An investigation conducted by the U.S. Food and Drug Administration found a significant percentage of drugs touted as Canadian and shipped from Internet pharmacy websites claiming to be Canadian were not actually from Canada.
The California-based Scripps Research Institute has told Palm Beach County commissioners that it now prefers to build its planned biotechnology park at the Florida Atlantic campus in Jupiter, a decision that came two weeks after construction on the original site near the Everglades was halted.
With the US in regulatory limbo, Europe is winning the race to be the first regulated drugs market to approve generic copies of biotech drugs – despite the protests of the biotech pioneers who created them.
Offshoring labor to countries with cheaper labor and relaxed regulatory schemes has devastated industries such as textiles and manufacturing – and stands to do the same for much of biotechnology R&D. Read this essential series of articles to learn more about the potential and impacts of offshoring in biotechnology, and way to deal with this inevitability.