Based in Israel, Teva (TEVA, quote) has grown well beyond its traditional focus of manufacturing off-label drugs priced to cure the emerging world’s billions. Any self-respecting emerging markets trader needs to at least be aware of how this stock plays into the global economy — and when it makes sense to invest.
The Indian pharmaceutical industry is trying to find its place in a crowded global marketplace, and many companies will have to change strategies just to survive. Motital Oswal analysts recently met with Dr. Reddy’s Laboratories (RDY, quote) CEO G.V. Prasad to learn his plans for the next ten years.
Chinese and Indian drug makers are expected to enter the market for biotechnology medicines used to treat diabetes, cancer and other illnesses next year.