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SWOT analysis of Bangladesh (pharmaceutical industry) Strength Weakness Opportunities Threat Cheaper medicines from India and China

Developing countries like Brazil is using compulsory licensing India has amended 1970's Patent Act as favorable as possible 97%of the medicines sold in India are offpatented Bangladesh will face tough competition after 2016

NDL favoring local Pharmaceutical Insufficient Developing countries are not industries production of raw allowed to produce patented materials drugs after January 2005 Sufficient local production Absence of No obligation to provide bioequivalence testing patent protection until 2016 and clinical trial under TRIPs facilities Manufacture hi-tech lyophilized Lack of qualified Advantages of compulsory Anticancer drugs, Hormones, Anti- scientist to carry out licensing retroviral CARV), Vaccines etc. Quality medicines Reverse engineering to produce API Parallel imports and Bolar provision contract manufacturing opportunities with multinational companies

Wide range of formulation

No connection between academic institutions and professional organization Nearly self sufficiency in quality API Poor knowledge of TRIPs and other related issues, Sufficient production capacity for contract manufacturing Exporting basic chemicals to many countries

Joint venture and toll manufacturing

Goods damage, theft Highly educated and skill and negative hassles human resources in the ports, High freight cost, Inferior country image.

Developing some other widely Government Abundant and competitive used APIs restrictions: -sample labor force and promotional materials - imported raw materials, process of duty drawback is lengthy and cumbersome, Absence of Government incentives: Cash incentives and tax exemption.( RMG sector is enjoying 50% exemption and India is providing 20% cash incentive to Pharma exporters -Export credit period should be extended.

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