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Pharma eyes biologics production in Brazil as the government begins to recognize the potential of these drugs.

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Prior to price escalation of pharmaceutical products in Brazil, the country's regulatory authority released a study on price-cap control and its benefits in the past years.

In recent years, large pharmaceutical companies have launched a variety of initiatives to restock ailing pipelines and boost business performance including mergers and acquisitions, diversifying business portfolios to non-pharmaceutical products, downsizing, spinoffs, and entering the biopharmaceutical arena.

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The Thai government is ramping up efforts to promote and develop the biotechnology sector in a bid to enhance its global competitiveness.