What does the future (i.e. economic forecast) most likely hold for the pharmaceutical industry worldwide?
A) Most of the R&D efforts will remain concentrated in the three major pharmaceutical markets in the world: the United States, European Union and Japan.
B) R&D activities are likely to move to the two most rapidly developing countries in the 21st century: India and China.
C) R&D activities are likely to become more diffused all over the world, with no major areas of concentration, as it is significantly cheaper to conduct clinical trials in low- or middle-income countries.
D) Most of the R&D efforts are likely to move to Africa, where the cost of conducting R&D is among the lowest.
E) Canada is likely to become one of the major centers of pharmaceutical R&D, as it recently started to recognize international patent protection.
Correct Answer:
Verified
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