The Economic Times is carrying a story on recent trends in the Indian Pharma Industry, that indicate that a significant number of scientists are leaving their overseas posts to come back to work in India's booming Industry.
As salaries in India have shot up, more and more pharma scientists are giving up lucrative jobs in the USA and other adopted countries to return to India and join research institutes and hospitals, reveals a study by the Charities Aid Foundation of India (CAF).
Of some 250 research scientists working at Dr Reddy’s Laboratories, 20 have returned from foreign shores. They are involved in new drug research. At Lupin Laboratories, four scientists came from the USA to join research in natural product chemistry. Ten of the 80 researchers in Nicholas Piramal have come from abroad and Wockhardt has weaned away 10 scientists for biotechnology, new drug research, chemistry and pharmacology.
Also has a nice overview of the current state of the Indian pharma Industry.