The world market for drugs is large and growing. At the end of 2011, global sales of pharmaceuticals topped $950 billion. The United States (US), Canada, European Union 5 (EU5 1 ) and Japan account for almost 85% of pharmaceutical sales (IMS, 2012a) with the balance of the market spread across the rest of the world (ROW). With the consolidation of major corporations and the emergence of small worldwide pharmaceutical enterprises, the face of the pharmaceutical industry continues to evolve. Within this changing global landscape, individual countries and regions continue to have unique regulations and guidances that drug companies must follow for product approval in those regions. Although the larger markets are often the first that are targeted for regulatory submission and approval, this does not mean that an applicant should minimize the regulatory requirements of other areas, in particular those of the "Pharmerging" markets such as India, South America and China. These markets are expected to expand significantly over the next five years and potentially outpace the growth in the more traditional geographic regions. Approvals in those regions can be rigorous and time consuming. However, a basic premise of the