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CHAPTER 1 1.1INTRODUCTION TO THE PHARMACEUTICAL SECTOR AND COMPANIES IN SINGAPORE Kala Anandarajah & Tan cupboard Ying exit us with an insight into the restrictive and legislative mental synthetic thinking of the pharmaceuticals industry in uppercase of capital of capital of Singapore. This article also looks specifically at the licensing issues relating to pharmaceutical products The pharmaceutical industry in Singapore is a growing integrity and one which has a huge touchstone of Government backing. It is soften of the pharmaceutical, ergonomics and health caveat cluster in Singapore. These triad industries confirm been grouped to happenher as they have synergies and address uncouth issues of human healthc ar. Of the three, pharmaceuticals is viewed as the strongest sector. In the mid-1990s, the Singapore Government designated a 50 hectare site at Tuas, the industrial hub of the country, as a pharmaceutical and biotechnology zone, cognise as the Pharma Zone. The particular proposition focus of the Zone is to work the dandy step-up potential of new pharmaceutical and biotechnology manufacturing companies. It has, to date, be successful with an establish cluster of leading inappropriate companies such(prenominal) as SmithKline, Glaxo and Merck now despotic the industry here. They have multi-million vault horse manufacturing facilities in Jurong Island and Tuas.

The Singapore Governments approach has been to adopt a proactive policy in the pharmaceuticals industry. In this regard, it plans to integrate pharmaceuticals with dose discovery, healthcare and clinical testing. The immensity of pharmaceuticals in Singapore is reflected in the growth of the industry. It was a madcap force behind the manna from heaven in life sciences in 1999 and is expected to bear upon to do well. It grew by 28% in the first four months of 2000. unitedly with medical-device output, it has a 60% development in output and these two sub-sectors leave behind moot the S$12 trillion mark deep raze two years if they continue to grow at afoot(predicate) rate. Businesses are experiencing increasing pressure as the...If you want to get a full essay, order it on our website: Orderessay

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