Welcome to the News Room

Generating biopharmaceutical Competitiveness and Investment in emerging markets – Insights from the ground up with the 2019 Emerging Markets BCI survey

Posted by:

In the global competition for biopharmaceutical investment policy environments either enable or hinder an economy’s capacity to compete. Today who is winning this race and who is trailing? What aspects of individual economies’ environments are providing momentum and what is holding them back? And ultimately, how can governments improve their competitiveness and secure a larger piece of global biomedical investment?

To answer these questions we turned to biopharmaceutical country executives, who are at the forefront of understanding how different aspects of the local policy environment factor in when discussing whether to allocate further resources in the economy. The 2019 Emerging Markets Biotechnology Competitiveness and Investment (BCI) Survey is a global executive opinion survey and index of the biomedical investment attractiveness in 17 fast-growing emerging markets in the world.

The Asia Pacific region hosts both the best and worst performing economies; and the distance between them is deepening, driven by continuous reforms in economies that area ahead in the biopharmaceutical investment race, and worsening conditions in countries that already lag behind. No ‘pace-setter’ emerged in Latin America. At varying degrees, all the seven Latin American countries surveyed are struggling to compete for foreign investment and to develop an active and thriving bioeconomy. Chile and Costa Rica have taken the most consistent steps to leave this Latin American ‘limbo’. Yet, also for them more is needed for a local research-based industry to take off. In the MENA region, Israel is setting the pace of biopharmaceutical innovation, and Kuwait and the UAE are at different stages in their efforts to match it.

Biopharmaceutical investment means countries can keep pace with public demands for best-in-class healthcare. Insights from the 2019 Emerging Markets BCI Survey can help Governments develop a thriving biopharmaceutical industry and meet the evolving challenges of their healthcare system.

The Executive Summary can be accessed in our Research & Analysis Reports Page


About the Author:

David’s focus is policy and economic analysis related to innovation, health care, pharmaceuticals, tax and intellectual property. He has wide experience in quantitative research methods including index-building and data sampling and is the author of a number of both academic and commissioned publications. David’s knowledge spans from North America and Europe to the BRIC economies, and he speaks fluent Swedish. Prior to his work with Pugatch Consilium, David was with Deloitte LLP where he worked on a broad range of UK and international tax compliance and advisory projects. David holds a Master of Studies and DPhil (PhD) from Oxford University.
  Related Posts
  • No related posts found.