BANGALORE: The pharmaceutical industry in the country is insulated from the global economic slowdown, Biocon Chairman and Managing Director Kiran Mazumdar-Shaw on Tuesday said.
"The pharma industry in general was not impacted and instead was insulated from the economic downturn," Mazumdar- Shaw told reporters here.
"We in India can infact leverage the global approach to reduce cost of healthcare. India is already a popular health destination because of cost effectiveness," she said.
"(US) President (Barack) Obama's call for bio-generics and affordable healthcare heralds a new era for Biotherapeutics. Our pipeline of bio-generic monoclonal antibodies and insulins supported by strong manufacturing base, provides us with a unique opportunity to build partnerships with key players in this segment", she said
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