Few years ago Pharma companies in India “genericized” drugs for AIDS. Many thought it was a bad business decision. However, others thought this was service to humanity. Many of India’s pharma entrepreneurs have been able to profit and service humanity. In US, there has been a squabble about use of the stem cell. Others are using the stem cell therapy to serve humanity. Fortune magazine’s October 24, 2007 issue covers the use of stem cell to restore “eye sight.”
This is “WOW” contribution. Interestingly the stem cell procedure for eyes is being done at Hyderabad, an IT hub of India.
Is IT a Catalyst for India’s Drug Industry? http://www.pharmamanufacturing.com/articles/2007/155.html
gives us additional clues.
Girish
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