational corporations, the production of medicines was focused exclusively on an external consumer and had an isolated spatial pattern. Subsidiariesof big pharmaceutical TNCs were located in such a way as to gain a competitive advantage in the form of cheaper labour and, at the same time, to minimize transaction costs for transporting locally produced medicines directly to the points of sale. Subsequently, the growth in the paying capacity of the local population led to the formation of a stable, albeit unevenly distributed intraregional demand, with a high potential for further expansion.Therefore, today the development of pharmaceutical industry in the countries of Southeast Asia is characterised as multi-scaled. As global value chains in the industry become more complex and advanced, there is a steady trend of a gradual deepening of intraregional ties.The countries of Southeast Asia still differ significantly in terms of the degree of maturity of the national pharmaceutical industry and domestic drug markets.These both criteria were used as the basic ones to create the typology of the countries of Southeast Asia according to the level and type of development of their pharmaceutical industry.

Keywords
Southeast Asia, pharmaceutical industry, drug production, pharmaceutical market
Received
21.06.2021
Date of publication
28.01.2022
Number of purchasers
14
Views
1707
Readers community rating
0.0 (0 votes)
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