The Pharmaceutical Industry and Healthcare Issues in Singapore

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Abstract

Establishment of regional headquarters in Singapore by a number of major pharmaceutical companies not only demonstrates the importance of the entire Asian region, but also affirms Singapore’s reputation as a premier business hub for Asia.

Despite the Asian economic crisis, the pharmaceutical market in Singapore has shown healthy growth in 1998. The excellent healthcare infrastructure and abundant medical expertise have attracted many multinational pharmaceutical companies to carry out clinical trials using Singapore as a base.

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