The Battle over Global Drug Markets: Enforcement of Pharmaceutical Patents in the United States, Europe and Japan
The pharmaceutical industry is one of the most productive and competitive industries in the world. Many of the large pharmaceutical companies (often termed ‘Big Pharma’) base their primary operations in the USA and maintain extensive facilities in countries around the world. Pharmaceutical research is, therefore, an activity of global importance. The intensely competitive and global nature of Big Pharma, and the pharmaceutical industry in general, make pharmaceutical product innovation and development a crucial determinant of any company’s success.