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Some initial uncertainties like language/cultural barrier, ethical and Intellectual Property issues stall the outsourcing process. However, other benefits like overall cost savings especially in R&D and clinical trial, cheaper skilled labor and increased turn around time for drug approval encourage outsourcing. There is increased evidence that suggests that Pharma outsourcing to India and China is thriving and will continue into the future.
Asia, a Haven for U.S. Pharmaceutical Companies Outsourcing
Outsourcing is the concept of taking ones internal company functions and paying an outside firm to handle them...
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