New geography of the world pharmaceutical industry: trends of the development

Aim. The purpose is to reveal the spatial regrouping of forces in the architecture of the global pharmaceutical industry at regional and global levels.

Methodology. The analysis of available sources (UNIDO. Industrial Development Report 2020; “Torreya’s Pharma 1000 Report. 2021”; “COVID-19: The Great Reset” 2020 and others) was carried out. Statistical data (“Science and Engineering Indicators” 2022; “Global pharmaceutical industry – statistics & facts” 2022; “Fortune Global 500”) were used. А comparative analysis of indicators in the dynamics of the beginning of the 21st century was applied.

Results. Spatial changes in the global pharmaceutical industry since the beginning of the 21^st century are assessed. The regions-leaders and countries-leaders of the industry are designated. The role and positions of the largest pharmaceutical corporations in the Fortune Global 500 rating are characterized. The high level of monopolization of the industry’s production capacities is shown. The main directions of the development of the world pharmaceutical industry are outlined. The factors determining them are indicated.

Research implications. The Asian region is currently the leader in the global pharmaceutical industry. However, the United States holds the leading position in the pharmaceutical industry. But China has already taken the 2^nd place in the world, ahead of many highly developed countries. At the same time, China’s share in the output of the pharmaceutical industry in the Asian region exceeds 65%. Theoretical and practical significance of the study on identifying the spatial regrouping of forces in the global pharmaceutical industry is due to the fact that the recommendations on using the experience of industry development in the leading countries (primarily in China) can be used by Russian pharmaceutical companies and regulatory authorities in the healthcare sector. The results of the paper can be used in the educational process in universities.

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