European countries hailed as top locations for business
The need to reduce costs and grow profits, coupled with relatively less barriers to trade, are the sparks of the ongoing globalisation in the pharmaceutical manufacturing industry. As such the rankings and analysis from the highly respected organisation provides a ready guide to which countries have cut the red tape and might be prime locations for setting up drug manufacturing plants.
Switzerland topped the competitiveness league table, ousting the US who fell from first to sixth position on its ranking compared to the previous report compiled by the WEF - a non-profit business think-tank at the forefront European countries of the globalisation movement.
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