SPOTLIGHT: Phillipines courts Indian pharma

Please, please, please bring your plants here. The Phillipines is targeting India's fast-growing pharma industry with tax incentives and duty exemptions, hoping to get more cheap drugs into the hands of its poor. President Gloria Macapagal-Arroyo announced the investment incentives in Mumbai, saying her country is "bullish on 21st century India." Welcome to the party, Madam President. Report