Comments on: China Muscles In On The Generics Industry http://www.pharmalot.com/2008/05/china-muscles-in-on-the-generics-industry/ News, Comment and Conversation Fri, 10 Feb 2012 21:16:54 +0000 http://wordpress.org/?v=2.6.2 By: Sanford Kimmel http://www.pharmalot.com/2008/05/china-muscles-in-on-the-generics-industry/#comment-357373 Sanford Kimmel Tue, 27 May 2008 16:39:37 +0000 http://www.pharmalot.com/?p=13609#comment-357373 Price is not everything! Although many electronics and clothing items are now made in China, the track record of Chinese companies in ensuring quality and safety for products meant for internal use has been notorious as of late. Items such as tooth paste, dog food, herbal products and even toys have been contaminated by heavy metals and other ingredients. Importers and purveyors of Chinese products must include the cost of continuous quality monitoring in their bottom line. Human life is not cheap! Price is not everything! Although many electronics and clothing items are now made in China, the track record of Chinese companies in ensuring quality and safety for products meant for internal use has been notorious as of late. Items such as tooth paste, dog food, herbal products and even toys have been contaminated by heavy metals and other ingredients. Importers and purveyors of Chinese products must include the cost of continuous quality monitoring in their bottom line. Human life is not cheap!

]]> By: Ashok Bendre http://www.pharmalot.com/2008/05/china-muscles-in-on-the-generics-industry/#comment-357065 Ashok Bendre Tue, 20 May 2008 15:35:25 +0000 http://www.pharmalot.com/?p=13609#comment-357065 The China threat in the generics area is something for the pharma companies in India to seriously take note of. It is true that the pharma majors in India maintain world class manufacturing quality standards. It is also true that the India pharma companies have strong R&D capabilities for innovation, and, will be able to move into more complex, high value generics. The one thing the India pharma companies must guard against is the temptation to take short cuts to improve their short term profit margins. The reputation of any company, whether U.S or foreign, once besmirched, is very difficult, if not impossible, to repair. The Chinese companies are a prime example of companies tainted by substandard, outright adultrated, and/or, contaminated products, unfit for human consumption, manufactured and shipped overses. The Chinese companies will find it a long and hard slog to gain acceptance in the pharma marketplace. The China threat in the generics area is something for the pharma companies in India to seriously take note of.

It is true that the pharma majors in India maintain world class manufacturing quality standards. It is also true that the India pharma companies have strong R&D capabilities for innovation, and, will be able to move into more complex, high value generics.

The one thing the India pharma companies must guard against is the temptation to take short cuts to improve their short term profit margins. The reputation of any company, whether U.S or foreign, once besmirched, is very difficult, if not impossible, to repair.

The Chinese companies are a prime example of companies tainted by substandard, outright adultrated, and/or, contaminated products, unfit for human consumption, manufactured and shipped overses. The Chinese companies will find it a long and hard slog to gain acceptance in the pharma marketplace.

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